Steppe Cement (ST9) — Working Capital to Net Assets Ratio
Steppe Cement (ST9) has a Working Capital to Net Assets ratio of 32.8% as of June 2025. Working capital of €18.61 Million (current assets of €35.17 Million minus current liabilities of €16.56 Million) is measured against net assets of €56.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ST9 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steppe Cement Working Capital to Net Assets (2013–2024)
This chart shows how Steppe Cement's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 32.8%, reflecting working capital of €18.61 Million against net assets of €56.73 Million EUR. For the complete balance sheet picture, see ST9 asset base.
Annual Working Capital to Net Assets for Steppe Cement (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steppe Cement from 2013 to 2024, covering 12 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. Read ST9 liabilities breakdown for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 29.6% | €16.88 Million | €57.05 Million | €32.48 Million | €15.61 Million | ▼ -10.7 pp |
| 2023 | 40.3% | €28.49 Million | €70.70 Million | €45.05 Million | €16.57 Million | ▲ +3.2 pp |
| 2022 | 37.1% | €24.11 Million | €65.08 Million | €37.10 Million | €12.98 Million | ▲ +1.5 pp |
| 2021 | 35.6% | €23.32 Million | €65.58 Million | €36.32 Million | €12.99 Million | ▲ +10.8 pp |
| 2020 | 24.8% | €14.35 Million | €57.94 Million | €27.03 Million | €12.68 Million | ▲ +4.3 pp |
| 2019 | 20.4% | €12.84 Million | €62.88 Million | €29.70 Million | €16.86 Million | ▲ +4.0 pp |
| 2018 | 16.4% | €9.17 Million | €55.96 Million | €25.09 Million | €15.92 Million | ▲ +12.2 pp |
| 2017 | 4.1% | €2.46 Million | €59.52 Million | €22.77 Million | €20.30 Million | ▲ +2.0 pp |
| 2016 | 2.1% | €1.25 Million | €58.04 Million | €21.94 Million | €20.69 Million | ▲ +9.0 pp |
| 2015 | -6.9% | €-3.90 Million | €56.73 Million | €20.00 Million | €23.89 Million | ▼ -4.1 pp |
| 2014 | -2.7% | €-3.23 Million | €117.69 Million | €39.08 Million | €42.31 Million | ▼ -6.7 pp |
| 2013 | 3.9% | €6.08 Million | €154.63 Million | €36.16 Million | €30.08 Million | — |