H+M HEN.+MAU.UNSP.ADR 1/5 (HMSA) — Working Capital to Net Assets Ratio
H+M HEN.+MAU.UNSP.ADR 1/5 (HMSA) has a Working Capital to Net Assets ratio of 12.9% as of May 2026. Working capital of €4.38 Billion (current assets of €69.45 Billion minus current liabilities of €65.07 Billion) is measured against net assets of €33.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of H+M HEN.+MAU.UNSP.ADR 1/5 to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H+M HEN.+MAU.UNSP.ADR 1/5 Working Capital to Net Assets (2022–2025)
This chart shows how H+M HEN.+MAU.UNSP.ADR 1/5's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of May 2026, the ratio stands at 12.9%, reflecting working capital of €4.38 Billion against net assets of €33.92 Billion EUR. For the complete balance sheet picture, see H+M HEN.+MAU.UNSP.ADR 1/5 total assets.
Annual Working Capital to Net Assets for H+M HEN.+MAU.UNSP.ADR 1/5 (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for H+M HEN.+MAU.UNSP.ADR 1/5 from 2022 to 2025, covering 4 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. Read H+M HEN.+MAU.UNSP.ADR 1/5 (HMSA) total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 25.4% | €10.89 Billion | €42.95 Billion | €72.50 Billion | €61.60 Billion | ▲ +5.7 pp |
| 2024 | 19.6% | €9.08 Billion | €46.21 Billion | €75.73 Billion | €66.65 Billion | ▼ -6.9 pp |
| 2023 | 26.5% | €12.60 Billion | €47.51 Billion | €80.53 Billion | €67.93 Billion | ▲ +4.5 pp |
| 2022 | 22.0% | €11.19 Billion | €50.76 Billion | €79.52 Billion | €68.33 Billion | — |