VOLKSWAGEN ADR 1/10/O.N. (VOWA) — Working Capital to Net Assets Ratio
VOLKSWAGEN ADR 1/10/O.N. (VOWA) has a Working Capital to Net Assets ratio of 10.5% as of December 2025. Working capital of €21.34 Billion (current assets of €247.87 Billion minus current liabilities of €226.53 Billion) is measured against net assets of €203.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VOLKSWAGEN ADR 1/10/O.N. (VOWA) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VOLKSWAGEN ADR 1/10/O.N. Working Capital to Net Assets (2021–2025)
This chart shows how VOLKSWAGEN ADR 1/10/O.N.'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 10.5%, reflecting working capital of €21.34 Billion against net assets of €203.05 Billion EUR. See VOWA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for VOLKSWAGEN ADR 1/10/O.N. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for VOLKSWAGEN ADR 1/10/O.N. 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 market cap of VOLKSWAGEN ADR 1/10/O.N..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.5% | €21.34 Billion | €203.05 Billion | €247.87 Billion | €226.53 Billion | ▼ -3.8 pp |
| 2024 | 14.3% | €28.19 Billion | €196.73 Billion | €245.23 Billion | €217.04 Billion | ▼ -3.4 pp |
| 2023 | 17.8% | €33.61 Billion | €189.19 Billion | €239.64 Billion | €206.04 Billion | ▼ -5.5 pp |
| 2022 | 23.2% | €41.44 Billion | €178.33 Billion | €224.16 Billion | €182.72 Billion | ▼ -1.4 pp |
| 2021 | 24.6% | €35.95 Billion | €146.15 Billion | €200.35 Billion | €164.39 Billion | — |