Nokian Renkaat Oyj Working Capital to Net Assets Ratio
Nokian Renkaat Oyj 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Nokian Renkaat Oyj (2000–2024)
Working capital to net assets ratio of Nokian Renkaat Oyj from 2000 to 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. Explore long-term investment intensity of Nokian Renkaat Oyj to see how much of total assets are deployed in long-term investments.
Nokian Renkaat Oyj Working Capital to Net Assets Ratio by Year (2000–2024)
Nokian Renkaat Oyj working capital to net assets ratio by year from 2000 to 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 the complete balance sheet picture, see Nokian Renkaat Oyj total assets.
| 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 | — |