KE HOLDINGS SP.ADS/1 CL.A (KE8A) — Working Capital to Net Assets Ratio
KE HOLDINGS SP.ADS/1 CL.A (KE8A) has a Working Capital to Net Assets ratio of 38.6% as of December 2025. Working capital of €25.71 Billion (current assets of €68.12 Billion minus current liabilities of €42.41 Billion) is measured against net assets of €66.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See KE HOLDINGS SP.ADS/1 CL.A (KE8A) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
KE HOLDINGS SP.ADS/1 CL.A Working Capital to Net Assets (2021–2025)
This chart shows how KE HOLDINGS SP.ADS/1 CL.A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 38.6%, reflecting working capital of €25.71 Billion against net assets of €66.53 Billion EUR. Check KE HOLDINGS SP.ADS/1 CL.A tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for KE HOLDINGS SP.ADS/1 CL.A (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for KE HOLDINGS SP.ADS/1 CL.A from 2021 to 2025, covering 5 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 KE8A market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.6% | €25.71 Billion | €66.53 Billion | €68.12 Billion | €42.41 Billion | ▲ +5.3 pp |
| 2024 | 33.4% | €23.86 Billion | €71.45 Billion | €76.60 Billion | €52.74 Billion | ▼ -8.5 pp |
| 2023 | 41.9% | €30.23 Billion | €72.20 Billion | €69.75 Billion | €39.52 Billion | ▼ -11.8 pp |
| 2022 | 53.7% | €37.08 Billion | €69.05 Billion | €70.42 Billion | €33.34 Billion | ▼ -7.4 pp |
| 2021 | 61.1% | €40.99 Billion | €67.06 Billion | €69.93 Billion | €28.94 Billion | — |