Vantage Towers AG (VTWR) — Working Capital to Net Assets Ratio
Vantage Towers AG (VTWR) has a Working Capital to Net Assets ratio of -45.1% as of March 2023. Working capital of €-2.50 Billion (current assets of €599.80 Million minus current liabilities of €3.10 Billion) is measured against net assets of €5.54 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vantage Towers AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vantage Towers AG Working Capital to Net Assets (2021–2023)
This chart shows how Vantage Towers AG's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at -45.1%, reflecting working capital of €-2.50 Billion against net assets of €5.54 Billion EUR. For the complete balance sheet picture, see Vantage Towers AG total assets.
Annual Working Capital to Net Assets for Vantage Towers AG (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vantage Towers AG from 2021 to 2023, covering 3 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. Read Vantage Towers AG (VTWR) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -45.1% | €-2.50 Billion | €5.54 Billion | €599.80 Million | €3.10 Billion | ▼ -43.7 pp |
| 2022 | -1.4% | €-73.50 Million | €5.36 Billion | €660.30 Million | €733.80 Million | ▲ +0.6 pp |
| 2021 | -2.0% | €-105.80 Million | €5.29 Billion | €499.10 Million | €604.90 Million | — |