TELECOM ITAL.RISP. ADR/10 (TQI1) — Working Capital to Net Assets Ratio
TELECOM ITAL.RISP. ADR/10 (TQI1) has a Working Capital to Net Assets ratio of -7.6% as of December 2025. Working capital of €-1.02 Billion (current assets of €10.50 Billion minus current liabilities of €11.52 Billion) is measured against net assets of €13.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of TELECOM ITAL.RISP. ADR/10 to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TELECOM ITAL.RISP. ADR/10 Working Capital to Net Assets (2021–2025)
This chart shows how TELECOM ITAL.RISP. ADR/10'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 -7.6%, reflecting working capital of €-1.02 Billion against net assets of €13.46 Billion EUR. Check tangible net worth ratio of TELECOM ITAL.RISP. ADR/10 to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TELECOM ITAL.RISP. ADR/10 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TELECOM ITAL.RISP. ADR/10 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 TQI1 market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -7.6% | €-1.02 Billion | €13.46 Billion | €10.50 Billion | €11.52 Billion | ▲ +9.8 pp |
| 2024 | -17.4% | €-2.33 Billion | €13.36 Billion | €9.19 Billion | €11.51 Billion | ▲ +11.9 pp |
| 2023 | -29.3% | €-5.14 Billion | €17.51 Billion | €10.88 Billion | €16.02 Billion | ▼ -8.5 pp |
| 2022 | -20.9% | €-3.91 Billion | €18.73 Billion | €10.23 Billion | €14.14 Billion | ▼ -10.5 pp |
| 2021 | -10.4% | €-2.29 Billion | €22.04 Billion | €14.07 Billion | €16.36 Billion | — |