MILLICOM INTL CELL. DL15 (M4M1) — Working Capital to Net Assets Ratio
MILLICOM INTL CELL. DL15 (M4M1) has a Working Capital to Net Assets ratio of -11.2% as of December 2025. Working capital of €-407.00 Million (current assets of €2.98 Billion minus current liabilities of €3.39 Billion) is measured against net assets of €3.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can MILLICOM INTL CELL. DL15 fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MILLICOM INTL CELL. DL15 Working Capital to Net Assets (2021–2025)
This chart shows how MILLICOM INTL CELL. DL15'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 -11.2%, reflecting working capital of €-407.00 Million against net assets of €3.62 Billion EUR. For the complete balance sheet picture, see how large is MILLICOM INTL CELL. DL15's balance sheet.
Annual Working Capital to Net Assets for MILLICOM INTL CELL. DL15 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MILLICOM INTL CELL. DL15 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. Check MILLICOM INTL CELL. DL15 liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.2% | €-407.00 Million | €3.62 Billion | €2.98 Billion | €3.39 Billion | ▲ +9.3 pp |
| 2024 | -20.6% | €-735.00 Million | €3.57 Billion | €2.38 Billion | €3.12 Billion | ▼ -8.6 pp |
| 2023 | -12.0% | €-413.00 Million | €3.44 Billion | €1.92 Billion | €2.33 Billion | ▼ -10.5 pp |
| 2022 | -1.5% | €-54.00 Million | €3.63 Billion | €2.07 Billion | €2.12 Billion | ▲ +80.0 pp |
| 2021 | -81.5% | €-2.23 Billion | €2.74 Billion | €2.25 Billion | €4.49 Billion | — |