In terms of working capital, Euronav NV maintains a healthy position.
The total current assets of the company are valued at $1631737000.
This represents a growth rate of 168.794% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $429370000, exhibiting a growth rate of 138.633% year-on-year.
The receivables, another significant portion of the current assets, are valued at $286815000.
The year-on-year growth rate for receivables is -21.855%.
The inventory, which forms a critical part of the assets, is valued at $22511000.
This represents a healthy year-on-year growth of -45.943%
On the liabilities side, the company's current liabilities total $424753000.
This reflects a growth rate of 67.003% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
429.37
179.93
152.53
161.48
296.95
173.13
Receavebles
286.81
367.03
237.84
214.62
309.21
306.01
Inventory
22.51
41.64
69.03
75.78
183.38
41.87
Other
920.38
18.46
40.38
42.74
12.71
83.87
Total Current Assets
1631.74
607.06
459.41
451.87
802.25
521.14
Acc Payable
42.03
90.47
83.91
85.15
94.41
87.22
Short Term Debt
295.65
157.65
236.49
117.59
221.21
198.88
Other Current Liab
69.72
11.32
6.92
12.28
17.35
6.74
Current Liabilities
424.75
254.34
321.03
203.59
316.05
287.12
Capital Structure
When examining the capital structure of Euronav NV, it is clear that the company manages a robust portfolio.
These earnings represent the profits that Euronav NV has chosen to reinvest in the business rather than distribute as dividends.
