ArcelorMittal SA (0RP9) — Working Capital to Net Assets Ratio
ArcelorMittal SA (0RP9) has a Working Capital to Net Assets ratio of 20.7% as of September 2021. Working capital of €9.75 Billion (current assets of €33.18 Billion minus current liabilities of €23.43 Billion) is measured against net assets of €47.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is ArcelorMittal SA's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ArcelorMittal SA Working Capital to Net Assets (2016–2020)
This chart shows how ArcelorMittal SA's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2016 to 2020. As of September 2021, the ratio stands at 20.7%, reflecting working capital of €9.75 Billion against net assets of €47.12 Billion EUR. Check 0RP9 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ArcelorMittal SA (2016–2020)
The table below presents the year-by-year Working Capital to Net Assets ratio for ArcelorMittal SA from 2016 to 2020, 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. For live market cap and the full company profile, see 0RP9 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2020 | 13.9% | €5.31 Billion | €38.28 Billion | €27.97 Billion | €22.67 Billion | ▼ -5.2 pp |
| 2019 | 19.0% | €7.33 Billion | €38.52 Billion | €28.62 Billion | €21.29 Billion | ▼ -2.4 pp |
| 2018 | 21.4% | €9.02 Billion | €42.09 Billion | €32.48 Billion | €23.45 Billion | ▲ +7.7 pp |
| 2017 | 13.8% | €5.33 Billion | €38.79 Billion | €26.75 Billion | €21.41 Billion | ▲ +0.0 pp |
| 2016 | 13.7% | €4.13 Billion | €30.14 Billion | €22.25 Billion | €18.11 Billion | — |