Vodafone Group Plc (VODN) — Working Capital to Net Assets Ratio
Vodafone Group Plc (VODN) has a Working Capital to Net Assets ratio of 6.1% as of March 2026. Working capital of MX$3.30 Billion (current assets of MX$27.29 Billion minus current liabilities of MX$24.00 Billion) is measured against net assets of MX$54.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Vodafone Group Plc fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vodafone Group Plc Working Capital to Net Assets (2013–2026)
This chart shows how Vodafone Group Plc's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 6.1%, reflecting working capital of MX$3.30 Billion against net assets of MX$54.37 Billion MXN. For the complete balance sheet picture, see total assets of Vodafone Group Plc.
Annual Working Capital to Net Assets for Vodafone Group Plc (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vodafone Group Plc from 2013 to 2026, covering 14 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 Vodafone Group Plc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MXN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 6.1% | MX$3.30 Billion | MX$54.37 Billion | MX$27.29 Billion | MX$24.00 Billion | ▼ -4.8 pp |
| 2025 | 10.9% | MX$5.87 Billion | MX$53.92 Billion | MX$28.62 Billion | MX$22.75 Billion | ▼ -4.5 pp |
| 2024 | 15.3% | MX$9.36 Billion | MX$61.00 Billion | MX$39.56 Billion | MX$30.20 Billion | ▲ +21.4 pp |
| 2023 | -6.1% | MX$-3.92 Billion | MX$64.48 Billion | MX$30.66 Billion | MX$34.58 Billion | ▲ +4.6 pp |
| 2022 | -10.7% | MX$-6.07 Billion | MX$56.98 Billion | MX$27.58 Billion | MX$33.65 Billion | ▼ -9.9 pp |
| 2021 | -0.8% | MX$-441.00 Million | MX$57.82 Billion | MX$28.27 Billion | MX$28.71 Billion | ▲ +0.1 pp |
| 2020 | -0.9% | MX$-551.00 Million | MX$62.62 Billion | MX$32.83 Billion | MX$33.38 Billion | ▼ -23.0 pp |
| 2019 | 22.2% | MX$14.06 Billion | MX$63.45 Billion | MX$39.59 Billion | MX$25.52 Billion | ▲ +23.7 pp |
| 2018 | -1.6% | MX$-1.07 Billion | MX$68.61 Billion | MX$37.95 Billion | MX$39.02 Billion | ▼ -2.0 pp |
| 2017 | 0.5% | MX$348.00 Million | MX$73.72 Billion | MX$42.74 Billion | MX$42.39 Billion | ▲ +8.3 pp |
| 2016 | -7.8% | MX$-6.64 Billion | MX$85.14 Billion | MX$35.59 Billion | MX$42.23 Billion | ▲ +5.6 pp |
| 2015 | -13.4% | MX$-9.05 Billion | MX$67.73 Billion | MX$19.85 Billion | MX$28.90 Billion | ▼ -12.9 pp |
| 2014 | -0.4% | MX$-317.00 Million | MX$71.78 Billion | MX$24.72 Billion | MX$25.04 Billion | ▲ +8.8 pp |
| 2013 | -9.3% | MX$-6.72 Billion | MX$72.49 Billion | MX$21.65 Billion | MX$28.37 Billion | — |