Amer Sports, Inc. (AS) — Working Capital to Net Assets Ratio
Amer Sports, Inc. (AS) has a Working Capital to Net Assets ratio of 18.8% as of December 2025. Working capital of $1.09 Billion (current assets of $3.30 Billion minus current liabilities of $2.21 Billion) is measured against net assets of $5.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AS equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Amer Sports, Inc. Working Capital to Net Assets (2020–2025)
This chart shows how Amer Sports, Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 18.8%, reflecting working capital of $1.09 Billion against net assets of $5.82 Billion USD. Check AS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Amer Sports, Inc. (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Amer Sports, Inc. from 2020 to 2025, covering 6 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 live market cap and the full company profile, see Amer Sports, Inc. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.8% | $1.09 Billion | $5.82 Billion | $3.30 Billion | $2.21 Billion | ▲ +1.9 pp |
| 2024 | 16.9% | $844.90 Million | $5.01 Billion | $2.40 Billion | $1.55 Billion | ▲ +512.9 pp |
| 2023 | -496.0% | $777.80 Million | $-156.80 Million | $2.35 Billion | $1.57 Billion | ▲ +794.0 pp |
| 2022 | -1290.1% | $893.30 Million | $-69.24 Million | $2.17 Billion | $1.28 Billion | ▼ -4118.4 pp |
| 2021 | 2828.3% | $945.10 Million | $33.42 Million | $1.89 Billion | $947.20 Million | ▲ +3479.5 pp |
| 2020 | -651.2% | $995.70 Million | $-152.90 Million | $2.16 Billion | $1.16 Billion | — |