Mercedes-Benz Group AG Working Capital to Net Assets Ratio
Mercedes-Benz Group AG working capital to net assets ratio. Mercedes-Benz Group AG (MBG) has a Working Capital to Net Assets ratio of 30.1% as of December 2025. Working capital of €28.36 Billion (current assets of €102.13 Billion minus current liabilities of €73.77 Billion) is measured against net assets of €94.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Mercedes-Benz Group AG (2007–2025)
Working capital to net assets ratio of Mercedes-Benz Group AG from 2007 to 2025. This chart shows how Mercedes-Benz Group AG's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 30.1%, reflecting working capital of €28.36 Billion against net assets of €94.24 Billion EUR. Explore MBG strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Mercedes-Benz Group AG Working Capital to Net Assets Ratio by Year (2007–2025)
Mercedes-Benz Group AG working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Mercedes-Benz Group AG from 2007 to 2025, covering 16 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 balance sheet size of Mercedes-Benz Group AG.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.1% | €28.36 Billion | €94.24 Billion | €102.13 Billion | €73.77 Billion | ▲ +1.3 pp |
| 2024 | 28.8% | €26.94 Billion | €93.63 Billion | €101.77 Billion | €74.83 Billion | ▲ +5.5 pp |
| 2023 | 23.3% | €21.60 Billion | €92.82 Billion | €104.03 Billion | €82.43 Billion | ▲ +6.5 pp |
| 2022 | 16.7% | €14.47 Billion | €86.54 Billion | €102.87 Billion | €88.40 Billion | ▼ -4.1 pp |
| 2021 | 20.8% | €15.25 Billion | €73.17 Billion | €102.93 Billion | €87.67 Billion | ▼ -4.0 pp |
| 2020 | 24.8% | €15.46 Billion | €62.25 Billion | €115.26 Billion | €99.81 Billion | ▼ -10.2 pp |
| 2019 | 35.0% | €22.00 Billion | €62.84 Billion | €127.80 Billion | €105.80 Billion | ▼ -0.8 pp |
| 2018 | 35.8% | €23.66 Billion | €66.05 Billion | €121.61 Billion | €97.95 Billion | ▲ +6.3 pp |
| 2017 | 29.5% | €19.27 Billion | €65.31 Billion | €106.90 Billion | €87.62 Billion | ▼ -0.2 pp |
| 2016 | 29.8% | €17.59 Billion | €59.13 Billion | €102.05 Billion | €84.46 Billion | ▲ +2.7 pp |
| 2015 | 27.0% | €14.77 Billion | €54.62 Billion | €91.85 Billion | €77.08 Billion | ▲ +4.2 pp |
| 2014 | 22.8% | €10.17 Billion | €44.58 Billion | €77.14 Billion | €66.97 Billion | ▼ -3.3 pp |
| 2013 | 26.1% | €11.33 Billion | €43.36 Billion | €70.44 Billion | €59.11 Billion | ▲ +5.0 pp |
| 2009 | 21.2% | €6.74 Billion | €31.83 Billion | €54.28 Billion | €47.54 Billion | ▲ +10.9 pp |
| 2008 | 10.3% | €4.52 Billion | €44.01 Billion | €78.08 Billion | €73.56 Billion | ▼ -24.5 pp |
| 2007 | 34.8% | €19.58 Billion | €56.31 Billion | €91.66 Billion | €72.08 Billion | — |