HODL SPAC EUROPE AB (NW1) — Working Capital to Net Assets Ratio

HODL SPAC EUROPE AB (NW1) has a Working Capital to Net Assets ratio of 5.7% as of December 2025. Working capital of €1.82 Million (current assets of €6.96 Million minus current liabilities of €5.14 Million) is measured against net assets of €31.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NW1 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.