Spineway Working Capital to Net Assets Ratio
Spineway working capital to net assets ratio. Spineway (ALSPW) has a Working Capital to Net Assets ratio of 36.2% as of December 2025. Working capital of €8.36 Million (current assets of €12.79 Million minus current liabilities of €4.43 Million) is measured against net assets of €23.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Spineway tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Spineway (2011–2025)
Working capital to net assets ratio of Spineway from 2011 to 2025. This chart shows how Spineway's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 36.2%, reflecting working capital of €8.36 Million against net assets of €23.06 Million EUR. See ALSPW defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Spineway Working Capital to Net Assets Ratio by Year (2011–2025)
Spineway working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Spineway from 2011 to 2025, covering 15 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 the complete balance sheet picture, see ALSPW total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.2% | €8.36 Million | €23.06 Million | €12.79 Million | €4.43 Million | ▼ -3.6 pp |
| 2024 | 39.9% | €9.66 Million | €24.24 Million | €13.89 Million | €4.23 Million | ▲ +14.4 pp |
| 2023 | 25.5% | €4.86 Million | €19.05 Million | €10.15 Million | €5.30 Million | ▼ -7.7 pp |
| 2022 | 33.2% | €7.31 Million | €22.01 Million | €12.12 Million | €4.82 Million | ▼ -38.7 pp |
| 2021 | 71.9% | €15.01 Million | €20.88 Million | €18.36 Million | €3.35 Million | ▲ +21.4 pp |
| 2020 | 50.6% | €5.07 Million | €10.02 Million | €8.18 Million | €3.11 Million | ▲ +26.4 pp |
| 2019 | 24.1% | €1.57 Million | €6.49 Million | €6.82 Million | €5.25 Million | ▼ -51.8 pp |
| 2018 | 76.0% | €718.00K | €945.00K | €5.87 Million | €5.15 Million | ▼ -110.1 pp |
| 2017 | 186.1% | €3.30 Million | €1.77 Million | €8.37 Million | €5.07 Million | ▼ -159.8 pp |
| 2016 | 345.9% | €4.50 Million | €1.30 Million | €8.17 Million | €3.67 Million | ▲ +244.7 pp |
| 2015 | 101.2% | €3.06 Million | €3.02 Million | €7.53 Million | €4.48 Million | ▼ -1.8 pp |
| 2014 | 103.0% | €4.76 Million | €4.62 Million | €9.74 Million | €4.97 Million | ▲ +13.6 pp |
| 2013 | 89.4% | €4.58 Million | €5.12 Million | €8.04 Million | €3.46 Million | ▼ -85.6 pp |
| 2012 | 175.0% | €2.04 Million | €1.16 Million | €4.23 Million | €2.19 Million | ▼ -4.1 pp |
| 2011 | 179.1% | €1.51 Million | €844.99K | €3.57 Million | €2.05 Million | — |