Bourse Direct SA (BSD) — Working Capital to Net Assets Ratio
Bourse Direct SA (BSD) has a Working Capital to Net Assets ratio of 1553.9% as of June 2026. Working capital of €1.37 Billion (current assets of €1.43 Billion minus current liabilities of €66.27 Million) is measured against net assets of €87.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see BSD asset base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bourse Direct SA Working Capital to Net Assets (2006–2025)
This chart shows how Bourse Direct SA's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2025. As of June 2026, the ratio stands at 1553.9%, reflecting working capital of €1.37 Billion against net assets of €87.84 Million EUR. Explore BSD capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Bourse Direct SA (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bourse Direct SA from 2006 to 2025, covering 18 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. Explore BSD strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1433.6% | €1.27 Billion | €88.74 Million | €1.32 Billion | €51.09 Million | ▲ +2699.8 pp |
| 2024 | -1266.2% | €-1.02 Billion | €80.51 Million | €-1.00 | €1.02 Billion | ▲ +101.0 pp |
| 2023 | -1367.2% | €-955.70 Million | €69.90 Million | €178.64 Million | €1.13 Billion | ▼ -1708.9 pp |
| 2022 | 341.7% | €233.64 Million | €68.38 Million | €239.94 Million | €6.29 Million | ▼ -164.2 pp |
| 2021 | 506.0% | €338.85 Million | €66.97 Million | €345.44 Million | €6.59 Million | ▲ +206.5 pp |
| 2020 | 299.4% | €193.02 Million | €64.46 Million | €201.75 Million | €8.73 Million | ▲ +48.9 pp |
| 2019 | 250.5% | €154.36 Million | €61.61 Million | €158.32 Million | €3.95 Million | ▲ +167.5 pp |
| 2018 | 83.0% | €670.30 Million | €807.32 Million | €674.08 Million | €3.78 Million | ▼ -1029.8 pp |
| 2017 | 1112.9% | €668.41 Million | €60.06 Million | €673.09 Million | €4.68 Million | ▼ -73.3 pp |
| 2016 | 1186.2% | €680.09 Million | €57.34 Million | €680.75 Million | €656.22K | ▲ +150.0 pp |
| 2015 | 1036.1% | €570.09 Million | €55.02 Million | €571.34 Million | €1.25 Million | ▲ +779.7 pp |
| 2014 | 256.4% | €133.53 Million | €52.08 Million | €134.27 Million | €737.29K | ▼ -641.6 pp |
| 2013 | 898.0% | €438.75 Million | €48.86 Million | €440.83 Million | €2.08 Million | ▲ +101.0 pp |
| 2012 | 796.9% | €362.11 Million | €45.44 Million | €363.41 Million | €1.30 Million | ▲ +194.9 pp |
| 2011 | 602.0% | €268.26 Million | €44.56 Million | €268.90 Million | €636.60K | ▲ +544.3 pp |
| 2008 | 57.8% | €24.25 Million | €41.98 Million | €187.68 Million | €163.43 Million | ▲ +112.3 pp |
| 2007 | -54.5% | €-20.25 Million | €37.13 Million | €156.38 Million | €176.62 Million | ▲ +129.5 pp |
| 2006 | -184.1% | €-41.14 Million | €22.35 Million | €123.75 Million | €164.89 Million | — |