Audax Renovables S.A. Working Capital to Net Assets Ratio
Audax Renovables S.A. working capital to net assets ratio. Audax Renovables S.A. (ADX) has a Working Capital to Net Assets ratio of 22.7% as of March 2026. Working capital of €54.00 Million (current assets of €703.09 Million minus current liabilities of €649.09 Million) is measured against net assets of €238.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Audax Renovables S.A. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Audax Renovables S.A. (2003–2025)
Working capital to net assets ratio of Audax Renovables S.A. from 2003 to 2025. This chart shows how Audax Renovables S.A.'s Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 22.7%, reflecting working capital of €54.00 Million against net assets of €238.31 Million EUR. See ADX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Audax Renovables S.A. Working Capital to Net Assets Ratio by Year (2003–2025)
Audax Renovables S.A. working capital to net assets ratio by year from 2003 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Audax Renovables S.A. 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 the complete balance sheet picture, see ADX total asset value.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.3% | €30.10 Million | €226.93 Million | €668.52 Million | €638.43 Million | ▼ -36.9 pp |
| 2024 | 50.1% | €112.27 Million | €223.94 Million | €746.13 Million | €633.86 Million | ▼ -40.4 pp |
| 2023 | 90.6% | €156.91 Million | €173.25 Million | €705.79 Million | €548.88 Million | ▼ -45.1 pp |
| 2022 | 135.7% | €184.25 Million | €135.77 Million | €720.04 Million | €535.79 Million | ▲ +2.0 pp |
| 2021 | 133.7% | €199.08 Million | €148.92 Million | €762.63 Million | €563.55 Million | ▼ -38.6 pp |
| 2020 | 172.3% | €260.21 Million | €151.04 Million | €720.25 Million | €460.04 Million | ▲ +174.6 pp |
| 2019 | -2.4% | €-3.68 Million | €155.71 Million | €364.08 Million | €367.76 Million | ▲ +31.1 pp |
| 2018 | -33.4% | €-51.53 Million | €154.18 Million | €304.42 Million | €355.95 Million | ▼ -39.4 pp |
| 2017 | 6.0% | €4.85 Million | €80.86 Million | €31.33 Million | €26.47 Million | ▲ +9.4 pp |
| 2016 | -3.4% | €-2.40 Million | €71.16 Million | €25.31 Million | €27.71 Million | ▼ -8.7 pp |
| 2015 | 5.3% | €5.49 Million | €102.72 Million | €27.56 Million | €22.08 Million | ▲ +9.5 pp |
| 2014 | -4.2% | €-5.65 Million | €135.81 Million | €33.33 Million | €38.97 Million | ▼ -10.6 pp |
| 2013 | 6.5% | €8.57 Million | €132.60 Million | €30.93 Million | €22.35 Million | ▼ -15.6 pp |
| 2012 | 22.0% | €29.61 Million | €134.35 Million | €100.44 Million | €70.84 Million | ▲ +26.0 pp |
| 2011 | -4.0% | €-8.38 Million | €211.16 Million | €44.30 Million | €52.67 Million | ▼ -0.9 pp |
| 2010 | -3.1% | €-10.58 Million | €342.07 Million | €30.91 Million | €41.48 Million | ▲ +6.8 pp |
| 2009 | -9.9% | €-37.70 Million | €380.53 Million | €32.82 Million | €70.52 Million | ▼ -7.6 pp |
| 2008 | -2.3% | €-8.66 Million | €381.27 Million | €41.31 Million | €49.98 Million | ▼ -36.2 pp |
| 2007 | 33.9% | €65.25 Million | €192.36 Million | €74.67 Million | €9.42 Million | ▲ +58.2 pp |
| 2006 | -24.3% | €-10.76 Million | €44.34 Million | €394.00K | €11.16 Million | ▼ -17.4 pp |
| 2005 | -6.9% | €-2.81 Million | €40.69 Million | €614.00K | €3.43 Million | ▼ -30.6 pp |
| 2004 | 23.7% | €608.55 Million | €2.57 Billion | €1.06 Billion | €454.65 Million | ▲ +0.0 pp |
| 2003 | 23.7% | €6.24 Million | €26.37 Million | €12.39 Million | €6.15 Million | — |