CATHAY PAC.AIRW.HD-20ADR5 (CTYA) — Working Capital to Net Assets Ratio
CATHAY PAC.AIRW.HD-20ADR5 (CTYA) has a Working Capital to Net Assets ratio of -60.7% as of December 2025. Working capital of €-36.51 Billion (current assets of €22.53 Billion minus current liabilities of €59.04 Billion) is measured against net assets of €60.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of CATHAY PAC.AIRW.HD-20ADR5 to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CATHAY PAC.AIRW.HD-20ADR5 Working Capital to Net Assets (2021–2025)
This chart shows how CATHAY PAC.AIRW.HD-20ADR5's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at -60.7%, reflecting working capital of €-36.51 Billion against net assets of €60.12 Billion EUR. Check CTYA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for CATHAY PAC.AIRW.HD-20ADR5 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CATHAY PAC.AIRW.HD-20ADR5 from 2021 to 2025, covering 5 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 CATHAY PAC.AIRW.HD-20ADR5 market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -60.7% | €-36.51 Billion | €60.12 Billion | €22.53 Billion | €59.04 Billion | ▼ -1.7 pp |
| 2024 | -59.0% | €-30.99 Billion | €52.51 Billion | €19.25 Billion | €50.24 Billion | ▼ -21.1 pp |
| 2023 | -37.9% | €-22.74 Billion | €60.03 Billion | €22.75 Billion | €45.49 Billion | ▼ -11.1 pp |
| 2022 | -26.7% | €-17.07 Billion | €63.81 Billion | €26.34 Billion | €43.40 Billion | ▼ -7.0 pp |
| 2021 | -19.7% | €-14.24 Billion | €72.25 Billion | €28.90 Billion | €43.13 Billion | — |