Deutsche Lufthansa AG Working Capital to Net Assets Ratio

Latest as of December 2025: -32.3%

Deutsche Lufthansa AG working capital to net assets ratio. Deutsche Lufthansa AG (LHAB) has a Working Capital to Net Assets ratio of -32.3% as of December 2025. Working capital of €-3.78 Billion (current assets of €16.16 Billion minus current liabilities of €19.94 Billion) is measured against net assets of €11.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Deutsche Lufthansa AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-32.3%
Working Capital / Net Assets

Working Capital

€-3.78 Billion
EUR

Current Assets

€16.16 Billion
EUR

Current Liabilities

€19.94 Billion
EUR

Working Capital to Net Assets Ratio of Deutsche Lufthansa AG (2016–2025)

Working capital to net assets ratio of Deutsche Lufthansa AG from 2016 to 2025. This chart shows how Deutsche Lufthansa AG's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at -32.3%, reflecting working capital of €-3.78 Billion against net assets of €11.71 Billion EUR. See defensive interval ratio of Deutsche Lufthansa AG to measure how many days the company can operate on defensive assets alone.

Deutsche Lufthansa AG Working Capital to Net Assets Ratio by Year (2016–2025)

Deutsche Lufthansa AG working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Deutsche Lufthansa AG from 2016 to 2025, 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 the complete balance sheet picture, see Deutsche Lufthansa AG asset portfolio.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 -32.3% €-3.78 Billion €11.71 Billion €16.16 Billion €19.94 Billion ▼ -4.1 pp
2024 -28.2% €-3.27 Billion €11.59 Billion €16.32 Billion €19.58 Billion ▲ +15.1 pp
2023 -43.3% €-4.20 Billion €9.71 Billion €15.55 Billion €19.75 Billion ▼ -14.3 pp
2022 -28.9% €-2.45 Billion €8.47 Billion €15.26 Billion €17.71 Billion ▼ -2.1 pp
2021 -26.9% €-1.21 Billion €4.49 Billion €13.47 Billion €14.68 Billion ▲ +306.1 pp
2020 -333.0% €-4.62 Billion €1.39 Billion €10.04 Billion €14.66 Billion ▼ -287.2 pp
2019 -45.8% €-4.70 Billion €10.26 Billion €11.29 Billion €15.99 Billion ▲ +12.3 pp
2018 -58.1% €-5.56 Billion €9.57 Billion €10.65 Billion €16.21 Billion ▼ -41.3 pp
2017 -16.8% €-1.61 Billion €9.60 Billion €11.03 Billion €12.64 Billion ▼ -5.3 pp
2016 -11.4% €-816.00 Million €7.15 Billion €10.19 Billion €11.01 Billion —
pp = percentage points