Ming Le Sports AG (ML2) — Working Capital to Net Assets Ratio
Ming Le Sports AG (ML2) has a Working Capital to Net Assets ratio of 102.8% as of December 2024. Working capital of €1.25 Million (current assets of €1.26 Million minus current liabilities of €4.38K) is measured against net assets of €1.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Ming Le Sports AG's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ming Le Sports AG Working Capital to Net Assets (2017–2024)
This chart shows how Ming Le Sports AG's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 102.8%, reflecting working capital of €1.25 Million against net assets of €1.22 Million EUR. Check ML2 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ming Le Sports AG (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ming Le Sports AG from 2017 to 2024, covering 8 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 Ming Le Sports AG market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 102.8% | €1.25 Million | €1.22 Million | €1.26 Million | €4.38K | ▲ +0.6 pp |
| 2023 | 102.2% | €1.46 Million | €1.43 Million | €1.47 Million | €7.24K | ▲ +2.3 pp |
| 2022 | 99.9% | €1.31 Million | €1.31 Million | €1.35 Million | €46.18K | ▼ -0.1 pp |
| 2021 | 99.9% | €1.89 Million | €1.89 Million | €1.93 Million | €34.70K | ▼ -0.1 pp |
| 2020 | 100.0% | €2.11 Million | €2.11 Million | €2.17 Million | €59.04K | ▼ -4.2 pp |
| 2019 | 104.2% | €2.05 Million | €1.97 Million | €2.23 Million | €178.89K | ▼ -8.1 pp |
| 2018 | 112.3% | €2.04 Million | €1.81 Million | €2.15 Million | €118.21K | ▼ -6.2 pp |
| 2017 | 118.5% | €755.13K | €637.36K | €911.57K | €156.44K | — |