Paul Hartmann AG (PHH2) — Working Capital to Net Assets Ratio
Paul Hartmann AG (PHH2) has a Working Capital to Net Assets ratio of 50.1% as of December 2025. Working capital of €612.53 Million (current assets of €1.11 Billion minus current liabilities of €501.36 Million) is measured against net assets of €1.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Paul Hartmann AG (PHH2) 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
Paul Hartmann AG Working Capital to Net Assets (2013–2025)
This chart shows how Paul Hartmann AG's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 50.1%, reflecting working capital of €612.53 Million against net assets of €1.22 Billion EUR. See how many days can Paul Hartmann AG fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Paul Hartmann AG (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Paul Hartmann AG from 2013 to 2025, covering 13 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 PHH2 market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.1% | €612.53 Million | €1.22 Billion | €1.11 Billion | €501.36 Million | ▼ -2.5 pp |
| 2024 | 52.6% | €629.18 Million | €1.20 Billion | €1.09 Billion | €465.60 Million | ▲ +3.5 pp |
| 2023 | 49.1% | €548.27 Million | €1.12 Billion | €1.04 Billion | €489.72 Million | ▼ -4.3 pp |
| 2022 | 53.4% | €603.14 Million | €1.13 Billion | €1.11 Billion | €502.52 Million | ▲ +4.6 pp |
| 2021 | 48.8% | €533.33 Million | €1.09 Billion | €989.48 Million | €456.15 Million | ▼ -6.3 pp |
| 2020 | 55.1% | €536.37 Million | €973.33 Million | €996.46 Million | €460.08 Million | ▲ +4.1 pp |
| 2019 | 51.0% | €475.49 Million | €932.40 Million | €860.36 Million | €384.87 Million | ▼ -0.6 pp |
| 2018 | 51.6% | €475.97 Million | €923.15 Million | €853.79 Million | €377.82 Million | ▲ +2.1 pp |
| 2017 | 49.5% | €423.06 Million | €854.84 Million | €791.45 Million | €368.39 Million | ▼ -12.6 pp |
| 2016 | 62.1% | €506.49 Million | €816.21 Million | €814.85 Million | €308.36 Million | ▼ -0.8 pp |
| 2015 | 62.9% | €477.35 Million | €759.10 Million | €768.50 Million | €291.15 Million | ▼ -4.4 pp |
| 2014 | 67.3% | €464.76 Million | €690.37 Million | €745.08 Million | €280.32 Million | ▲ +1.6 pp |
| 2013 | 65.7% | €425.31 Million | €647.04 Million | €709.14 Million | €283.83 Million | — |