Telefonaktiebolaget LM Ericsson (publ) (ERCA) — Working Capital to Net Assets Ratio
Telefonaktiebolaget LM Ericsson (publ) (ERCA) has a Working Capital to Net Assets ratio of 15.1% as of June 2026. Working capital of €15.79 Billion (current assets of €147.11 Billion minus current liabilities of €131.33 Billion) is measured against net assets of €104.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Telefonaktiebolaget LM Ericsson (publ) (ERCA) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telefonaktiebolaget LM Ericsson (publ) Working Capital to Net Assets (2016–2025)
This chart shows how Telefonaktiebolaget LM Ericsson (publ)'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 15.1%, reflecting working capital of €15.79 Billion against net assets of €104.76 Billion EUR. For the complete balance sheet picture, see balance sheet size of Telefonaktiebolaget LM Ericsson (publ).
Annual Working Capital to Net Assets for Telefonaktiebolaget LM Ericsson (publ) (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telefonaktiebolaget LM Ericsson (publ) from 2016 to 2025, covering 10 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. Check ERCA asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.6% | €32.62 Billion | €110.26 Billion | €143.55 Billion | €110.94 Billion | ▲ +5.5 pp |
| 2024 | 24.1% | €22.43 Billion | €92.98 Billion | €154.31 Billion | €131.87 Billion | ▼ -2.1 pp |
| 2023 | 26.3% | €25.59 Billion | €97.41 Billion | €154.99 Billion | €129.40 Billion | ▲ +5.1 pp |
| 2022 | 21.1% | €28.18 Billion | €133.30 Billion | €173.80 Billion | €145.62 Billion | ▼ -23.5 pp |
| 2021 | 44.7% | €47.85 Billion | €107.10 Billion | €174.81 Billion | €126.95 Billion | ▲ +3.0 pp |
| 2020 | 41.6% | €35.48 Billion | €85.18 Billion | €149.79 Billion | €114.32 Billion | ▼ -3.7 pp |
| 2019 | 45.3% | €37.09 Billion | €81.88 Billion | €153.91 Billion | €116.82 Billion | ▼ -12.0 pp |
| 2018 | 57.3% | €50.25 Billion | €87.77 Billion | €161.17 Billion | €110.91 Billion | ▲ +3.5 pp |
| 2017 | 53.8% | €53.89 Billion | €100.18 Billion | €153.42 Billion | €99.53 Billion | ▲ +0.9 pp |
| 2016 | 52.9% | €74.29 Billion | €140.49 Billion | €175.10 Billion | €100.80 Billion | — |