Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) — Working Capital to Net Assets Ratio
Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) has a Working Capital to Net Assets ratio of 64.0% as of December 2025. Working capital of €632.14 Million (current assets of €4.12 Billion minus current liabilities of €3.49 Billion) is measured against net assets of €987.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CAF days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Construcciones y Auxiliar de Ferrocarriles S.A. Working Capital to Net Assets (2008–2025)
This chart shows how Construcciones y Auxiliar de Ferrocarriles S.A.'s Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 64.0%, reflecting working capital of €632.14 Million against net assets of €987.76 Million EUR. For the complete balance sheet picture, see CAF total asset value.
Annual Working Capital to Net Assets for Construcciones y Auxiliar de Ferrocarriles S.A. (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Construcciones y Auxiliar de Ferrocarriles S.A. from 2008 to 2025, covering 18 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. Check CAF asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 64.0% | €632.14 Million | €987.76 Million | €4.12 Billion | €3.49 Billion | ▲ +13.3 pp |
| 2024 | 50.7% | €454.31 Million | €896.25 Million | €3.77 Billion | €3.32 Billion | ▲ +12.1 pp |
| 2023 | 38.6% | €335.37 Million | €868.18 Million | €3.50 Billion | €3.16 Billion | ▼ -2.4 pp |
| 2022 | 41.1% | €323.76 Million | €788.33 Million | €3.37 Billion | €3.05 Billion | ▼ -25.2 pp |
| 2021 | 66.3% | €490.97 Million | €740.46 Million | €2.92 Billion | €2.43 Billion | ▼ -9.7 pp |
| 2020 | 76.0% | €489.33 Million | €644.20 Million | €2.72 Billion | €2.23 Billion | ▲ +8.7 pp |
| 2019 | 67.3% | €501.61 Million | €745.37 Million | €2.78 Billion | €2.28 Billion | ▲ +6.8 pp |
| 2018 | 60.5% | €458.32 Million | €757.27 Million | €2.62 Billion | €2.16 Billion | ▼ -20.6 pp |
| 2017 | 81.1% | €616.41 Million | €760.20 Million | €2.06 Billion | €1.44 Billion | ▲ +2.7 pp |
| 2016 | 78.4% | €614.45 Million | €783.68 Million | €2.12 Billion | €1.51 Billion | ▼ -7.4 pp |
| 2015 | 85.8% | €613.52 Million | €714.93 Million | €1.81 Billion | €1.20 Billion | ▲ +8.7 pp |
| 2014 | 77.1% | €577.59 Million | €748.91 Million | €1.81 Billion | €1.23 Billion | ▲ +32.0 pp |
| 2013 | 45.1% | €328.86 Million | €729.36 Million | €1.65 Billion | €1.32 Billion | ▲ +23.8 pp |
| 2012 | 21.3% | €150.82 Million | €707.60 Million | €1.45 Billion | €1.30 Billion | ▼ -13.2 pp |
| 2011 | 34.5% | €230.27 Million | €667.26 Million | €1.52 Billion | €1.29 Billion | ▼ -8.0 pp |
| 2010 | 42.6% | €243.97 Million | €573.28 Million | €1.52 Billion | €1.28 Billion | ▲ +6.8 pp |
| 2009 | 35.8% | €168.99 Million | €472.44 Million | €1.75 Billion | €1.58 Billion | ▲ +8.2 pp |
| 2008 | 27.6% | €104.15 Million | €377.33 Million | €1.39 Billion | €1.28 Billion | — |