Azerion Group N.V. (AZRN) — Working Capital to Net Assets Ratio
Azerion Group N.V. (AZRN) has a Working Capital to Net Assets ratio of -59.5% as of September 2025. Working capital of €-26.10 Million (current assets of €260.50 Million minus current liabilities of €286.60 Million) is measured against net assets of €43.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Azerion Group N.V. leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Azerion Group N.V. Working Capital to Net Assets (2021–2024)
This chart shows how Azerion Group N.V.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at -59.5%, reflecting working capital of €-26.10 Million against net assets of €43.90 Million EUR. See Azerion Group N.V. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Azerion Group N.V. (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Azerion Group N.V. from 2021 to 2024, covering 4 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 AZRN market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -69.8% | €-39.90 Million | €57.20 Million | €276.10 Million | €316.00 Million | ▲ +6.8 pp |
| 2023 | -76.6% | €-83.90 Million | €109.60 Million | €238.40 Million | €322.30 Million | ▲ +1.8 pp |
| 2022 | -78.4% | €-75.40 Million | €96.20 Million | €209.20 Million | €284.60 Million | ▲ +1586.6 pp |
| 2021 | -1665.0% | €369.70 Million | €-22.20 Million | €382.48 Million | €12.78 Million | — |