Fidelity European Values (FEV) — Working Capital to Net Assets Ratio
Fidelity European Values (FEV) has a Working Capital to Net Assets ratio of 2.6% as of December 2025. Working capital of GBX58.30 Million (current assets of GBX59.91 Million minus current liabilities of GBX1.61 Million) is measured against net assets of GBX2.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FEV free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fidelity European Values Working Capital to Net Assets (2003–2025)
This chart shows how Fidelity European Values's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 2.6%, reflecting working capital of GBX58.30 Million against net assets of GBX2.22 Billion GBX. See Fidelity European Values defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Fidelity European Values (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fidelity European Values from 2003 to 2025, covering 23 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 Fidelity European Values (FEV) total market value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.6% | GBX58.30 Million | GBX2.22 Billion | GBX59.91 Million | GBX1.61 Million | ▼ -0.9 pp |
| 2024 | 3.6% | GBX55.77 Million | GBX1.56 Billion | GBX63.04 Million | GBX7.27 Million | ▼ -0.8 pp |
| 2023 | 4.3% | GBX68.60 Million | GBX1.59 Billion | GBX73.52 Million | GBX4.92 Million | ▲ +1.3 pp |
| 2022 | 3.1% | GBX42.19 Million | GBX1.38 Billion | GBX53.01 Million | GBX10.82 Million | ▲ +1.7 pp |
| 2021 | 1.3% | GBX19.26 Million | GBX1.47 Billion | GBX20.32 Million | GBX1.06 Million | ▲ +0.4 pp |
| 2020 | 0.9% | GBX11.53 Million | GBX1.22 Billion | GBX12.88 Million | GBX1.36 Million | ▲ +0.2 pp |
| 2019 | 0.8% | GBX8.93 Million | GBX1.14 Billion | GBX9.84 Million | GBX912.00K | ▲ +0.5 pp |
| 2018 | 0.3% | GBX2.79 Million | GBX955.31 Million | GBX5.65 Million | GBX2.86 Million | ▲ +0.6 pp |
| 2017 | -0.3% | GBX-3.14 Million | GBX1.03 Billion | GBX5.80 Million | GBX8.93 Million | ▼ -0.6 pp |
| 2016 | 0.3% | GBX2.92 Million | GBX876.10 Million | GBX4.79 Million | GBX1.87 Million | ▼ -0.1 pp |
| 2015 | 0.4% | GBX2.97 Million | GBX760.58 Million | GBX4.64 Million | GBX1.68 Million | ▼ 0.0 pp |
| 2014 | 0.4% | GBX3.08 Million | GBX727.48 Million | GBX4.67 Million | GBX1.59 Million | ▼ -2.7 pp |
| 2013 | 3.1% | GBX22.15 Million | GBX711.38 Million | GBX23.79 Million | GBX1.64 Million | ▼ -0.1 pp |
| 2012 | 3.2% | GBX20.13 Million | GBX620.54 Million | GBX22.39 Million | GBX2.26 Million | ▲ +1.6 pp |
| 2011 | 1.7% | GBX8.75 Million | GBX517.62 Million | GBX13.26 Million | GBX4.50 Million | ▲ +1.5 pp |
| 2010 | 0.2% | GBX1.27 Million | GBX660.54 Million | GBX6.08 Million | GBX4.81 Million | ▼ -5.6 pp |
| 2009 | 5.8% | GBX37.45 Million | GBX648.93 Million | GBX48.73 Million | GBX11.28 Million | ▼ -0.9 pp |
| 2008 | 6.7% | GBX43.65 Million | GBX649.98 Million | GBX52.80 Million | GBX9.14 Million | ▼ -6.1 pp |
| 2007 | 12.8% | GBX109.55 Million | GBX854.64 Million | GBX115.78 Million | GBX6.23 Million | ▲ +12.2 pp |
| 2006 | 0.6% | GBX4.57 Million | GBX801.66 Million | GBX8.22 Million | GBX3.65 Million | ▲ +0.4 pp |
| 2005 | 0.2% | GBX1.38 Million | GBX688.61 Million | GBX4.97 Million | GBX3.60 Million | ▼ -0.4 pp |
| 2004 | 0.6% | GBX3.52 Million | GBX576.24 Million | GBX6.14 Million | GBX2.62 Million | ▲ +0.3 pp |
| 2003 | 0.3% | GBX1.31 Million | GBX470.81 Million | GBX8.48 Million | GBX7.17 Million | — |