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 HAL Trust liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see HAL Trust total assets.
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. Check HAL Trust asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |