WhiteSmoke Software Ltd (WSMK) — Working Capital to Net Assets Ratio
WhiteSmoke Software Ltd (WSMK) has a Working Capital to Net Assets ratio of 9.0% as of June 2019. Working capital of ILA262.00K (current assets of ILA1.05 Million minus current liabilities of ILA784.00K) is measured against net assets of ILA2.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of WhiteSmoke Software Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
WhiteSmoke Software Ltd Working Capital to Net Assets (2009–2018)
This chart shows how WhiteSmoke Software Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2009 to 2018. As of June 2019, the ratio stands at 9.0%, reflecting working capital of ILA262.00K against net assets of ILA2.90 Million ILA. See WhiteSmoke Software Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for WhiteSmoke Software Ltd (2009–2018)
The table below presents the year-by-year Working Capital to Net Assets ratio for WhiteSmoke Software Ltd from 2009 to 2018, covering 10 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. For live market cap and the full company profile, see WhiteSmoke Software Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2018 | 22.5% | ILA329.00K | ILA1.46 Million | ILA2.07 Million | ILA1.74 Million | ▲ +4.8 pp |
| 2017 | 17.8% | ILA87.00K | ILA490.00K | ILA5.84 Million | ILA5.75 Million | ▼ -60.2 pp |
| 2016 | 78.0% | ILA1.78 Million | ILA2.28 Million | ILA6.91 Million | ILA5.13 Million | ▲ +4.0 pp |
| 2015 | 73.9% | ILA7.53 Million | ILA10.18 Million | ILA12.03 Million | ILA4.50 Million | ▼ -64.7 pp |
| 2014 | 138.7% | ILA5.70 Million | ILA4.11 Million | ILA13.27 Million | ILA7.57 Million | ▼ -20.2 pp |
| 2013 | 158.9% | ILA3.42 Million | ILA2.15 Million | ILA14.44 Million | ILA11.02 Million | ▲ +58.9 pp |
| 2012 | 100.0% | ILA-836.00K | ILA-836.00K | ILA92.00K | ILA928.00K | ▲ +0.0 pp |
| 2011 | 100.0% | ILA-5.46 Million | ILA-5.46 Million | ILA262.00K | ILA5.72 Million | ▲ +252.8 pp |
| 2010 | -152.8% | ILA-38.12 Million | ILA24.95 Million | ILA7.99 Million | ILA46.11 Million | ▼ -171.4 pp |
| 2009 | 18.7% | ILA9.76 Million | ILA52.29 Million | ILA45.42 Million | ILA35.67 Million | — |