Sonae SGPS SA (SON) — Working Capital to Net Assets Ratio
Sonae SGPS SA (SON) has a Working Capital to Net Assets ratio of -21.4% as of September 2025. Working capital of €-823.89 Million (current assets of €2.31 Billion minus current liabilities of €3.14 Billion) is measured against net assets of €3.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Sonae SGPS SA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sonae SGPS SA Working Capital to Net Assets (2015–2024)
This chart shows how Sonae SGPS SA's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at -21.4%, reflecting working capital of €-823.89 Million against net assets of €3.84 Billion EUR. See defensive interval ratio of Sonae SGPS SA to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sonae SGPS SA (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sonae SGPS SA from 2015 to 2024, covering 10 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 Sonae SGPS SA market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -21.0% | €-787.20 Million | €3.74 Billion | €2.54 Billion | €3.32 Billion | ▼ -6.8 pp |
| 2023 | -14.2% | €-492.13 Million | €3.46 Billion | €2.01 Billion | €2.50 Billion | ▲ +1.7 pp |
| 2022 | -15.9% | €-527.00 Million | €3.32 Billion | €1.94 Billion | €2.46 Billion | ▼ -0.3 pp |
| 2021 | -15.5% | €-489.07 Million | €3.15 Billion | €1.90 Billion | €2.39 Billion | ▲ +4.3 pp |
| 2020 | -19.8% | €-484.25 Million | €2.44 Billion | €1.82 Billion | €2.31 Billion | ▼ -24.4 pp |
| 2019 | 4.6% | €142.98 Million | €3.11 Billion | €2.80 Billion | €2.65 Billion | ▲ +27.9 pp |
| 2018 | -23.3% | €-766.70 Million | €3.29 Billion | €1.77 Billion | €2.53 Billion | ▲ +7.7 pp |
| 2017 | -31.0% | €-662.65 Million | €2.14 Billion | €1.42 Billion | €2.08 Billion | ▲ +1.3 pp |
| 2016 | -32.4% | €-668.21 Million | €2.06 Billion | €1.41 Billion | €2.08 Billion | ▼ -2.5 pp |
| 2015 | -29.9% | €-536.67 Million | €1.79 Billion | €1.47 Billion | €2.01 Billion | — |