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 net asset quality index of Vantage Towers AG to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of Vantage Towers AG to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see VTWR stock market capitalisation.
| 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 | — |