SANDS CHINA ADR/1 O.N. (599) — Working Capital to Net Assets Ratio
SANDS CHINA ADR/1 O.N. (599) has a Working Capital to Net Assets ratio of -24.6% as of December 2025. Working capital of €-345.00 Million (current assets of €1.97 Billion minus current liabilities of €2.32 Billion) is measured against net assets of €1.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can SANDS CHINA ADR/1 O.N. fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SANDS CHINA ADR/1 O.N. Working Capital to Net Assets (2021–2025)
This chart shows how SANDS CHINA ADR/1 O.N.'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 -24.6%, reflecting working capital of €-345.00 Million against net assets of €1.40 Billion EUR. For the complete balance sheet picture, see SANDS CHINA ADR/1 O.N. assets under control.
Annual Working Capital to Net Assets for SANDS CHINA ADR/1 O.N. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SANDS CHINA ADR/1 O.N. 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. Read SANDS CHINA ADR/1 O.N. (599) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -24.6% | €-345.00 Million | €1.40 Billion | €1.97 Billion | €2.32 Billion | ▲ +44.0 pp |
| 2024 | -68.7% | €-708.00 Million | €1.03 Billion | €2.29 Billion | €2.99 Billion | ▲ +7706.3 pp |
| 2023 | -7775.0% | €311.00 Million | €-4.00 Million | €1.68 Billion | €1.37 Billion | ▼ -7918.4 pp |
| 2022 | 143.4% | €-1.00 Billion | €-700.00 Million | €1.87 Billion | €2.87 Billion | ▲ +166.2 pp |
| 2021 | -22.7% | €-202.00 Million | €888.00 Million | €892.00 Million | €1.09 Billion | — |