Viking Holdings Ltd (VIK) — Working Capital to Net Assets Ratio
Viking Holdings Ltd (VIK) has a Working Capital to Net Assets ratio of -108.3% as of December 2025. Working capital of $-1.21 Billion (current assets of $4.50 Billion minus current liabilities of $5.72 Billion) is measured against net assets of $1.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Viking Holdings Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Viking Holdings Ltd Working Capital to Net Assets (2021–2025)
This chart shows how Viking Holdings Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at -108.3%, reflecting working capital of $-1.21 Billion against net assets of $1.12 Billion USD. For the complete balance sheet picture, see total assets of Viking Holdings Ltd.
Annual Working Capital to Net Assets for Viking Holdings Ltd (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Viking Holdings Ltd from 2021 to 2025, covering 5 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 Viking Holdings Ltd (VIK) liquid assets 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 | -108.3% | $-1.21 Billion | $1.12 Billion | $4.50 Billion | $5.72 Billion | ▼ -1023.5 pp |
| 2024 | 915.2% | $-2.00 Billion | $-218.98 Million | $3.22 Billion | $5.22 Billion | ▲ +877.6 pp |
| 2023 | 37.6% | $-2.01 Billion | $-5.35 Billion | $2.35 Billion | $4.36 Billion | ▼ -17.8 pp |
| 2022 | 55.4% | $-1.94 Billion | $-3.49 Billion | $2.16 Billion | $4.10 Billion | ▲ +26.3 pp |
| 2021 | 29.1% | $-1.13 Billion | $-3.88 Billion | $2.91 Billion | $4.04 Billion | — |