VEON Ltd Working Capital to Net Assets Ratio
VEON Ltd working capital to net assets ratio. VEON Ltd (VEON) has a Working Capital to Net Assets ratio of -9.7% as of September 2025. Working capital of $-159.00 Million (current assets of $2.88 Billion minus current liabilities of $3.04 Billion) is measured against net assets of $1.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is VEON Ltd's equity 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 VEON Ltd (2007–2024)
Working capital to net assets ratio of VEON Ltd from 2007 to 2024. This chart shows how VEON Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at -9.7%, reflecting working capital of $-159.00 Million against net assets of $1.65 Billion USD. See operational self-sufficiency of VEON Ltd to measure how many days the company can operate on defensive assets alone.
VEON Ltd Working Capital to Net Assets Ratio by Year (2007–2024)
VEON Ltd working capital to net assets ratio by year from 2007 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for VEON Ltd from 2007 to 2024, 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. For the complete balance sheet picture, see VEON Ltd balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -57.8% | $-726.00 Million | $1.26 Billion | $2.90 Billion | $3.63 Billion | ▲ +28.8 pp |
| 2023 | -86.6% | $-664.00 Million | $767.00 Million | $3.98 Billion | $4.64 Billion | ▼ -502.8 pp |
| 2022 | 416.2% | $3.23 Billion | $776.00 Million | $9.81 Billion | $6.58 Billion | ▲ +347.5 pp |
| 2021 | 68.7% | $1.03 Billion | $1.50 Billion | $5.42 Billion | $4.38 Billion | ▲ +222.7 pp |
| 2020 | -154.0% | $-1.56 Billion | $1.01 Billion | $2.85 Billion | $4.41 Billion | ▼ -6.7 pp |
| 2019 | -147.2% | $-3.27 Billion | $2.22 Billion | $2.50 Billion | $5.77 Billion | ▼ -100.4 pp |
| 2018 | -46.9% | $-1.30 Billion | $2.78 Billion | $3.11 Billion | $4.41 Billion | ▼ -40.5 pp |
| 2017 | -6.3% | $-249.00 Million | $3.93 Billion | $4.41 Billion | $4.66 Billion | ▲ +26.4 pp |
| 2016 | -32.7% | $-2.01 Billion | $6.13 Billion | $4.55 Billion | $6.56 Billion | ▼ -17.6 pp |
| 2015 | -15.2% | $-585.00 Million | $3.86 Billion | $20.52 Billion | $21.11 Billion | ▲ +9.7 pp |
| 2014 | -24.8% | $-978.00 Million | $3.94 Billion | $9.59 Billion | $10.56 Billion | ▼ -17.1 pp |
| 2013 | -7.7% | $-876.00 Million | $11.31 Billion | $9.19 Billion | $10.06 Billion | ▲ +7.5 pp |
| 2012 | -15.2% | $-2.34 Billion | $15.37 Billion | $9.54 Billion | $11.88 Billion | ▲ +4.9 pp |
| 2011 | -20.2% | $-3.11 Billion | $15.45 Billion | $7.18 Billion | $10.29 Billion | ▼ -12.3 pp |
| 2010 | -7.8% | $-846.47 Million | $10.81 Billion | $2.33 Billion | $3.17 Billion | ▲ +1.1 pp |
| 2009 | -8.9% | $-447.74 Million | $5.02 Billion | $2.97 Billion | $3.41 Billion | ▲ +21.6 pp |
| 2008 | -30.5% | $-1.41 Billion | $4.61 Billion | $2.41 Billion | $3.81 Billion | ▼ -25.8 pp |
| 2007 | -4.8% | $-272.78 Million | $5.70 Billion | $1.73 Billion | $2.00 Billion | — |