UNIV.MUSIC GRP.ADR/050 (0VD0) — Working Capital to Net Assets Ratio

UNIV.MUSIC GRP.ADR/050 (0VD0) has a Working Capital to Net Assets ratio of -57.6% as of December 2025. Working capital of €-2.63 Billion (current assets of €4.58 Billion minus current liabilities of €7.21 Billion) is measured against net assets of €4.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of UNIV.MUSIC GRP.ADR/050 to measure how many days the company can operate on defensive assets alone.