Tadir-Gan (Precision Products) 1993 Ltd (TDGN) — Working Capital to Net Assets Ratio
Tadir-Gan (Precision Products) 1993 Ltd (TDGN) has a Working Capital to Net Assets ratio of -201.7% as of September 2020. Working capital of ILA-5.43 Million (current assets of ILA5.65 Million minus current liabilities of ILA11.08 Million) is measured against net assets of ILA2.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Tadir-Gan (Precision Products) 1993 Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tadir-Gan (Precision Products) 1993 Ltd Working Capital to Net Assets (2013–2019)
This chart shows how Tadir-Gan (Precision Products) 1993 Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2013 to 2019. As of September 2020, the ratio stands at -201.7%, reflecting working capital of ILA-5.43 Million against net assets of ILA2.69 Million ILA. For the complete balance sheet picture, see TDGN asset base.
Annual Working Capital to Net Assets for Tadir-Gan (Precision Products) 1993 Ltd (2013–2019)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tadir-Gan (Precision Products) 1993 Ltd from 2013 to 2019, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of Tadir-Gan (Precision Products) 1993 Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2019 | -113.9% | ILA-4.96 Million | ILA4.36 Million | ILA7.07 Million | ILA12.03 Million | ▼ -26.2 pp |
| 2018 | -87.8% | ILA-6.61 Million | ILA7.53 Million | ILA11.32 Million | ILA17.93 Million | ▼ -102.1 pp |
| 2017 | 14.4% | ILA3.67 Million | ILA25.53 Million | ILA14.23 Million | ILA10.56 Million | ▲ +31.3 pp |
| 2016 | -16.9% | ILA-3.28 Million | ILA19.41 Million | ILA24.29 Million | ILA27.57 Million | ▼ -28.1 pp |
| 2015 | 11.2% | ILA3.03 Million | ILA27.16 Million | ILA27.94 Million | ILA24.91 Million | ▼ -0.5 pp |
| 2014 | 11.7% | ILA3.57 Million | ILA30.51 Million | ILA29.87 Million | ILA26.30 Million | ▼ -0.3 pp |
| 2013 | 12.0% | ILA4.25 Million | ILA35.34 Million | ILA30.64 Million | ILA26.39 Million | — |