NetDragon Websoft Holdings Limited (3ND) — Working Capital to Net Assets Ratio
NetDragon Websoft Holdings Limited (3ND) has a Working Capital to Net Assets ratio of 21.7% as of June 2025. Working capital of €1.21 Billion (current assets of €5.73 Billion minus current liabilities of €4.52 Billion) is measured against net assets of €5.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NetDragon Websoft Holdings Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NetDragon Websoft Holdings Limited Working Capital to Net Assets (2013–2024)
This chart shows how NetDragon Websoft Holdings Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 21.7%, reflecting working capital of €1.21 Billion against net assets of €5.59 Billion EUR. Check 3ND intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NetDragon Websoft Holdings Limited (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NetDragon Websoft Holdings Limited from 2013 to 2024, covering 12 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 NetDragon Websoft Holdings Limited.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 21.7% | €1.27 Billion | €5.87 Billion | €5.69 Billion | €4.41 Billion | ▼ -3.5 pp |
| 2023 | 25.2% | €1.55 Billion | €6.17 Billion | €4.99 Billion | €3.44 Billion | ▼ -31.2 pp |
| 2022 | 56.4% | €3.72 Billion | €6.60 Billion | €6.69 Billion | €2.96 Billion | ▼ -5.6 pp |
| 2021 | 62.0% | €4.39 Billion | €7.07 Billion | €6.94 Billion | €2.55 Billion | ▼ -0.6 pp |
| 2020 | 62.6% | €4.16 Billion | €6.65 Billion | €6.12 Billion | €1.96 Billion | ▲ +21.8 pp |
| 2019 | 40.8% | €2.19 Billion | €5.36 Billion | €4.09 Billion | €1.90 Billion | ▲ +1.8 pp |
| 2018 | 39.0% | €1.87 Billion | €4.80 Billion | €3.35 Billion | €1.48 Billion | ▲ +2.0 pp |
| 2017 | 37.0% | €1.66 Billion | €4.48 Billion | €2.70 Billion | €1.04 Billion | ▲ +9.1 pp |
| 2016 | 27.8% | €1.07 Billion | €3.83 Billion | €1.78 Billion | €716.09 Million | ▼ -3.6 pp |
| 2015 | 31.4% | €1.35 Billion | €4.30 Billion | €2.39 Billion | €1.03 Billion | ▼ -36.8 pp |
| 2014 | 68.2% | €3.15 Billion | €4.62 Billion | €3.76 Billion | €611.59 Million | ▼ -13.5 pp |
| 2013 | 81.7% | €3.78 Billion | €4.62 Billion | €4.60 Billion | €827.11 Million | — |