Heidelberg Pharma AG (HPHA) — Working Capital to Net Assets Ratio
Heidelberg Pharma AG (HPHA) has a Working Capital to Net Assets ratio of 231.4% as of May 2025. Working capital of €42.85 Million (current assets of €49.21 Million minus current liabilities of €6.36 Million) is measured against net assets of €18.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HPHA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Heidelberg Pharma AG Working Capital to Net Assets (2016–2024)
This chart shows how Heidelberg Pharma AG's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of May 2025, the ratio stands at 231.4%, reflecting working capital of €42.85 Million against net assets of €18.52 Million EUR. For the complete balance sheet picture, see HPHA total asset value.
Annual Working Capital to Net Assets for Heidelberg Pharma AG (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Heidelberg Pharma AG 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. Read HPHA total debt and obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 128.2% | €39.57 Million | €30.87 Million | €47.57 Million | €8.00 Million | ▲ +53.5 pp |
| 2023 | 74.7% | €36.86 Million | €49.34 Million | €56.63 Million | €19.77 Million | ▼ -15.2 pp |
| 2022 | 89.9% | €59.95 Million | €66.64 Million | €87.88 Million | €27.93 Million | ▲ +178.3 pp |
| 2021 | -88.4% | €-5.92 Million | €6.70 Million | €9.01 Million | €14.93 Million | ▼ -95.3 pp |
| 2020 | 6.9% | €893.08K | €12.88 Million | €7.52 Million | €6.63 Million | ▼ -24.6 pp |
| 2019 | 31.5% | €5.13 Million | €16.29 Million | €11.59 Million | €6.46 Million | ▼ -26.4 pp |
| 2018 | 57.9% | €14.98 Million | €25.89 Million | €20.29 Million | €5.31 Million | ▼ -14.4 pp |
| 2017 | 72.3% | €26.75 Million | €37.02 Million | €31.21 Million | €4.46 Million | ▲ +77.3 pp |
| 2016 | -5.0% | €-488.22K | €9.76 Million | €4.99 Million | €5.48 Million | — |