NEW ORIENTAL EDU.+TECH.G. (N1U0) — Working Capital to Net Assets Ratio
NEW ORIENTAL EDU.+TECH.G. (N1U0) has a Working Capital to Net Assets ratio of 48.6% as of February 2026. Working capital of €2.15 Billion (current assets of €5.43 Billion minus current liabilities of €3.28 Billion) is measured against net assets of €4.42 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NEW ORIENTAL EDU.+TECH.G. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NEW ORIENTAL EDU.+TECH.G. Working Capital to Net Assets (2022–2025)
This chart shows how NEW ORIENTAL EDU.+TECH.G.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of February 2026, the ratio stands at 48.6%, reflecting working capital of €2.15 Billion against net assets of €4.42 Billion EUR. See NEW ORIENTAL EDU.+TECH.G. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for NEW ORIENTAL EDU.+TECH.G. (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NEW ORIENTAL EDU.+TECH.G. from 2022 to 2025, covering 4 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 market cap of NEW ORIENTAL EDU.+TECH.G..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.0% | €1.90 Billion | €3.95 Billion | €5.19 Billion | €3.29 Billion | ▼ -11.0 pp |
| 2024 | 59.0% | €2.39 Billion | €4.05 Billion | €5.39 Billion | €3.00 Billion | ▲ +2.3 pp |
| 2023 | 56.7% | €2.16 Billion | €3.81 Billion | €4.41 Billion | €2.25 Billion | ▼ -16.2 pp |
| 2022 | 72.9% | €2.76 Billion | €3.79 Billion | €4.47 Billion | €1.71 Billion | — |