Covivio Hotels (COVH) — Working Capital to Net Assets Ratio
Covivio Hotels (COVH) has a Working Capital to Net Assets ratio of 3.5% as of June 2026. Working capital of €134.00 Million (current assets of €414.00 Million minus current liabilities of €280.00 Million) is measured against net assets of €3.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Covivio Hotels defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Covivio Hotels Working Capital to Net Assets (2004–2025)
This chart shows how Covivio Hotels's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 3.5%, reflecting working capital of €134.00 Million against net assets of €3.79 Billion EUR. For the complete balance sheet picture, see balance sheet size of Covivio Hotels.
Annual Working Capital to Net Assets for Covivio Hotels (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Covivio Hotels from 2004 to 2025, covering 22 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. Check COVH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 6.8% | €261.00 Million | €3.86 Billion | €383.00 Million | €122.00 Million | ▲ +5.5 pp |
| 2024 | 1.2% | €44.80 Million | €3.60 Billion | €801.30 Million | €756.50 Million | ▲ +1.2 pp |
| 2023 | 0.1% | €3.12 Million | €3.55 Billion | €432.84 Million | €429.72 Million | ▲ +3.8 pp |
| 2022 | -3.7% | €-140.14 Million | €3.76 Billion | €319.78 Million | €459.92 Million | ▼ -9.6 pp |
| 2021 | 5.9% | €200.81 Million | €3.40 Billion | €425.38 Million | €224.56 Million | ▲ +10.8 pp |
| 2020 | -4.8% | €-151.17 Million | €3.12 Billion | €252.43 Million | €403.60 Million | ▼ -9.8 pp |
| 2019 | 4.9% | €171.16 Million | €3.49 Billion | €373.84 Million | €202.68 Million | ▼ -5.5 pp |
| 2018 | 10.4% | €343.63 Million | €3.30 Billion | €763.78 Million | €420.15 Million | ▲ +4.4 pp |
| 2017 | 6.0% | €144.71 Million | €2.41 Billion | €299.85 Million | €155.14 Million | ▲ +5.5 pp |
| 2016 | 0.5% | €10.52 Million | €2.05 Billion | €96.43 Million | €85.91 Million | ▼ -17.5 pp |
| 2015 | 18.0% | €349.60 Million | €1.94 Billion | €428.46 Million | €78.85 Million | ▲ +13.0 pp |
| 2014 | 5.1% | €92.88 Million | €1.84 Billion | €167.47 Million | €74.59 Million | ▲ +5.5 pp |
| 2013 | -0.5% | €-7.92 Million | €1.65 Billion | €250.59 Million | €258.51 Million | ▼ -17.5 pp |
| 2012 | 17.0% | €265.53 Million | €1.56 Billion | €315.66 Million | €50.13 Million | ▼ -8.5 pp |
| 2011 | 25.5% | €325.48 Million | €1.28 Billion | €379.31 Million | €53.83 Million | ▲ +2.6 pp |
| 2010 | 23.0% | €279.96 Million | €1.22 Billion | €342.24 Million | €62.27 Million | ▲ +23.6 pp |
| 2009 | -0.7% | €-6.22 Million | €935.02 Million | €84.31 Million | €90.52 Million | ▲ +4.2 pp |
| 2008 | -4.9% | €-57.01 Million | €1.17 Billion | €31.67 Million | €88.68 Million | ▲ +3.5 pp |
| 2007 | -8.4% | €-113.68 Million | €1.36 Billion | €50.09 Million | €163.78 Million | ▲ +1.0 pp |
| 2006 | -9.4% | €-90.32 Million | €964.53 Million | €88.30 Million | €178.62 Million | ▼ -4.1 pp |
| 2005 | -5.2% | €-25.18 Million | €482.23 Million | €121.85 Million | €147.02 Million | ▼ -38.8 pp |
| 2004 | 33.6% | €16.46 Million | €49.05 Million | €30.19 Million | €13.73 Million | — |