Galapagos NV ADR (GLPG) — Working Capital to Net Assets Ratio
Galapagos NV ADR (GLPG) has a Working Capital to Net Assets ratio of 91.0% as of March 2026. Working capital of $2.96 Billion (current assets of $3.06 Billion minus current liabilities of $100.42 Million) is measured against net assets of $3.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Galapagos NV ADR to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Galapagos NV ADR Working Capital to Net Assets (2004–2025)
This chart shows how Galapagos NV ADR's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 91.0%, reflecting working capital of $2.96 Billion against net assets of $3.25 Billion USD. For the complete balance sheet picture, see GLPG total asset value.
Annual Working Capital to Net Assets for Galapagos NV ADR (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Galapagos NV ADR from 2004 to 2025, covering 22 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 Galapagos NV ADR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 90.4% | $2.93 Billion | $3.23 Billion | $3.08 Billion | $152.80 Million | ▼ -13.3 pp |
| 2024 | 103.7% | $3.00 Billion | $2.90 Billion | $3.34 Billion | $335.08 Million | ▼ -19.1 pp |
| 2023 | 122.8% | $3.43 Billion | $2.80 Billion | $3.86 Billion | $428.22 Million | ▼ -24.2 pp |
| 2022 | 147.0% | $3.71 Billion | $2.53 Billion | $4.24 Billion | $522.54 Million | ▼ -15.5 pp |
| 2021 | 162.5% | $4.30 Billion | $2.64 Billion | $4.86 Billion | $566.47 Million | ▼ -14.8 pp |
| 2020 | 177.3% | $4.73 Billion | $2.67 Billion | $5.37 Billion | $635.27 Million | ▼ -6.8 pp |
| 2019 | 184.1% | $5.29 Billion | $2.88 Billion | $5.87 Billion | $571.79 Million | ▲ +92.8 pp |
| 2018 | 91.3% | $1.11 Billion | $1.21 Billion | $1.33 Billion | $219.91 Million | ▼ -10.1 pp |
| 2017 | 101.4% | $1.03 Billion | $1.01 Billion | $1.20 Billion | $171.70 Million | ▼ -17.7 pp |
| 2016 | 119.1% | $903.44 Million | $758.70 Million | $1.01 Billion | $103.79 Million | ▲ +36.3 pp |
| 2015 | 82.8% | $302.06 Million | $365.00 Million | $374.47 Million | $72.41 Million | ▲ +8.4 pp |
| 2014 | 74.3% | $153.25 Million | $206.13 Million | $213.60 Million | $60.36 Million | ▲ +38.0 pp |
| 2013 | 36.4% | $60.79 Million | $167.14 Million | $173.35 Million | $112.56 Million | ▲ +16.4 pp |
| 2012 | 20.0% | $23.71 Million | $118.45 Million | $132.73 Million | $109.01 Million | ▼ -5.5 pp |
| 2011 | 25.5% | $30.20 Million | $118.38 Million | $65.56 Million | $35.36 Million | ▼ -22.3 pp |
| 2010 | 47.8% | $71.00 Million | $148.51 Million | $109.22 Million | $38.22 Million | ▼ -1.2 pp |
| 2009 | 49.0% | $53.34 Million | $108.88 Million | $84.69 Million | $31.34 Million | ▲ +13.3 pp |
| 2008 | 35.7% | $30.10 Million | $84.32 Million | $59.85 Million | $29.75 Million | ▼ -2.2 pp |
| 2007 | 37.9% | $37.38 Million | $98.63 Million | $80.74 Million | $43.36 Million | ▼ -8.3 pp |
| 2006 | 46.2% | $50.59 Million | $109.54 Million | $79.86 Million | $29.28 Million | ▲ +9.4 pp |
| 2005 | 36.8% | $22.48 Million | $61.14 Million | $36.55 Million | $14.06 Million | ▼ -49.4 pp |
| 2004 | 86.2% | $8.93 Million | $10.37 Million | $12.54 Million | $3.61 Million | — |