ADVANTEST ADR NEW/1 O.N. (VANA) — Working Capital to Net Assets Ratio
ADVANTEST ADR NEW/1 O.N. (VANA) has a Working Capital to Net Assets ratio of 63.6% as of March 2026. Working capital of €506.12 Billion (current assets of €836.41 Billion minus current liabilities of €330.28 Billion) is measured against net assets of €795.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ADVANTEST ADR NEW/1 O.N. (VANA) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ADVANTEST ADR NEW/1 O.N. Working Capital to Net Assets (2022–2026)
This chart shows how ADVANTEST ADR NEW/1 O.N.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2022 to 2026. As of March 2026, the ratio stands at 63.6%, reflecting working capital of €506.12 Billion against net assets of €795.73 Billion EUR. For the complete balance sheet picture, see total assets of ADVANTEST ADR NEW/1 O.N..
Annual Working Capital to Net Assets for ADVANTEST ADR NEW/1 O.N. (2022–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for ADVANTEST ADR NEW/1 O.N. from 2022 to 2026, 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. Read ADVANTEST ADR NEW/1 O.N. (VANA) total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 63.6% | €506.12 Billion | €795.73 Billion | €836.41 Billion | €330.28 Billion | ▲ +6.3 pp |
| 2025 | 57.3% | €290.33 Billion | €506.54 Billion | €599.75 Billion | €309.42 Billion | ▼ -10.9 pp |
| 2024 | 68.2% | €293.98 Billion | €431.18 Billion | €420.26 Billion | €126.28 Billion | ▲ +13.9 pp |
| 2023 | 54.2% | €200.01 Billion | €368.69 Billion | €374.69 Billion | €174.69 Billion | ▲ +2.0 pp |
| 2022 | 52.3% | €154.06 Billion | €294.62 Billion | €304.94 Billion | €150.88 Billion | — |