Rheinmetall AG Working Capital to Net Assets Ratio
Rheinmetall AG working capital to net assets ratio. Rheinmetall AG (RHM) has a Working Capital to Net Assets ratio of 32.6% as of December 2025. Working capital of €1.83 Billion (current assets of €10.90 Billion minus current liabilities of €9.07 Billion) is measured against net assets of €5.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Rheinmetall AG (RHM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Rheinmetall AG (2013–2025)
Working capital to net assets ratio of Rheinmetall AG from 2013 to 2025. This chart shows how Rheinmetall 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 32.6%, reflecting working capital of €1.83 Billion against net assets of €5.62 Billion EUR. See how many days can Rheinmetall AG fund operations to measure how many days the company can operate on defensive assets alone.
Rheinmetall AG Working Capital to Net Assets Ratio by Year (2013–2025)
Rheinmetall AG working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Rheinmetall 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 the complete balance sheet picture, see Rheinmetall AG assets under control.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.6% | €1.83 Billion | €5.62 Billion | €10.90 Billion | €9.07 Billion | ▲ +0.1 pp |
| 2024 | 32.5% | €1.45 Billion | €4.46 Billion | €8.23 Billion | €6.78 Billion | ▼ -12.4 pp |
| 2023 | 44.8% | €1.63 Billion | €3.64 Billion | €7.09 Billion | €5.46 Billion | ▼ -5.2 pp |
| 2022 | 50.0% | €1.54 Billion | €3.08 Billion | €5.21 Billion | €3.67 Billion | ▼ -12.6 pp |
| 2021 | 62.6% | €1.64 Billion | €2.62 Billion | €4.98 Billion | €3.34 Billion | ▼ -8.1 pp |
| 2020 | 70.7% | €1.45 Billion | €2.05 Billion | €4.34 Billion | €2.89 Billion | ▲ +7.2 pp |
| 2019 | 63.5% | €1.44 Billion | €2.27 Billion | €4.22 Billion | €2.78 Billion | ▲ +8.2 pp |
| 2018 | 55.3% | €1.20 Billion | €2.17 Billion | €3.81 Billion | €2.61 Billion | ▲ +1.4 pp |
| 2017 | 53.9% | €1.05 Billion | €1.96 Billion | €3.45 Billion | €2.40 Billion | ▲ +17.5 pp |
| 2016 | 36.4% | €648.00 Million | €1.78 Billion | €3.39 Billion | €2.74 Billion | ▼ -30.0 pp |
| 2015 | 66.4% | €1.04 Billion | €1.56 Billion | €3.08 Billion | €2.04 Billion | ▲ +3.6 pp |
| 2014 | 62.8% | €752.00 Million | €1.20 Billion | €2.77 Billion | €2.02 Billion | ▲ +19.7 pp |
| 2013 | 43.2% | €578.00 Million | €1.34 Billion | €2.52 Billion | €1.94 Billion | — |