Angang Steel Company Limited (GNV) — Working Capital to Net Assets Ratio
Angang Steel Company Limited (GNV) has a Working Capital to Net Assets ratio of -39.5% as of June 2025. Working capital of €-18.84 Billion (current assets of €26.60 Billion minus current liabilities of €45.44 Billion) is measured against net assets of €47.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Angang Steel Company Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Angang Steel Company Limited Working Capital to Net Assets (2013–2024)
This chart shows how Angang Steel Company Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at -39.5%, reflecting working capital of €-18.84 Billion against net assets of €47.65 Billion EUR. For the complete balance sheet picture, see GNV total assets.
Annual Working Capital to Net Assets for Angang Steel Company Limited (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Angang Steel Company Limited from 2013 to 2024, covering 12 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 asset resilience ratio of Angang Steel Company Limited to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -23.0% | €-11.19 Billion | €48.67 Billion | €28.25 Billion | €39.44 Billion | ▼ -8.4 pp |
| 2023 | -14.6% | €-8.07 Billion | €55.39 Billion | €27.12 Billion | €35.19 Billion | ▼ -2.8 pp |
| 2022 | -11.8% | €-6.92 Billion | €58.80 Billion | €29.23 Billion | €36.15 Billion | ▼ -15.0 pp |
| 2021 | 3.2% | €1.92 Billion | €60.19 Billion | €32.54 Billion | €30.62 Billion | ▲ +11.9 pp |
| 2020 | -8.7% | €-4.69 Billion | €53.86 Billion | €23.02 Billion | €27.70 Billion | ▲ +2.4 pp |
| 2019 | -11.1% | €-5.85 Billion | €52.55 Billion | €23.49 Billion | €29.34 Billion | ▼ 0.0 pp |
| 2018 | -11.1% | €-5.84 Billion | €52.47 Billion | €26.91 Billion | €32.75 Billion | ▲ +1.7 pp |
| 2017 | -12.8% | €-6.45 Billion | €50.39 Billion | €30.00 Billion | €36.45 Billion | ▲ +11.7 pp |
| 2016 | -24.5% | €-11.11 Billion | €45.29 Billion | €25.98 Billion | €37.09 Billion | ▲ +19.9 pp |
| 2015 | -44.4% | €-19.41 Billion | €43.68 Billion | €23.59 Billion | €43.00 Billion | ▼ -23.4 pp |
| 2014 | -21.0% | €-10.13 Billion | €48.20 Billion | €26.62 Billion | €36.75 Billion | ▼ -3.0 pp |
| 2013 | -18.1% | €-8.51 Billion | €47.09 Billion | €29.30 Billion | €37.80 Billion | — |