Fortum Oyj Working Capital to Net Assets Ratio

Latest as of December 2025: 31.8%

Fortum Oyj 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. Check how tangible is Fortum Oyj's equity to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

31.8%
Working Capital / Net Assets

Working Capital

€2.74 Billion
EUR

Current Assets

€5.03 Billion
EUR

Current Liabilities

€2.29 Billion
EUR

Working Capital to Net Assets Ratio of Fortum Oyj (1998–2025)

Working capital to net assets ratio of Fortum Oyj from 1998 to 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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Fortum Oyj Working Capital to Net Assets Ratio by Year (1998–2025)

Fortum Oyj working capital to net assets ratio by year from 1998 to 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 the complete balance sheet picture, see Fortum Oyj asset portfolio.

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 —
pp = percentage points