Carl Zeiss Meditec AG (AFX) — Working Capital to Net Assets Ratio
Carl Zeiss Meditec AG (AFX) has a Working Capital to Net Assets ratio of 34.2% as of September 2025. Working capital of €728.13 Million (current assets of €1.27 Billion minus current liabilities of €543.81 Million) is measured against net assets of €2.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Carl Zeiss Meditec AG to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Carl Zeiss Meditec AG Working Capital to Net Assets (2014–2025)
This chart shows how Carl Zeiss Meditec AG's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 34.2%, reflecting working capital of €728.13 Million against net assets of €2.13 Billion EUR. See Carl Zeiss Meditec AG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Carl Zeiss Meditec AG (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Carl Zeiss Meditec AG from 2014 to 2025, 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 AFX market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.2% | €728.13 Million | €2.13 Billion | €1.27 Billion | €543.81 Million | ▲ +2.9 pp |
| 2024 | 31.3% | €643.65 Million | €2.06 Billion | €1.21 Billion | €568.84 Million | ▼ -30.8 pp |
| 2023 | 62.1% | €1.35 Billion | €2.17 Billion | €1.91 Billion | €561.65 Million | ▲ +0.4 pp |
| 2022 | 61.7% | €1.25 Billion | €2.03 Billion | €1.79 Billion | €539.32 Million | ▼ -7.2 pp |
| 2021 | 68.9% | €1.16 Billion | €1.68 Billion | €1.60 Billion | €448.12 Million | ▲ +0.2 pp |
| 2020 | 68.7% | €996.17 Million | €1.45 Billion | €1.29 Billion | €297.58 Million | ▲ +0.6 pp |
| 2019 | 68.1% | €964.73 Million | €1.42 Billion | €1.30 Billion | €339.60 Million | ▼ -5.8 pp |
| 2018 | 73.9% | €970.88 Million | €1.31 Billion | €1.25 Billion | €280.18 Million | ▲ +2.0 pp |
| 2017 | 71.8% | €891.81 Million | €1.24 Billion | €1.21 Billion | €316.08 Million | ▲ +4.5 pp |
| 2016 | 67.3% | €572.94 Million | €851.16 Million | €858.83 Million | €285.90 Million | ▲ +0.5 pp |
| 2015 | 66.8% | €532.91 Million | €797.45 Million | €776.30 Million | €243.39 Million | ▲ +1.1 pp |
| 2014 | 65.7% | €495.77 Million | €754.23 Million | €695.86 Million | €200.08 Million | — |