HAL Trust (HAL) — Working Capital to Net Assets Ratio
HAL Trust (HAL) has a Working Capital to Net Assets ratio of 16.4% as of December 2025. Working capital of €2.90 Billion (current assets of €8.63 Billion minus current liabilities of €5.73 Billion) is measured against net assets of €17.74 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is HAL Trust to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HAL Trust Working Capital to Net Assets (2006–2025)
This chart shows how HAL Trust's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 16.4%, reflecting working capital of €2.90 Billion against net assets of €17.74 Billion EUR. See HAL Trust defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for HAL Trust (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HAL Trust from 2006 to 2025, covering 17 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 HAL Trust market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.4% | €2.90 Billion | €17.74 Billion | €8.63 Billion | €5.73 Billion | ▲ +3.8 pp |
| 2024 | 12.6% | €2.12 Billion | €16.91 Billion | €7.93 Billion | €5.81 Billion | ▼ -5.7 pp |
| 2023 | 18.3% | €2.91 Billion | €15.87 Billion | €9.08 Billion | €6.18 Billion | ▼ -5.0 pp |
| 2022 | 23.4% | €3.56 Billion | €15.24 Billion | €9.90 Billion | €6.34 Billion | ▼ -18.9 pp |
| 2021 | 42.3% | €6.26 Billion | €14.81 Billion | €9.36 Billion | €3.10 Billion | ▲ +11.2 pp |
| 2020 | 31.1% | €3.29 Billion | €10.60 Billion | €8.96 Billion | €5.66 Billion | ▲ +0.3 pp |
| 2019 | 30.7% | €3.24 Billion | €10.55 Billion | €8.84 Billion | €5.59 Billion | ▲ +12.6 pp |
| 2018 | 18.2% | €1.80 Billion | €9.91 Billion | €4.91 Billion | €3.11 Billion | ▼ -3.5 pp |
| 2017 | 21.6% | €2.11 Billion | €9.75 Billion | €4.99 Billion | €2.88 Billion | ▼ -5.3 pp |
| 2016 | 27.0% | €2.63 Billion | €9.76 Billion | €5.49 Billion | €2.86 Billion | ▲ +2.7 pp |
| 2015 | 24.3% | €2.08 Billion | €8.56 Billion | €4.56 Billion | €2.48 Billion | ▲ +10.7 pp |
| 2014 | 13.6% | €881.30 Million | €6.50 Billion | €3.22 Billion | €2.34 Billion | ▲ +6.5 pp |
| 2013 | 7.1% | €331.00 Million | €4.69 Billion | €1.44 Billion | €1.11 Billion | ▲ +3.8 pp |
| 2012 | 3.2% | €139.70 Million | €4.35 Billion | €1.44 Billion | €1.30 Billion | ▼ -13.6 pp |
| 2008 | 16.8% | €487.60 Million | €2.90 Billion | €1.61 Billion | €1.12 Billion | ▼ -6.1 pp |
| 2007 | 22.9% | €635.30 Million | €2.78 Billion | €1.64 Billion | €1.00 Billion | ▲ +10.9 pp |
| 2006 | 12.0% | €270.79 Million | €2.25 Billion | €1.22 Billion | €945.85 Million | — |