Advanced Blockchain AG (BWQ) — Working Capital to Net Assets Ratio

Latest as of June 2024: -10.0%

Advanced Blockchain AG (BWQ) has a Working Capital to Net Assets ratio of -10.0% as of June 2024. Working capital of €12.79 Million (current assets of €13.13 Million minus current liabilities of €338.87K) is measured against net assets of €-128.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Advanced Blockchain AG balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

-10.0%
Working Capital / Net Assets

Working Capital

€12.79 Million
EUR

Current Assets

€13.13 Million
EUR

Current Liabilities

€338.87K
EUR

Advanced Blockchain AG Working Capital to Net Assets (2018–2023)

This chart shows how Advanced Blockchain AG's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at -10.0%, reflecting working capital of €12.79 Million against net assets of €-128.34 Million EUR. Check Advanced Blockchain AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Advanced Blockchain AG (2018–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Advanced Blockchain AG from 2018 to 2023, covering 6 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 Advanced Blockchain AG market capitalisation.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2023 115.1% €11.00 Million €9.56 Million €12.30 Million €1.31 Million ▲ +8.0 pp
2022 107.0% €15.98 Million €14.93 Million €20.84 Million €4.85 Million ▼ -48.0 pp
2021 155.0% €18.68 Million €12.05 Million €20.12 Million €1.44 Million ▲ +60.0 pp
2020 95.0% €1.97 Million €2.07 Million €1.98 Million €12.14K ▲ +7.0 pp
2019 88.0% €1.70 Million €1.93 Million €1.71 Million €9.80K ▲ +8.8 pp
2018 79.2% €896.68K €1.13 Million €897.45K €775.00
pp = percentage points