Working capital is also known as "utilization of funds". Foreign known as working capital. Is the total current assets of the joint venture less current liabilities after the net amount, that is, the enterprise in the operation of the net liquidity available for use, turnover. Since working capital is the net amount of current assets minus current liabilities, changes in current assets and current liabilities will cause changes in the increase or decrease of working capital.

The formula for working capital is: working capital = current assets - current liabilities = (total assets - non-current assets) - (total assets - owner's equity - long-term liabilities) = (owner's equity + long-term liabilities) - non-current assets = long-term capital - long-term assets

Tips: The above is for reference only.

Response time: 2021-11-26, the latest business changes, please refer to the Ping An Bank official website announcement.