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 20.1% as of September 2025. Working capital of €20.64 Billion (current assets of €141.14 Billion minus current liabilities of €120.50 Billion) is measured against net assets of €102.49 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Telefonaktiebolaget LM Ericsson (publ) to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telefonaktiebolaget LM Ericsson (publ) Working Capital to Net Assets (2016–2024)
This chart shows how Telefonaktiebolaget LM Ericsson (publ)'s Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 20.1%, reflecting working capital of €20.64 Billion against net assets of €102.49 Billion EUR. See Telefonaktiebolaget LM Ericsson (publ) defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Telefonaktiebolaget LM Ericsson (publ) (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telefonaktiebolaget LM Ericsson (publ) from 2016 to 2024, covering 9 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 ERCA stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |