PGF Polska Grupa Fotowoltaiczna SA (PGV) — Working Capital to Net Assets Ratio
PGF Polska Grupa Fotowoltaiczna SA (PGV) has a Working Capital to Net Assets ratio of -2.1% as of September 2025. Working capital of zł-2.84 Million (current assets of zł4.46 Million minus current liabilities of zł7.30 Million) is measured against net assets of zł135.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PGF Polska Grupa Fotowoltaiczna SA balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PGF Polska Grupa Fotowoltaiczna SA Working Capital to Net Assets (2008–2024)
This chart shows how PGF Polska Grupa Fotowoltaiczna SA's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at -2.1%, reflecting working capital of zł-2.84 Million against net assets of zł135.80 Million PLN. Check PGF Polska Grupa Fotowoltaiczna SA tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PGF Polska Grupa Fotowoltaiczna SA (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PGF Polska Grupa Fotowoltaiczna SA from 2008 to 2024, covering 17 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 PGV market cap.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.5% | zł3.40 Million | zł96.71 Million | zł24.04 Million | zł20.64 Million | ▼ -14.1 pp |
| 2023 | 17.7% | zł25.19 Million | zł142.72 Million | zł48.94 Million | zł23.75 Million | ▼ -13.7 pp |
| 2022 | 31.3% | zł40.41 Million | zł128.93 Million | zł44.97 Million | zł4.56 Million | ▲ +23.3 pp |
| 2021 | 8.1% | zł20.91 Million | zł258.26 Million | zł25.87 Million | zł4.96 Million | ▲ +13.9 pp |
| 2020 | -5.8% | zł-9.07 Million | zł157.39 Million | zł1.65 Million | zł10.72 Million | ▼ -3.5 pp |
| 2019 | -2.3% | zł-7.32 Million | zł324.34 Million | zł3.10 Million | zł10.42 Million | ▲ +24.3 pp |
| 2018 | -26.6% | zł-5.46 Million | zł20.52 Million | zł16.53 Million | zł21.99 Million | ▲ +160.2 pp |
| 2017 | -186.8% | zł-51.89 Million | zł27.79 Million | zł58.10 Million | zł109.99 Million | ▼ -240.7 pp |
| 2016 | 53.9% | zł17.96 Million | zł33.29 Million | zł51.35 Million | zł33.39 Million | ▲ +106.7 pp |
| 2015 | -52.7% | zł-39.92 Million | zł75.72 Million | zł53.91 Million | zł93.83 Million | ▼ -94.7 pp |
| 2014 | 41.9% | zł48.66 Million | zł116.02 Million | zł60.29 Million | zł11.63 Million | ▼ -3.6 pp |
| 2013 | 45.6% | zł56.00 Million | zł122.90 Million | zł63.33 Million | zł7.33 Million | ▼ -25.5 pp |
| 2012 | 71.0% | zł39.17 Million | zł55.15 Million | zł40.76 Million | zł1.59 Million | ▲ +16.4 pp |
| 2011 | 54.6% | zł18.35 Million | zł33.59 Million | zł20.15 Million | zł1.80 Million | ▲ +33.8 pp |
| 2010 | 20.9% | zł2.86 Million | zł13.68 Million | zł3.62 Million | zł765.00K | ▲ +16.9 pp |
| 2009 | 4.0% | zł3.37 Million | zł84.97 Million | zł6.95 Million | zł3.58 Million | ▼ -2.3 pp |
| 2008 | 6.3% | zł5.07 Million | zł80.84 Million | zł9.04 Million | zł3.98 Million | — |