Alstom S.A. (ALO) — Working Capital to Net Assets Ratio
Alstom S.A. (ALO) has a Working Capital to Net Assets ratio of -5.9% as of September 2025. Working capital of €-578.00 Million (current assets of €18.73 Billion minus current liabilities of €19.31 Billion) is measured against net assets of €9.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ALO FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alstom S.A. Working Capital to Net Assets (1998–2025)
This chart shows how Alstom S.A.'s Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of September 2025, the ratio stands at -5.9%, reflecting working capital of €-578.00 Million against net assets of €9.77 Billion EUR. See Alstom S.A. (ALO) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Alstom S.A. (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alstom S.A. from 1998 to 2025, covering 28 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 market cap of Alstom S.A..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -6.1% | €-640.00 Million | €10.58 Billion | €18.61 Billion | €19.25 Billion | ▲ +23.6 pp |
| 2024 | -29.6% | €-2.60 Billion | €8.78 Billion | €17.01 Billion | €19.61 Billion | ▲ +4.3 pp |
| 2023 | -34.0% | €-3.09 Billion | €9.10 Billion | €14.55 Billion | €17.64 Billion | ▲ +2.1 pp |
| 2022 | -36.1% | €-3.25 Billion | €9.02 Billion | €13.24 Billion | €16.50 Billion | ▲ +7.3 pp |
| 2021 | -43.3% | €-3.95 Billion | €9.12 Billion | €11.50 Billion | €15.45 Billion | ▼ -61.5 pp |
| 2020 | 18.2% | €605.00 Million | €3.33 Billion | €8.38 Billion | €7.78 Billion | ▼ -6.6 pp |
| 2019 | 24.8% | €1.03 Billion | €4.16 Billion | €9.10 Billion | €8.06 Billion | ▼ -26.2 pp |
| 2018 | 51.0% | €1.75 Billion | €3.43 Billion | €9.38 Billion | €7.63 Billion | ▲ +37.6 pp |
| 2017 | 13.4% | €499.00 Million | €3.71 Billion | €8.39 Billion | €7.89 Billion | ▼ -8.7 pp |
| 2016 | 22.1% | €737.00 Million | €3.33 Billion | €7.90 Billion | €7.17 Billion | ▼ -91.8 pp |
| 2015 | 113.9% | €4.81 Billion | €4.22 Billion | €29.88 Billion | €25.07 Billion | ▲ +138.1 pp |
| 2014 | -24.3% | €-1.24 Billion | €5.11 Billion | €17.26 Billion | €18.50 Billion | ▼ -2.2 pp |
| 2013 | -22.1% | €-1.13 Billion | €5.10 Billion | €18.15 Billion | €19.27 Billion | ▲ +14.8 pp |
| 2012 | -36.8% | €-1.63 Billion | €4.43 Billion | €18.24 Billion | €19.88 Billion | ▲ +4.7 pp |
| 2011 | -41.5% | €-1.73 Billion | €4.15 Billion | €17.59 Billion | €19.32 Billion | ▼ -19.4 pp |
| 2010 | -22.2% | €-909.00 Million | €4.10 Billion | €17.08 Billion | €17.99 Billion | ▲ +104.4 pp |
| 2009 | -126.5% | €-3.65 Billion | €2.88 Billion | €15.62 Billion | €19.27 Billion | ▲ +28.5 pp |
| 2008 | -155.0% | €-3.48 Billion | €2.25 Billion | €12.99 Billion | €16.47 Billion | ▼ -42.5 pp |
| 2007 | -112.5% | €-2.55 Billion | €2.27 Billion | €11.11 Billion | €13.67 Billion | ▲ +51.5 pp |
| 2006 | -163.9% | €-3.02 Billion | €1.84 Billion | €9.93 Billion | €12.95 Billion | ▼ -162.0 pp |
| 2005 | -1.9% | €-24.00 Million | €1.26 Billion | €9.34 Billion | €9.37 Billion | ▼ -99.8 pp |
| 2004 | 97.9% | €95.00 Million | €97.00 Million | €9.84 Billion | €9.74 Billion | ▼ -201.6 pp |
| 2003 | 299.5% | €2.40 Billion | €802.00 Million | €15.34 Billion | €12.94 Billion | ▲ +193.8 pp |
| 2002 | 105.7% | €1.95 Billion | €1.84 Billion | €18.01 Billion | €16.06 Billion | ▲ +155.4 pp |
| 2001 | -49.7% | €-1.08 Billion | €2.17 Billion | €20.58 Billion | €21.66 Billion | ▼ -403.2 pp |
| 2000 | 353.5% | €7.12 Billion | €2.01 Billion | €13.31 Billion | €6.19 Billion | ▼ -472.0 pp |
| 1999 | 825.5% | €13.85 Billion | €1.68 Billion | €18.14 Billion | €4.29 Billion | ▲ +648.5 pp |
| 1998 | 177.1% | €10.45 Billion | €5.90 Billion | €14.73 Billion | €4.28 Billion | — |