SMAIO SA (ALSMA) — Working Capital to Net Assets Ratio

SMAIO SA (ALSMA) has a Working Capital to Net Assets ratio of 127.4% as of December 2025. Working capital of €7.66 Million (current assets of €10.48 Million minus current liabilities of €2.82 Million) is measured against net assets of €6.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can SMAIO SA fund operations to measure how many days the company can operate on defensive assets alone.