Société de Services de Participations de Direction et d'Elaboration (SPA) — Working Capital to Net Assets Ratio
Société de Services de Participations de Direction et d'Elaboration (SPA) has a Working Capital to Net Assets ratio of 38.5% as of June 2025. Working capital of €124.61 Million (current assets of €266.82 Million minus current liabilities of €142.21 Million) is measured against net assets of €323.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Société de Services de Participations de Direction et d'Elaboration Working Capital to Net Assets (2005–2024)
This chart shows how Société de Services de Participations de Direction et d'Elaboration's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 38.5%, reflecting working capital of €124.61 Million against net assets of €323.93 Million EUR. For the complete balance sheet picture, see Société de Services de Participations de balance sheet assets.
Annual Working Capital to Net Assets for Société de Services de Participations de Direction et d'Elaboration (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Société de Services de Participations de Direction et d'Elaboration from 2005 to 2024, covering 20 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 SPA 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) |
|---|---|---|---|---|---|---|
| 2024 | 34.2% | €106.24 Million | €310.43 Million | €235.25 Million | €129.01 Million | ▲ +6.7 pp |
| 2023 | 27.5% | €76.72 Million | €279.13 Million | €190.87 Million | €114.14 Million | ▲ +7.3 pp |
| 2022 | 20.2% | €52.16 Million | €257.84 Million | €156.29 Million | €104.12 Million | ▲ +1.1 pp |
| 2021 | 19.1% | €48.14 Million | €251.54 Million | €156.55 Million | €108.41 Million | ▲ +1.9 pp |
| 2020 | 17.2% | €39.60 Million | €229.90 Million | €150.13 Million | €110.53 Million | ▼ -0.3 pp |
| 2019 | 17.5% | €37.07 Million | €211.47 Million | €150.81 Million | €113.73 Million | ▲ +1.0 pp |
| 2018 | 16.6% | €32.13 Million | €194.14 Million | €152.53 Million | €120.40 Million | ▲ +7.0 pp |
| 2017 | 9.6% | €15.62 Million | €162.96 Million | €157.25 Million | €141.63 Million | ▼ -38.2 pp |
| 2016 | 47.8% | €68.41 Million | €143.24 Million | €182.53 Million | €114.12 Million | ▲ +7.4 pp |
| 2015 | 40.4% | €54.29 Million | €134.48 Million | €164.07 Million | €109.78 Million | ▼ -4.3 pp |
| 2014 | 44.6% | €52.62 Million | €117.90 Million | €148.03 Million | €95.41 Million | ▲ +7.0 pp |
| 2013 | 37.7% | €39.75 Million | €105.53 Million | €125.58 Million | €85.82 Million | ▲ +3.5 pp |
| 2012 | 34.2% | €33.96 Million | €99.40 Million | €107.72 Million | €73.76 Million | ▲ +7.1 pp |
| 2011 | 27.1% | €25.35 Million | €93.72 Million | €104.99 Million | €79.64 Million | ▲ +5.1 pp |
| 2010 | 22.0% | €19.57 Million | €89.09 Million | €93.39 Million | €73.82 Million | ▼ -28.9 pp |
| 2009 | 50.9% | €70.50 Million | €138.49 Million | €138.17 Million | €67.67 Million | ▲ +5.9 pp |
| 2008 | 45.0% | €57.19 Million | €126.98 Million | €135.20 Million | €78.01 Million | ▲ +10.8 pp |
| 2007 | 34.2% | €46.48 Million | €135.76 Million | €131.07 Million | €84.59 Million | ▲ +11.0 pp |
| 2006 | 23.3% | €27.75 Million | €119.30 Million | €119.52 Million | €91.77 Million | ▲ +20.7 pp |
| 2005 | 2.5% | €2.66 Million | €104.87 Million | €93.82 Million | €91.16 Million | — |