Nokian Renkaat Oyj (TYRES) — Working Capital to Net Assets Ratio

Latest as of June 2025: 37.1%

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 financial agility of Nokian Renkaat Oyj to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

37.1%
Working Capital / Net Assets

Working Capital

€421.70 Million
EUR

Current Assets

€986.60 Million
EUR

Current Liabilities

€564.90 Million
EUR

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. See TYRES days of operational coverage to measure how many days the company can operate on defensive assets alone.

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 —
pp = percentage points