Danone SA (BSND) — Working Capital to Net Assets Ratio
Danone SA (BSND) has a Working Capital to Net Assets ratio of -8.2% as of December 2025. Working capital of €-1.40 Billion (current assets of €13.23 Billion minus current liabilities of €14.62 Billion) is measured against net assets of €16.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BSND free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Danone SA Working Capital to Net Assets (2018–2025)
This chart shows how Danone SA's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at -8.2%, reflecting working capital of €-1.40 Billion against net assets of €16.97 Billion EUR. See defensive interval ratio of Danone SA to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Danone SA (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Danone SA from 2018 to 2025, 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 Danone SA.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.2% | €-1.40 Billion | €16.97 Billion | €13.23 Billion | €14.62 Billion | ▼ -2.9 pp |
| 2024 | -5.3% | €-946.00 Million | €17.85 Billion | €12.79 Billion | €13.73 Billion | ▲ +1.3 pp |
| 2023 | -6.6% | €-1.07 Billion | €16.22 Billion | €12.92 Billion | €13.98 Billion | ▼ -6.7 pp |
| 2022 | 0.1% | €23.00 Million | €17.99 Billion | €12.15 Billion | €12.13 Billion | ▼ -5.5 pp |
| 2021 | 5.6% | €978.00 Million | €17.38 Billion | €12.06 Billion | €11.08 Billion | ▲ +3.8 pp |
| 2020 | 1.8% | €300.00 Million | €16.30 Billion | €10.64 Billion | €10.34 Billion | ▲ +8.4 pp |
| 2019 | -6.5% | €-1.14 Billion | €17.38 Billion | €10.12 Billion | €11.25 Billion | ▼ -8.8 pp |
| 2018 | 2.2% | €369.00 Million | €16.48 Billion | €10.33 Billion | €9.96 Billion | — |