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

Latest as of December 2025: 127.4%

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 leveraged is SMAIO SA's balance sheet to measure how much of total assets are equity-financed.

WC/NA Ratio

127.4%
Working Capital / Net Assets

Working Capital

€7.66 Million
EUR

Current Assets

€10.48 Million
EUR

Current Liabilities

€2.82 Million
EUR

SMAIO SA Working Capital to Net Assets (2018–2025)

This chart shows how SMAIO SA's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 127.4%, reflecting working capital of €7.66 Million against net assets of €6.01 Million EUR. Check SMAIO SA (ALSMA) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for SMAIO SA (2018–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for SMAIO SA from 2018 to 2025, covering 8 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 SMAIO SA stock valuation.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 127.4% €7.66 Million €6.01 Million €10.48 Million €2.82 Million ▲ +51.1 pp
2024 76.3% €5.22 Million €6.85 Million €8.27 Million €3.05 Million ▼ -19.6 pp
2023 95.9% €10.36 Million €10.80 Million €11.98 Million €1.63 Million ▲ +30.4 pp
2022 65.4% €6.38 Million €9.75 Million €8.50 Million €2.12 Million ▼ -722.8 pp
2021 788.3% €-4.88 Million €-618.89K €3.99 Million €8.87 Million ▼ -101.6 pp
2020 889.9% €-3.90 Million €-437.87K €2.99 Million €6.89 Million ▲ +923.0 pp
2019 -33.1% €-590.67K €1.79 Million €1.46 Million €2.05 Million ▼ -502.1 pp
2018 469.0% €-2.46 Million €-524.71K €884.59K €3.35 Million
pp = percentage points