ACERINOX ADR 1/2/EO-25 (ACE) — Working Capital to Net Assets Ratio

ACERINOX ADR 1/2/EO-25 (ACE) has a Working Capital to Net Assets ratio of 72.6% as of December 2025. Working capital of €1.52 Billion (current assets of €3.24 Billion minus current liabilities of €1.71 Billion) is measured against net assets of €2.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ACERINOX ADR 1/2/EO-25 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.