PostNL NV (PNL) — Working Capital to Net Assets Ratio
PostNL NV (PNL) has a Working Capital to Net Assets ratio of 38.5% as of December 2025. Working capital of €69.00 Million (current assets of €1.04 Billion minus current liabilities of €970.00 Million) is measured against net assets of €179.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PostNL NV (PNL) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PostNL NV Working Capital to Net Assets (1998–2025)
This chart shows how PostNL NV's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 38.5%, reflecting working capital of €69.00 Million against net assets of €179.00 Million EUR. For the complete balance sheet picture, see PNL current and non-current assets.
Annual Working Capital to Net Assets for PostNL NV (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PostNL NV from 1998 to 2025, covering 28 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 PNL financial resilience 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 | 38.5% | €69.00 Million | €179.00 Million | €1.04 Billion | €970.00 Million | ▲ +47.8 pp |
| 2024 | -9.3% | €-19.00 Million | €205.00 Million | €915.00 Million | €934.00 Million | ▲ +161.2 pp |
| 2023 | -170.5% | €-341.00 Million | €200.00 Million | €943.00 Million | €1.28 Billion | ▼ -195.1 pp |
| 2022 | 24.6% | €44.00 Million | €179.00 Million | €1.03 Billion | €984.00 Million | ▼ -72.2 pp |
| 2021 | 96.7% | €415.00 Million | €429.00 Million | €1.34 Billion | €928.00 Million | ▼ -30.0 pp |
| 2020 | 126.7% | €280.00 Million | €221.00 Million | €1.20 Billion | €923.00 Million | ▲ +465.6 pp |
| 2019 | -338.9% | €61.00 Million | €-18.00 Million | €1.01 Billion | €951.00 Million | ▼ -381.7 pp |
| 2018 | 42.9% | €21.00 Million | €49.00 Million | €900.00 Million | €879.00 Million | ▼ -84.2 pp |
| 2017 | 127.0% | €47.00 Million | €37.00 Million | €1.26 Billion | €1.22 Billion | ▼ -41.4 pp |
| 2016 | 168.4% | €-128.00 Million | €-76.00 Million | €1.17 Billion | €1.30 Billion | ▲ +116.1 pp |
| 2015 | 52.3% | €-113.00 Million | €-216.00 Million | €873.00 Million | €986.00 Million | ▲ +18.4 pp |
| 2014 | 33.9% | €-200.00 Million | €-590.00 Million | €1.29 Billion | €1.49 Billion | ▲ +35.4 pp |
| 2013 | -1.5% | €10.00 Million | €-672.00 Million | €1.17 Billion | €1.16 Billion | ▼ -115.7 pp |
| 2012 | 114.3% | €1.23 Billion | €1.08 Billion | €2.43 Billion | €1.20 Billion | ▲ +120.3 pp |
| 2011 | -6.0% | €-25.00 Million | €414.00 Million | €1.31 Billion | €1.34 Billion | ▼ -128.4 pp |
| 2010 | 122.3% | €2.99 Billion | €2.44 Billion | €6.29 Billion | €3.30 Billion | ▲ +123.4 pp |
| 2009 | -1.0% | €-21.00 Million | €2.08 Billion | €2.82 Billion | €2.84 Billion | ▲ +11.3 pp |
| 2008 | -12.4% | €-217.00 Million | €1.76 Billion | €2.46 Billion | €2.67 Billion | ▲ +20.5 pp |
| 2007 | -32.8% | €-640.00 Million | €1.95 Billion | €2.26 Billion | €2.90 Billion | ▼ -11.9 pp |
| 2006 | -20.9% | €-420.00 Million | €2.01 Billion | €2.12 Billion | €2.54 Billion | ▼ -23.2 pp |
| 2005 | 2.3% | €76.00 Million | €3.30 Billion | €2.35 Billion | €2.28 Billion | ▼ -18.7 pp |
| 2004 | 21.0% | €584.00 Million | €2.78 Billion | €3.20 Billion | €2.62 Billion | ▲ +7.3 pp |
| 2003 | 13.6% | €407.00 Million | €2.99 Billion | €2.86 Billion | €2.45 Billion | ▼ -25.8 pp |
| 2002 | 39.4% | €1.13 Billion | €2.86 Billion | €2.69 Billion | €1.57 Billion | ▲ +44.4 pp |
| 2001 | -5.0% | €-126.00 Million | €2.50 Billion | €2.87 Billion | €2.99 Billion | ▲ +34.2 pp |
| 2000 | -39.2% | €-964.00 Million | €2.46 Billion | €2.41 Billion | €3.37 Billion | ▼ -30.5 pp |
| 1999 | -8.7% | €-189.56 Million | €2.19 Billion | €2.12 Billion | €2.31 Billion | ▼ -11.2 pp |
| 1998 | 2.6% | €47.35 Million | €1.85 Billion | €1.81 Billion | €1.76 Billion | — |