Hannover Rück SE (HNR1) — Working Capital to Net Assets Ratio
Hannover Rück SE (HNR1) has a Working Capital to Net Assets ratio of -341.6% as of June 2023. Working capital of €-34.72 Billion (current assets of €8.39 Billion minus current liabilities of €43.11 Billion) is measured against net assets of €10.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hannover Rück SE balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hannover Rück SE Working Capital to Net Assets (2013–2022)
This chart shows how Hannover Rück SE's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at -341.6%, reflecting working capital of €-34.72 Billion against net assets of €10.16 Billion EUR. Check how tangible is Hannover Rück SE's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hannover Rück SE (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hannover Rück SE from 2013 to 2022, 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. For live market cap and the full company profile, see Hannover Rück SE market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 8.9% | €780.65 Million | €8.75 Billion | €26.90 Billion | €26.12 Billion | ▼ -9.0 pp |
| 2021 | 17.9% | €2.28 Billion | €12.76 Billion | €24.47 Billion | €22.19 Billion | ▼ -0.8 pp |
| 2020 | 18.7% | €2.21 Billion | €11.84 Billion | €20.54 Billion | €18.33 Billion | ▼ -21.2 pp |
| 2019 | 39.9% | €4.53 Billion | €11.35 Billion | €22.57 Billion | €18.04 Billion | ▼ -19.9 pp |
| 2018 | 59.8% | €5.71 Billion | €9.54 Billion | €21.77 Billion | €16.06 Billion | ▼ -0.8 pp |
| 2017 | 60.6% | €5.63 Billion | €9.29 Billion | €20.25 Billion | €14.62 Billion | ▼ -1.4 pp |
| 2016 | 62.0% | €6.04 Billion | €9.74 Billion | €20.96 Billion | €14.92 Billion | ▲ +123.4 pp |
| 2015 | -61.4% | €-5.39 Billion | €8.78 Billion | €9.29 Billion | €14.67 Billion | ▲ +0.6 pp |
| 2014 | -62.0% | €-5.11 Billion | €8.25 Billion | €7.40 Billion | €12.52 Billion | ▲ +1.3 pp |
| 2013 | -63.3% | €-4.15 Billion | €6.56 Billion | €6.76 Billion | €10.91 Billion | — |