AXA SA (AXAA) — Working Capital to Net Assets Ratio
AXA SA (AXAA) has a Working Capital to Net Assets ratio of 212.7% as of June 2023. Working capital of €103.82 Billion (current assets of €135.03 Billion minus current liabilities of €31.21 Billion) is measured against net assets of €48.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is AXA SA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AXA SA Working Capital to Net Assets (2014–2021)
This chart shows how AXA SA's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 212.7%, reflecting working capital of €103.82 Billion against net assets of €48.82 Billion EUR. See defensive interval ratio of AXA SA to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for AXA SA (2014–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for AXA SA from 2014 to 2021, covering 8 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 market cap of AXA SA.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | -112.4% | €-84.57 Billion | €75.23 Billion | €107.73 Billion | €192.30 Billion | ▲ +0.8 pp |
| 2020 | -113.2% | €-86.24 Billion | €76.17 Billion | €126.88 Billion | €213.12 Billion | ▲ +3.4 pp |
| 2019 | -116.6% | €-86.99 Billion | €74.63 Billion | €114.04 Billion | €201.03 Billion | ▼ -9.0 pp |
| 2018 | -107.6% | €-78.78 Billion | €73.25 Billion | €126.73 Billion | €205.51 Billion | ▼ -23.2 pp |
| 2017 | -84.4% | €-63.50 Billion | €75.27 Billion | €73.99 Billion | €137.49 Billion | ▼ -2.3 pp |
| 2016 | -82.1% | €-62.28 Billion | €75.88 Billion | €78.80 Billion | €141.08 Billion | ▼ -5.0 pp |
| 2015 | -77.1% | €-64.08 Billion | €83.17 Billion | €82.45 Billion | €146.53 Billion | ▲ +8.2 pp |
| 2014 | -85.3% | €-66.76 Billion | €78.28 Billion | €73.38 Billion | €140.14 Billion | — |