Alvotech (ALVO) — Working Capital to Net Assets Ratio
Alvotech (ALVO) has a Working Capital to Net Assets ratio of -72.4% as of September 2025. Working capital of Ikr127.94 Million (current assets of Ikr432.01 Million minus current liabilities of Ikr304.07 Million) is measured against net assets of Ikr-176.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Alvotech fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alvotech Working Capital to Net Assets (2020–2024)
This chart shows how Alvotech's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at -72.4%, reflecting working capital of Ikr127.94 Million against net assets of Ikr-176.76 Million ISK. For the complete balance sheet picture, see Alvotech balance sheet assets.
Annual Working Capital to Net Assets for Alvotech (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alvotech from 2020 to 2024, covering 5 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. Explore Alvotech (ALVO) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (ISK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -63.4% | Ikr261.62 Million | Ikr-412.77 Million | Ikr455.02 Million | Ikr193.40 Million | ▼ -70.5 pp |
| 2023 | 7.1% | Ikr-66.11 Million | Ikr-932.49 Million | Ikr194.84 Million | Ikr260.95 Million | ▲ +18.3 pp |
| 2022 | -11.2% | Ikr63.44 Million | Ikr-564.42 Million | Ikr230.74 Million | Ikr167.29 Million | ▼ -5.4 pp |
| 2021 | -5.9% | Ikr7.98 Million | Ikr-135.61 Million | Ikr119.82 Million | Ikr111.84 Million | ▼ -1.8 pp |
| 2020 | -4.1% | Ikr35.18 Million | Ikr-867.24 Million | Ikr86.16 Million | Ikr50.98 Million | — |