SMA SOLAR T. UNSP.ADR/01 (S93) — Working Capital to Net Assets Ratio
SMA SOLAR T. UNSP.ADR/01 (S93) has a Working Capital to Net Assets ratio of 53.2% as of December 2025. Working capital of €194.55 Million (current assets of €814.04 Million minus current liabilities of €619.49 Million) is measured against net assets of €365.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SMA SOLAR T. UNSP.ADR/01 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SMA SOLAR T. UNSP.ADR/01 Working Capital to Net Assets (2021–2025)
This chart shows how SMA SOLAR T. UNSP.ADR/01'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 53.2%, reflecting working capital of €194.55 Million against net assets of €365.54 Million EUR. Check tangible equity quality of SMA SOLAR T. UNSP.ADR/01 to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SMA SOLAR T. UNSP.ADR/01 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SMA SOLAR T. UNSP.ADR/01 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. For live market cap and the full company profile, see how much is SMA SOLAR T. UNSP.ADR/01 worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 53.2% | €194.55 Million | €365.54 Million | €814.04 Million | €619.49 Million | ▼ -12.4 pp |
| 2024 | 65.6% | €363.07 Million | €553.32 Million | €1.06 Billion | €699.39 Million | ▼ -13.3 pp |
| 2023 | 78.9% | €541.34 Million | €686.18 Million | €1.19 Billion | €652.35 Million | ▲ +5.3 pp |
| 2022 | 73.6% | €341.14 Million | €463.52 Million | €723.38 Million | €382.24 Million | ▼ -16.4 pp |
| 2021 | 90.0% | €367.16 Million | €408.02 Million | €719.33 Million | €352.16 Million | — |