Safe Orthopaedics SA (ALSAF) — Working Capital to Net Assets Ratio
Safe Orthopaedics SA (ALSAF) has a Working Capital to Net Assets ratio of 114.6% as of December 2025. Working capital of €-12.23 Million (current assets of €8.41 Million minus current liabilities of €20.64 Million) is measured against net assets of €-10.68 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Safe Orthopaedics SA (ALSAF) total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Safe Orthopaedics SA Working Capital to Net Assets (2012–2025)
This chart shows how Safe Orthopaedics SA's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 114.6%, reflecting working capital of €-12.23 Million against net assets of €-10.68 Million EUR. Explore Safe Orthopaedics SA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for Safe Orthopaedics SA (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Safe Orthopaedics SA from 2012 to 2025, covering 14 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. Read debt load of Safe Orthopaedics SA for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 114.6% | €-12.23 Million | €-10.68 Million | €8.41 Million | €20.64 Million | ▼ -15.6 pp |
| 2024 | 130.2% | €-10.96 Million | €-8.42 Million | €7.00 Million | €17.96 Million | ▼ -1.7 pp |
| 2023 | 131.8% | €-266.78 Million | €-202.35 Million | €8.46 Million | €275.24 Million | ▼ -117.7 pp |
| 2022 | 249.6% | €-3.19 Million | €-1.28 Million | €9.26 Million | €12.45 Million | ▲ +450.3 pp |
| 2021 | -200.8% | €-799.00K | €398.00K | €8.24 Million | €9.04 Million | ▼ -1285.1 pp |
| 2020 | 1084.4% | €2.57 Million | €237.00K | €8.40 Million | €5.83 Million | ▲ +1073.0 pp |
| 2019 | 11.4% | €-488.00K | €-4.28 Million | €3.63 Million | €4.12 Million | ▼ -421.8 pp |
| 2018 | 433.2% | €5.17 Million | €1.19 Million | €7.83 Million | €2.67 Million | ▼ -68.5 pp |
| 2017 | 501.7% | €5.31 Million | €1.06 Million | €7.37 Million | €2.06 Million | ▼ -941.6 pp |
| 2016 | 1443.3% | €5.30 Million | €367.00K | €7.01 Million | €1.71 Million | ▲ +1304.0 pp |
| 2015 | 139.3% | €7.09 Million | €5.09 Million | €9.09 Million | €2.00 Million | ▲ +54.4 pp |
| 2014 | 84.9% | €2.09 Million | €2.46 Million | €3.99 Million | €1.90 Million | ▼ -72.8 pp |
| 2013 | 157.7% | €-306.00K | €-194.00K | €3.23 Million | €3.53 Million | ▲ +0.9 pp |
| 2012 | 156.8% | €1.83 Million | €1.17 Million | €2.68 Million | €845.00K | — |