Nokian Renkaat Oyj (TYRES) — Working Capital to Net Assets Ratio
Nokian Renkaat Oyj (TYRES) has a Working Capital to Net Assets ratio of 37.1% as of June 2025. Working capital of €421.70 Million (current assets of €986.60 Million minus current liabilities of €564.90 Million) is measured against net assets of €1.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TYRES net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nokian Renkaat Oyj Working Capital to Net Assets (2000–2024)
This chart shows how Nokian Renkaat Oyj's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of June 2025, the ratio stands at 37.1%, reflecting working capital of €421.70 Million against net assets of €1.14 Billion EUR. Check TYRES intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nokian Renkaat Oyj (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nokian Renkaat Oyj from 2000 to 2024, covering 25 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 TYRES market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 44.1% | €560.80 Million | €1.27 Billion | €965.30 Million | €404.50 Million | ▼ -8.8 pp |
| 2023 | 52.8% | €712.20 Million | €1.35 Billion | €1.17 Billion | €454.90 Million | ▲ +8.6 pp |
| 2022 | 44.2% | €634.00 Million | €1.43 Billion | €1.19 Billion | €557.20 Million | ▼ -3.1 pp |
| 2021 | 47.4% | €771.10 Million | €1.63 Billion | €1.24 Billion | €470.30 Million | ▲ +1.2 pp |
| 2020 | 46.2% | €702.20 Million | €1.52 Billion | €1.23 Billion | €524.50 Million | ▼ -3.8 pp |
| 2019 | 50.0% | €884.10 Million | €1.77 Billion | €1.18 Billion | €296.40 Million | ▼ -0.1 pp |
| 2018 | 50.0% | €743.60 Million | €1.49 Billion | €1.31 Billion | €567.40 Million | ▼ -14.1 pp |
| 2017 | 64.1% | €941.80 Million | €1.47 Billion | €1.19 Billion | €243.60 Million | ▼ -1.5 pp |
| 2016 | 65.7% | €957.70 Million | €1.46 Billion | €1.29 Billion | €328.50 Million | ▼ -4.4 pp |
| 2015 | 70.0% | €869.50 Million | €1.24 Billion | €1.15 Billion | €285.10 Million | ▼ -4.4 pp |
| 2014 | 74.4% | €899.60 Million | €1.21 Billion | €1.18 Billion | €282.00 Million | ▲ +15.6 pp |
| 2013 | 58.8% | €819.40 Million | €1.39 Billion | €1.26 Billion | €444.70 Million | ▼ -9.9 pp |
| 2012 | 68.8% | €988.10 Million | €1.44 Billion | €1.21 Billion | €220.80 Million | ▲ +4.9 pp |
| 2011 | 63.8% | €757.00 Million | €1.19 Billion | €1.21 Billion | €448.50 Million | ▲ +2.2 pp |
| 2010 | 61.6% | €577.30 Million | €937.20 Million | €766.30 Million | €189.00 Million | ▲ +5.7 pp |
| 2009 | 55.9% | €423.70 Million | €757.60 Million | €601.20 Million | €177.50 Million | ▼ -21.0 pp |
| 2008 | 76.9% | €597.70 Million | €777.30 Million | €815.50 Million | €217.80 Million | ▲ +9.1 pp |
| 2007 | 67.7% | €482.90 Million | €712.80 Million | €644.30 Million | €161.40 Million | ▲ +20.9 pp |
| 2006 | 46.9% | €260.90 Million | €556.60 Million | €456.10 Million | €195.20 Million | ▼ -10.7 pp |
| 2005 | 57.5% | €271.20 Million | €471.40 Million | €419.90 Million | €148.70 Million | ▲ +12.7 pp |
| 2004 | 44.8% | €120.20 Million | €268.30 Million | €275.00 Million | €154.80 Million | ▼ -30.5 pp |
| 2003 | 75.3% | €186.11 Million | €247.20 Million | €222.93 Million | €36.82 Million | ▲ +36.8 pp |
| 2002 | 38.5% | €81.45 Million | €211.38 Million | €201.55 Million | €120.09 Million | ▼ -6.8 pp |
| 2001 | 45.3% | €83.83 Million | €185.03 Million | €201.14 Million | €117.31 Million | ▲ +10.1 pp |
| 2000 | 35.2% | €58.91 Million | €167.30 Million | €211.79 Million | €152.88 Million | — |