Thales S.A. Working Capital to Net Assets Ratio
Thales S.A. working capital to net assets ratio. Thales S.A. (HO) has a Working Capital to Net Assets ratio of -62.9% as of June 2025. Working capital of €-4.51 Billion (current assets of €21.03 Billion minus current liabilities of €25.54 Billion) is measured against net assets of €7.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Thales S.A. (2001–2024)
Working capital to net assets ratio of Thales S.A. from 2001 to 2024. This chart shows how Thales S.A.'s Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at -62.9%, reflecting working capital of €-4.51 Billion against net assets of €7.17 Billion EUR. Explore HO long-term investments to assets to see how much of total assets are deployed in long-term investments.
Thales S.A. Working Capital to Net Assets Ratio by Year (2001–2024)
Thales S.A. working capital to net assets ratio by year from 2001 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Thales S.A. from 2001 to 2024, covering 24 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 HO current and non-current assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -62.9% | €-4.76 Billion | €7.56 Billion | €20.90 Billion | €25.66 Billion | ▼ -19.4 pp |
| 2023 | -43.5% | €-3.03 Billion | €6.97 Billion | €21.19 Billion | €24.22 Billion | ▼ -47.2 pp |
| 2022 | 3.7% | €270.90 Million | €7.38 Billion | €21.01 Billion | €20.74 Billion | ▼ -13.2 pp |
| 2021 | 16.9% | €1.14 Billion | €6.72 Billion | €19.70 Billion | €18.57 Billion | ▲ +12.2 pp |
| 2020 | 4.7% | €250.80 Million | €5.31 Billion | €17.43 Billion | €17.18 Billion | ▲ +33.1 pp |
| 2019 | -28.4% | €-1.61 Billion | €5.68 Billion | €15.88 Billion | €17.49 Billion | ▼ -68.2 pp |
| 2018 | 39.8% | €2.36 Billion | €5.92 Billion | €16.97 Billion | €14.62 Billion | ▲ +23.4 pp |
| 2017 | 16.4% | €912.50 Million | €5.56 Billion | €14.82 Billion | €13.91 Billion | ▲ +0.9 pp |
| 2016 | 15.6% | €756.70 Million | €4.87 Billion | €14.07 Billion | €13.31 Billion | ▲ +17.8 pp |
| 2015 | -2.2% | €-110.70 Million | €4.94 Billion | €13.09 Billion | €13.20 Billion | ▼ -1.4 pp |
| 2014 | -0.9% | €-35.10 Million | €4.07 Billion | €11.60 Billion | €11.63 Billion | ▼ -2.1 pp |
| 2013 | 1.3% | €49.50 Million | €3.94 Billion | €13.82 Billion | €13.77 Billion | ▲ +23.3 pp |
| 2012 | -22.0% | €-1.01 Billion | €4.59 Billion | €13.60 Billion | €14.61 Billion | ▲ +3.9 pp |
| 2011 | -25.9% | €-1.07 Billion | €4.13 Billion | €13.31 Billion | €14.38 Billion | ▲ +1.8 pp |
| 2010 | -27.6% | €-1.02 Billion | €3.68 Billion | €11.80 Billion | €12.82 Billion | ▼ -14.8 pp |
| 2009 | -12.9% | €-483.40 Million | €3.75 Billion | €11.00 Billion | €11.49 Billion | ▲ +11.8 pp |
| 2008 | -24.6% | €-973.40 Million | €3.95 Billion | €11.13 Billion | €12.11 Billion | ▼ -22.9 pp |
| 2007 | -1.7% | €-66.50 Million | €3.88 Billion | €10.88 Billion | €10.95 Billion | ▼ -38.8 pp |
| 2006 | 37.0% | €849.80 Million | €2.29 Billion | €10.86 Billion | €10.01 Billion | ▲ +15.1 pp |
| 2005 | 22.0% | €461.70 Million | €2.10 Billion | €9.66 Billion | €9.20 Billion | ▲ +27.2 pp |
| 2004 | -5.3% | €-84.10 Million | €1.60 Billion | €9.26 Billion | €9.35 Billion | ▼ -69.9 pp |
| 2003 | 64.6% | €1.33 Billion | €2.06 Billion | €14.07 Billion | €12.74 Billion | ▼ -1.8 pp |
| 2002 | 66.4% | €1.44 Billion | €2.17 Billion | €13.53 Billion | €12.09 Billion | ▼ -20.6 pp |
| 2001 | 87.1% | €1.89 Billion | €2.17 Billion | €14.24 Billion | €12.34 Billion | — |