Acerinox (ACX) — Working Capital to Net Assets Ratio
Acerinox (ACX) has a Working Capital to Net Assets ratio of 71.7% as of December 2025. Working capital of €1.52 Billion (current assets of €3.24 Billion minus current liabilities of €1.71 Billion) is measured against net assets of €2.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ACX equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Acerinox Working Capital to Net Assets (2001–2025)
This chart shows how Acerinox's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2025. As of December 2025, the ratio stands at 71.7%, reflecting working capital of €1.52 Billion against net assets of €2.13 Billion EUR. Check Acerinox tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Acerinox (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Acerinox from 2001 to 2025, covering 24 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 Acerinox market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 71.7% | €1.52 Billion | €2.13 Billion | €3.24 Billion | €1.71 Billion | ▼ -12.8 pp |
| 2024 | 84.5% | €2.18 Billion | €2.58 Billion | €4.05 Billion | €1.88 Billion | ▼ -13.7 pp |
| 2023 | 98.2% | €2.42 Billion | €2.46 Billion | €4.32 Billion | €1.90 Billion | ▲ +1.3 pp |
| 2022 | 96.9% | €2.47 Billion | €2.55 Billion | €4.42 Billion | €1.95 Billion | ▲ +8.9 pp |
| 2021 | 88.0% | €1.95 Billion | €2.21 Billion | €3.92 Billion | €1.97 Billion | ▲ +3.0 pp |
| 2020 | 85.0% | €1.37 Billion | €1.61 Billion | €2.66 Billion | €1.29 Billion | ▲ +20.2 pp |
| 2019 | 64.8% | €1.25 Billion | €1.93 Billion | €2.46 Billion | €1.21 Billion | ▲ +7.6 pp |
| 2018 | 57.2% | €1.21 Billion | €2.12 Billion | €2.47 Billion | €1.26 Billion | ▲ +7.8 pp |
| 2017 | 49.3% | €972.05 Million | €1.97 Billion | €2.26 Billion | €1.28 Billion | ▲ +3.1 pp |
| 2016 | 46.2% | €1.00 Billion | €2.17 Billion | €2.10 Billion | €1.10 Billion | ▲ +11.6 pp |
| 2015 | 34.7% | €701.37 Million | €2.02 Billion | €1.81 Billion | €1.11 Billion | ▼ -12.0 pp |
| 2014 | 46.6% | €865.36 Million | €1.86 Billion | €2.16 Billion | €1.29 Billion | ▲ +24.5 pp |
| 2013 | 22.1% | €343.77 Million | €1.55 Billion | €1.79 Billion | €1.45 Billion | ▼ -11.9 pp |
| 2012 | 34.0% | €582.96 Million | €1.71 Billion | €1.91 Billion | €1.32 Billion | ▲ +1.2 pp |
| 2011 | 32.9% | €618.07 Million | €1.88 Billion | €1.82 Billion | €1.20 Billion | ▼ -2.5 pp |
| 2010 | 35.4% | €680.37 Million | €1.92 Billion | €2.00 Billion | €1.32 Billion | ▲ +4.0 pp |
| 2009 | 31.4% | €550.53 Million | €1.75 Billion | €1.62 Billion | €1.07 Billion | ▼ -22.4 pp |
| 2008 | 53.8% | €1.09 Billion | €2.02 Billion | €1.88 Billion | €793.84 Million | ▼ -7.8 pp |
| 2007 | 61.7% | €1.42 Billion | €2.31 Billion | €2.88 Billion | €1.46 Billion | ▲ +10.1 pp |
| 2006 | 51.6% | €1.18 Billion | €2.28 Billion | €3.26 Billion | €2.08 Billion | ▲ +9.8 pp |
| 2005 | 41.8% | €856.56 Million | €2.05 Billion | €1.94 Billion | €1.09 Billion | ▲ +3.5 pp |
| 2004 | 38.3% | €733.91 Million | €1.92 Billion | €1.99 Billion | €1.25 Billion | ▼ -47.4 pp |
| 2003 | 85.7% | €1.51 Billion | €1.76 Billion | €1.58 Billion | €72.92 Million | ▲ +21.4 pp |
| 2001 | 64.3% | €809.01 Million | €1.26 Billion | €909.58 Million | €100.57 Million | — |