PHOENIX NEW MED.ADR 1/48 (1PX) — Working Capital to Net Assets Ratio
PHOENIX NEW MED.ADR 1/48 (1PX) has a Working Capital to Net Assets ratio of 83.0% as of December 2025. Working capital of €920.04 Million (current assets of €1.42 Billion minus current liabilities of €498.25 Million) is measured against net assets of €1.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can PHOENIX NEW MED.ADR 1/48 fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PHOENIX NEW MED.ADR 1/48 Working Capital to Net Assets (2021–2025)
This chart shows how PHOENIX NEW MED.ADR 1/48's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 83.0%, reflecting working capital of €920.04 Million against net assets of €1.11 Billion EUR. For the complete balance sheet picture, see PHOENIX NEW MED.ADR 1/48 total assets.
Annual Working Capital to Net Assets for PHOENIX NEW MED.ADR 1/48 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PHOENIX NEW MED.ADR 1/48 from 2021 to 2025, covering 5 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 PHOENIX NEW MED.ADR 1/48 liquid asset 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 | 83.0% | €920.04 Million | €1.11 Billion | €1.42 Billion | €498.25 Million | ▼ -1.1 pp |
| 2024 | 84.2% | €937.03 Million | €1.11 Billion | €1.47 Billion | €537.32 Million | ▲ +2.4 pp |
| 2023 | 81.8% | €951.63 Million | €1.16 Billion | €1.48 Billion | €526.99 Million | ▲ +3.0 pp |
| 2022 | 78.8% | €997.33 Million | €1.27 Billion | €1.66 Billion | €664.32 Million | ▼ -1.1 pp |
| 2021 | 79.9% | €1.11 Billion | €1.39 Billion | €2.08 Billion | €966.98 Million | — |