FRIEDR.VORW.GRP. ADR/025 (VH20) — Working Capital to Net Assets Ratio
FRIEDR.VORW.GRP. ADR/025 (VH20) has a Working Capital to Net Assets ratio of 59.6% as of September 2025. Working capital of €152.24 Million (current assets of €276.72 Million minus current liabilities of €124.48 Million) is measured against net assets of €255.65 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VH20 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FRIEDR.VORW.GRP. ADR/025 Working Capital to Net Assets (2021–2024)
This chart shows how FRIEDR.VORW.GRP. ADR/025's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 59.6%, reflecting working capital of €152.24 Million against net assets of €255.65 Million EUR. For the complete balance sheet picture, see VH20 total asset value.
Annual Working Capital to Net Assets for FRIEDR.VORW.GRP. ADR/025 (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for FRIEDR.VORW.GRP. ADR/025 from 2021 to 2024, covering 4 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 FRIEDR.VORW.GRP. ADR/025 debt and 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) |
|---|---|---|---|---|---|---|
| 2024 | 55.1% | €112.87 Million | €205.01 Million | €284.88 Million | €172.01 Million | ▲ +8.5 pp |
| 2023 | 46.5% | €79.85 Million | €171.54 Million | €173.58 Million | €93.73 Million | ▼ -6.7 pp |
| 2022 | 53.2% | €86.86 Million | €163.18 Million | €177.01 Million | €90.15 Million | ▼ -15.5 pp |
| 2021 | 68.8% | €104.85 Million | €152.47 Million | €183.46 Million | €78.61 Million | — |