Siemens Healthineers AG (SHL) — Working Capital to Net Assets Ratio
Siemens Healthineers AG (SHL) has a Working Capital to Net Assets ratio of 2.9% as of December 2025. Working capital of €542.00 Million (current assets of €14.19 Billion minus current liabilities of €13.65 Billion) is measured against net assets of €18.48 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SHL net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Siemens Healthineers AG Working Capital to Net Assets (2017–2024)
This chart shows how Siemens Healthineers AG's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2025, the ratio stands at 2.9%, reflecting working capital of €542.00 Million against net assets of €18.48 Billion EUR. Check Siemens Healthineers AG tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Siemens Healthineers AG (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Siemens Healthineers AG from 2017 to 2024, covering 8 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 Siemens Healthineers AG market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.7% | €2.87 Billion | €18.25 Billion | €14.44 Billion | €11.57 Billion | ▲ +11.9 pp |
| 2023 | 3.8% | €696.00 Million | €18.13 Billion | €14.14 Billion | €13.44 Billion | ▼ -3.0 pp |
| 2022 | 6.8% | €1.35 Billion | €19.85 Billion | €13.38 Billion | €12.02 Billion | ▲ +2.7 pp |
| 2021 | 4.1% | €669.00 Million | €16.34 Billion | €10.78 Billion | €10.11 Billion | ▼ -19.7 pp |
| 2020 | 23.8% | €2.98 Billion | €12.51 Billion | €10.27 Billion | €7.29 Billion | ▲ +1.6 pp |
| 2019 | 22.2% | €2.17 Billion | €9.78 Billion | €7.78 Billion | €5.60 Billion | ▲ +0.4 pp |
| 2018 | 21.9% | €1.90 Billion | €8.68 Billion | €7.20 Billion | €5.30 Billion | ▲ +93.3 pp |
| 2017 | -71.4% | €-2.32 Billion | €3.24 Billion | €7.79 Billion | €10.11 Billion | — |