S.D. STANDARD ETC DL-03 (S1P) — Working Capital to Net Assets Ratio
S.D. STANDARD ETC DL-03 (S1P) has a Working Capital to Net Assets ratio of 99.9% as of December 2025. Working capital of €118.82 Million (current assets of €120.98 Million minus current liabilities of €2.15 Million) is measured against net assets of €118.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See S.D. STANDARD ETC DL-03 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
S.D. STANDARD ETC DL-03 Working Capital to Net Assets (2021–2025)
This chart shows how S.D. STANDARD ETC DL-03's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 99.9%, reflecting working capital of €118.82 Million against net assets of €118.94 Million EUR. For the complete balance sheet picture, see S1P total asset value.
Annual Working Capital to Net Assets for S.D. STANDARD ETC DL-03 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for S.D. STANDARD ETC DL-03 from 2021 to 2025, covering 5 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. Check asset resilience ratio of S.D. STANDARD ETC DL-03 to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 99.9% | €118.82 Million | €118.94 Million | €120.98 Million | €2.15 Million | ▲ +15.6 pp |
| 2024 | 84.3% | €98.58 Million | €116.89 Million | €99.29 Million | €710.00K | ▲ +41.2 pp |
| 2023 | 43.1% | €61.41 Million | €142.38 Million | €63.93 Million | €2.52 Million | ▲ +6.0 pp |
| 2022 | 37.1% | €51.84 Million | €139.60 Million | €52.07 Million | €234.00K | ▼ -20.2 pp |
| 2021 | 57.3% | €56.91 Million | €99.30 Million | €57.16 Million | €243.00K | — |