FLSmidth & Co. (FLS) — Working Capital to Net Assets Ratio
FLSmidth & Co. (FLS) has a Working Capital to Net Assets ratio of 19.8% as of December 2025. Working capital of Dkr1.88 Billion (current assets of Dkr10.53 Billion minus current liabilities of Dkr8.65 Billion) is measured against net assets of Dkr9.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FLS net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FLSmidth & Co. Working Capital to Net Assets (2002–2025)
This chart shows how FLSmidth & Co.'s Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 19.8%, reflecting working capital of Dkr1.88 Billion against net assets of Dkr9.50 Billion DKK. Check tangible equity quality of FLSmidth & Co. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for FLSmidth & Co. (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for FLSmidth & Co. from 2002 to 2025, covering 24 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 market value of FLSmidth & Co..
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.8% | Dkr1.88 Billion | Dkr9.50 Billion | Dkr10.53 Billion | Dkr8.65 Billion | ▲ +6.3 pp |
| 2024 | 13.5% | Dkr1.59 Billion | Dkr11.78 Billion | Dkr13.39 Billion | Dkr11.79 Billion | ▲ +3.9 pp |
| 2023 | 9.7% | Dkr1.05 Billion | Dkr10.83 Billion | Dkr13.73 Billion | Dkr12.69 Billion | ▼ -10.2 pp |
| 2022 | 19.9% | Dkr2.14 Billion | Dkr10.79 Billion | Dkr16.70 Billion | Dkr14.55 Billion | ▼ -6.4 pp |
| 2021 | 26.3% | Dkr2.73 Billion | Dkr10.37 Billion | Dkr12.79 Billion | Dkr10.06 Billion | ▲ +0.7 pp |
| 2020 | 25.6% | Dkr2.08 Billion | Dkr8.13 Billion | Dkr10.45 Billion | Dkr8.36 Billion | ▼ -6.6 pp |
| 2019 | 32.2% | Dkr2.83 Billion | Dkr8.79 Billion | Dkr12.95 Billion | Dkr10.12 Billion | ▲ +4.9 pp |
| 2018 | 27.3% | Dkr2.25 Billion | Dkr8.27 Billion | Dkr11.77 Billion | Dkr9.52 Billion | ▲ +14.0 pp |
| 2017 | 13.3% | Dkr1.07 Billion | Dkr8.04 Billion | Dkr12.31 Billion | Dkr11.24 Billion | ▼ -16.2 pp |
| 2016 | 29.5% | Dkr2.49 Billion | Dkr8.46 Billion | Dkr12.96 Billion | Dkr10.47 Billion | ▼ -6.7 pp |
| 2015 | 36.2% | Dkr2.89 Billion | Dkr7.98 Billion | Dkr13.04 Billion | Dkr10.15 Billion | ▲ +9.2 pp |
| 2014 | 27.0% | Dkr2.09 Billion | Dkr7.76 Billion | Dkr14.82 Billion | Dkr12.72 Billion | ▼ -3.2 pp |
| 2013 | 30.1% | Dkr2.09 Billion | Dkr6.92 Billion | Dkr15.21 Billion | Dkr13.12 Billion | ▲ +2.6 pp |
| 2012 | 27.5% | Dkr2.59 Billion | Dkr9.42 Billion | Dkr18.87 Billion | Dkr16.28 Billion | ▲ +9.1 pp |
| 2011 | 18.5% | Dkr1.65 Billion | Dkr8.91 Billion | Dkr14.74 Billion | Dkr13.10 Billion | ▼ -6.6 pp |
| 2010 | 25.1% | Dkr2.04 Billion | Dkr8.14 Billion | Dkr13.36 Billion | Dkr11.31 Billion | ▲ +2.7 pp |
| 2009 | 22.4% | Dkr1.49 Billion | Dkr6.65 Billion | Dkr13.43 Billion | Dkr11.94 Billion | ▲ +4.9 pp |
| 2008 | 17.5% | Dkr883.00 Million | Dkr5.04 Billion | Dkr12.48 Billion | Dkr11.60 Billion | ▼ -11.2 pp |
| 2007 | 28.8% | Dkr1.21 Billion | Dkr4.21 Billion | Dkr11.87 Billion | Dkr10.66 Billion | ▼ -51.0 pp |
| 2006 | 79.8% | Dkr2.55 Billion | Dkr3.19 Billion | Dkr9.90 Billion | Dkr7.35 Billion | ▲ +4.0 pp |
| 2005 | 75.8% | Dkr2.01 Billion | Dkr2.65 Billion | Dkr7.66 Billion | Dkr5.66 Billion | ▼ -0.5 pp |
| 2004 | 76.2% | Dkr1.97 Billion | Dkr2.58 Billion | Dkr6.45 Billion | Dkr4.48 Billion | ▲ +43.5 pp |
| 2003 | 32.8% | Dkr955.00 Million | Dkr2.92 Billion | Dkr5.93 Billion | Dkr4.97 Billion | ▲ +20.8 pp |
| 2002 | 12.0% | Dkr686.00 Million | Dkr5.73 Billion | Dkr6.90 Billion | Dkr6.22 Billion | — |