Cellnex Telecom SA Working Capital to Net Assets Ratio
Cellnex Telecom SA working capital to net assets ratio. Cellnex Telecom SA (CLNX) has a Working Capital to Net Assets ratio of -14.0% as of June 2026. Working capital of €-1.80 Billion (current assets of €2.99 Billion minus current liabilities of €4.80 Billion) is measured against net assets of €12.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Cellnex Telecom SA (2011–2025)
Working capital to net assets ratio of Cellnex Telecom SA from 2011 to 2025. This chart shows how Cellnex Telecom SA's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at -14.0%, reflecting working capital of €-1.80 Billion against net assets of €12.89 Billion EUR. Explore Cellnex Telecom SA long-term investment allocation to see how much of total assets are deployed in long-term investments.
Cellnex Telecom SA Working Capital to Net Assets Ratio by Year (2011–2025)
Cellnex Telecom SA working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Cellnex Telecom SA from 2011 to 2025, covering 15 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 Cellnex Telecom SA balance sheet assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -18.3% | €-2.44 Billion | €13.32 Billion | €2.50 Billion | €4.94 Billion | ▼ -8.1 pp |
| 2024 | -10.2% | €-1.56 Billion | €15.32 Billion | €2.24 Billion | €3.80 Billion | ▼ -5.2 pp |
| 2023 | -5.0% | €-756.76 Million | €15.15 Billion | €2.48 Billion | €3.24 Billion | ▼ -4.6 pp |
| 2022 | -0.4% | €-63.36 Million | €15.19 Billion | €2.22 Billion | €2.28 Billion | ▼ -15.3 pp |
| 2021 | 14.9% | €2.36 Billion | €15.84 Billion | €5.09 Billion | €2.72 Billion | ▼ -30.9 pp |
| 2020 | 45.8% | €4.09 Billion | €8.93 Billion | €5.16 Billion | €1.07 Billion | ▲ +5.0 pp |
| 2019 | 40.8% | €2.06 Billion | €5.05 Billion | €2.72 Billion | €660.92 Million | ▲ +17.4 pp |
| 2018 | 23.4% | €144.08 Million | €615.37 Million | €653.89 Million | €509.81 Million | ▼ -6.4 pp |
| 2017 | 29.9% | €192.58 Million | €644.91 Million | €523.53 Million | €330.95 Million | ▲ +0.8 pp |
| 2016 | 29.0% | €160.01 Million | €551.20 Million | €350.95 Million | €190.94 Million | ▲ +25.2 pp |
| 2015 | 3.8% | €20.56 Million | €537.22 Million | €219.48 Million | €198.92 Million | ▼ -7.7 pp |
| 2014 | 11.5% | €57.58 Million | €501.39 Million | €281.88 Million | €224.30 Million | ▲ +5.2 pp |
| 2013 | 6.3% | €30.59 Million | €487.48 Million | €171.52 Million | €140.93 Million | ▼ -10.2 pp |
| 2012 | 16.5% | €67.36 Million | €408.40 Million | €166.27 Million | €98.91 Million | ▼ -3.1 pp |
| 2011 | 19.6% | €74.34 Million | €378.59 Million | €170.79 Million | €96.45 Million | — |