Knorr-Bremse AG (KBX) — Working Capital to Net Assets Ratio
Knorr-Bremse AG (KBX) has a Working Capital to Net Assets ratio of 69.0% as of June 2025. Working capital of €2.05 Billion (current assets of €4.65 Billion minus current liabilities of €2.60 Billion) is measured against net assets of €2.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Knorr-Bremse AG 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
Knorr-Bremse AG Working Capital to Net Assets (2014–2024)
This chart shows how Knorr-Bremse AG's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 69.0%, reflecting working capital of €2.05 Billion against net assets of €2.97 Billion EUR. For the complete balance sheet picture, see Knorr-Bremse AG asset portfolio.
Annual Working Capital to Net Assets for Knorr-Bremse AG (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Knorr-Bremse AG from 2014 to 2024, covering 11 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 financial resilience of Knorr-Bremse AG 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 | 67.3% | €2.10 Billion | €3.13 Billion | €5.42 Billion | €3.31 Billion | ▲ +0.5 pp |
| 2023 | 66.8% | €1.94 Billion | €2.90 Billion | €4.52 Billion | €2.58 Billion | ▲ +2.2 pp |
| 2022 | 64.5% | €1.74 Billion | €2.69 Billion | €4.40 Billion | €2.67 Billion | ▲ +13.4 pp |
| 2021 | 51.1% | €1.24 Billion | €2.43 Billion | €3.94 Billion | €2.70 Billion | ▼ -6.4 pp |
| 2020 | 57.5% | €1.11 Billion | €1.92 Billion | €4.60 Billion | €3.49 Billion | ▼ -32.4 pp |
| 2019 | 90.0% | €1.71 Billion | €1.90 Billion | €4.22 Billion | €2.51 Billion | ▼ -22.1 pp |
| 2018 | 112.0% | €1.80 Billion | €1.61 Billion | €4.17 Billion | €2.37 Billion | ▲ +34.2 pp |
| 2017 | 77.8% | €1.55 Billion | €2.00 Billion | €3.86 Billion | €2.30 Billion | ▲ +2.1 pp |
| 2016 | 75.8% | €1.49 Billion | €1.97 Billion | €3.27 Billion | €1.78 Billion | ▲ +12.2 pp |
| 2015 | 63.6% | €1.10 Billion | €1.74 Billion | €2.86 Billion | €1.76 Billion | ▲ +1.0 pp |
| 2014 | 62.6% | €903.23 Million | €1.44 Billion | €2.54 Billion | €1.64 Billion | — |