Itesoft annual working capital
2019
2020
2021
2022
2023
Itesoft Working Capital Growth & History (ITE)
Itesoft's working capital was €850,000 for fiscal 2023.
View full Itesoft company overviewItesoft annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | €850,000 | −€2.3M | −72.81% |
| 2022 | 2022-12-31 | €3.1M | −€3.1M | −49.77% |
| 2021 | 2021-12-31 | €6.2M | −€1.8M | −22.35% |
| 2020 | 2020-12-31 | €8.0M | €4.3M | +116.59% |
| 2019 | 2019-12-31 | €3.7M | — | — |
Itesoft working capital trends
Between the periods ended 2019-12-31 and 2023-12-31, Itesoft's working capital decreased from €3.7M to €850,000, a change of −€2.9M.
About the metric
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
Calculation and source
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Itesoft source filings ↗