CELLN.TELEC.UNSP.ADR/1/2 (4720) — Working Capital to Net Assets Ratio
CELLN.TELEC.UNSP.ADR/1/2 (4720) has a Working Capital to Net Assets ratio of -14.0% as of June 2026. Working capital of €-1.80 Billion (current assets of €2.99 Billion minus current liabilities of €4.80 Billion) is measured against net assets of €12.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 4720 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CELLN.TELEC.UNSP.ADR/1/2 Working Capital to Net Assets (2021–2025)
This chart shows how CELLN.TELEC.UNSP.ADR/1/2's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at -14.0%, reflecting working capital of €-1.80 Billion against net assets of €12.89 Billion EUR. For the complete balance sheet picture, see balance sheet size of CELLN.TELEC.UNSP.ADR/1/2.
Annual Working Capital to Net Assets for CELLN.TELEC.UNSP.ADR/1/2 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CELLN.TELEC.UNSP.ADR/1/2 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 CELLN.TELEC.UNSP.ADR/1/2 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) |
|---|---|---|---|---|---|---|
| 2025 | -18.0% | €-2.40 Billion | €13.32 Billion | €2.50 Billion | €4.90 Billion | ▼ -9.4 pp |
| 2024 | -8.6% | €-1.31 Billion | €15.32 Billion | €2.24 Billion | €3.56 Billion | ▼ -3.6 pp |
| 2023 | -5.0% | €-756.76 Million | €15.15 Billion | €2.48 Billion | €3.24 Billion | ▼ -4.7 pp |
| 2022 | -0.3% | €-42.69 Million | €15.19 Billion | €2.22 Billion | €2.26 Billion | ▼ -15.5 pp |
| 2021 | 15.2% | €2.41 Billion | €15.83 Billion | €5.10 Billion | €2.69 Billion | — |