Fortum Oyj (FORTUM) — Working Capital to Net Assets Ratio
Fortum Oyj (FORTUM) has a Working Capital to Net Assets ratio of 31.8% as of December 2025. Working capital of €2.74 Billion (current assets of €5.03 Billion minus current liabilities of €2.29 Billion) is measured against net assets of €8.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fortum Oyj free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fortum Oyj Working Capital to Net Assets (1998–2025)
This chart shows how Fortum Oyj's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 31.8%, reflecting working capital of €2.74 Billion against net assets of €8.62 Billion EUR. See Fortum Oyj (FORTUM) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Fortum Oyj (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fortum Oyj from 1998 to 2025, covering 28 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 FORTUM market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 31.8% | €2.74 Billion | €8.62 Billion | €5.03 Billion | €2.29 Billion | ▼ -19.0 pp |
| 2024 | 50.8% | €4.65 Billion | €9.15 Billion | €6.53 Billion | €1.88 Billion | ▲ +8.0 pp |
| 2023 | 42.8% | €3.64 Billion | €8.50 Billion | €7.35 Billion | €3.71 Billion | ▲ +31.9 pp |
| 2022 | 11.0% | €848.00 Million | €7.74 Billion | €10.97 Billion | €10.12 Billion | ▲ +10.7 pp |
| 2021 | 0.3% | €36.00 Million | €13.66 Billion | €100.26 Billion | €100.23 Billion | ▼ -10.7 pp |
| 2020 | 11.0% | €1.71 Billion | €15.58 Billion | €22.36 Billion | €20.66 Billion | ▼ -4.0 pp |
| 2019 | 14.9% | €1.98 Billion | €13.23 Billion | €3.79 Billion | €1.82 Billion | ▲ +11.9 pp |
| 2018 | 3.1% | €373.00 Million | €12.08 Billion | €3.35 Billion | €2.97 Billion | ▼ -25.8 pp |
| 2017 | 28.9% | €3.83 Billion | €13.29 Billion | €5.92 Billion | €2.08 Billion | ▼ -9.3 pp |
| 2016 | 38.2% | €5.17 Billion | €13.54 Billion | €7.04 Billion | €1.88 Billion | ▼ -16.4 pp |
| 2015 | 54.6% | €7.57 Billion | €13.86 Billion | €9.61 Billion | €2.04 Billion | ▲ +34.2 pp |
| 2014 | 20.4% | €2.23 Billion | €10.94 Billion | €4.30 Billion | €2.07 Billion | ▲ +18.2 pp |
| 2013 | 2.2% | €237.00 Million | €10.66 Billion | €4.15 Billion | €3.91 Billion | ▲ +0.1 pp |
| 2012 | 2.2% | €235.00 Million | €10.82 Billion | €2.88 Billion | €2.65 Billion | ▼ -1.3 pp |
| 2011 | 3.4% | €350.00 Million | €10.16 Billion | €2.79 Billion | €2.44 Billion | ▲ +13.2 pp |
| 2010 | -9.8% | €-855.00 Million | €8.74 Billion | €2.53 Billion | €3.38 Billion | ▼ -14.7 pp |
| 2009 | 4.9% | €416.00 Million | €8.49 Billion | €2.55 Billion | €2.13 Billion | ▼ -15.0 pp |
| 2008 | 19.9% | €1.67 Billion | €8.41 Billion | €3.76 Billion | €2.09 Billion | ▲ +18.4 pp |
| 2007 | 1.4% | €123.00 Million | €8.65 Billion | €1.89 Billion | €1.76 Billion | ▼ -0.6 pp |
| 2006 | 2.1% | €168.00 Million | €8.16 Billion | €1.74 Billion | €1.57 Billion | ▲ +2.0 pp |
| 2005 | 0.1% | €7.00 Million | €7.41 Billion | €2.06 Billion | €2.05 Billion | ▲ +3.3 pp |
| 2004 | -3.2% | €-248.00 Million | €7.66 Billion | €2.11 Billion | €2.35 Billion | ▲ +1.2 pp |
| 2003 | -4.5% | €-298.00 Million | €6.64 Billion | €2.39 Billion | €2.69 Billion | ▲ +6.6 pp |
| 2002 | -11.1% | €-811.00 Million | €7.33 Billion | €3.12 Billion | €3.93 Billion | ▼ -14.2 pp |
| 2001 | 3.1% | €209.00 Million | €6.75 Billion | €2.97 Billion | €2.76 Billion | ▼ -3.7 pp |
| 2000 | 6.8% | €428.00 Million | €6.30 Billion | €3.12 Billion | €2.69 Billion | ▲ +7.6 pp |
| 1999 | -0.8% | €-38.00 Million | €4.83 Billion | €2.81 Billion | €2.85 Billion | ▼ -1.8 pp |
| 1998 | 1.1% | €44.00 Million | €4.18 Billion | €2.33 Billion | €2.29 Billion | — |