MERCARI INC. UNSP.ADR/1/2 (6TP0) — Working Capital to Net Assets Ratio

MERCARI INC. UNSP.ADR/1/2 (6TP0) has a Working Capital to Net Assets ratio of 106.1% as of December 2025. Working capital of €118.00 Billion (current assets of €511.93 Billion minus current liabilities of €393.93 Billion) is measured against net assets of €111.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 6TP0 defensive interval ratio to measure how many days the company can operate on defensive assets alone.