Itissalat Al-Maghrib (IAM) — Working Capital to Net Assets Ratio
Itissalat Al-Maghrib (IAM) has a Working Capital to Net Assets ratio of -124.0% as of June 2026. Working capital of €-27.93 Billion (current assets of €15.80 Billion minus current liabilities of €43.74 Billion) is measured against net assets of €22.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Itissalat Al-Maghrib liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Itissalat Al-Maghrib Working Capital to Net Assets (2004–2025)
This chart shows how Itissalat Al-Maghrib'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 -124.0%, reflecting working capital of €-27.93 Billion against net assets of €22.52 Billion EUR. For the complete balance sheet picture, see Itissalat Al-Maghrib assets under control.
Annual Working Capital to Net Assets for Itissalat Al-Maghrib (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Itissalat Al-Maghrib 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 Itissalat Al-Maghrib asset resilience 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 | -96.4% | €-23.78 Billion | €24.67 Billion | €15.10 Billion | €38.88 Billion | ▲ +65.0 pp |
| 2024 | -161.4% | €-30.18 Billion | €18.70 Billion | €15.09 Billion | €45.27 Billion | ▼ -38.5 pp |
| 2023 | -122.8% | €-25.80 Billion | €21.00 Billion | €13.87 Billion | €39.67 Billion | ▲ +26.4 pp |
| 2022 | -149.2% | €-26.86 Billion | €18.00 Billion | €15.67 Billion | €42.53 Billion | ▼ -24.5 pp |
| 2021 | -124.7% | €-23.44 Billion | €18.80 Billion | €15.22 Billion | €38.66 Billion | ▲ +44.1 pp |
| 2020 | -168.8% | €-28.17 Billion | €16.69 Billion | €13.37 Billion | €41.54 Billion | ▲ +22.0 pp |
| 2019 | -190.9% | €-30.54 Billion | €16.00 Billion | €13.37 Billion | €43.91 Billion | ▼ -65.8 pp |
| 2018 | -125.1% | €-24.38 Billion | €19.49 Billion | €14.08 Billion | €38.46 Billion | ▼ -3.0 pp |
| 2017 | -122.1% | €-24.11 Billion | €19.75 Billion | €13.80 Billion | €37.92 Billion | ▼ -10.1 pp |
| 2016 | -112.0% | €-21.62 Billion | €19.30 Billion | €14.97 Billion | €36.60 Billion | ▼ -15.7 pp |
| 2015 | -96.3% | €-18.98 Billion | €19.70 Billion | €14.89 Billion | €33.87 Billion | ▼ -25.8 pp |
| 2014 | -70.6% | €-14.23 Billion | €20.16 Billion | €10.54 Billion | €24.77 Billion | ▲ +4.6 pp |
| 2013 | -75.2% | €-14.99 Billion | €19.93 Billion | €11.25 Billion | €26.24 Billion | ▼ -10.1 pp |
| 2012 | -65.1% | €-13.48 Billion | €20.69 Billion | €11.82 Billion | €25.30 Billion | ▼ -16.1 pp |
| 2011 | -49.0% | €-10.82 Billion | €22.09 Billion | €12.90 Billion | €23.72 Billion | ▼ -14.3 pp |
| 2010 | -34.7% | €-8.16 Billion | €23.50 Billion | €12.34 Billion | €20.50 Billion | ▼ -5.5 pp |
| 2009 | -29.2% | €-6.70 Billion | €22.93 Billion | €12.82 Billion | €19.52 Billion | ▼ -12.7 pp |
| 2008 | -16.5% | €-3.36 Billion | €20.36 Billion | €13.45 Billion | €16.81 Billion | ▲ +0.5 pp |
| 2007 | -17.0% | €-3.17 Billion | €18.63 Billion | €14.51 Billion | €17.68 Billion | ▼ -11.0 pp |
| 2006 | -6.0% | €-1.02 Billion | €16.85 Billion | €10.13 Billion | €11.15 Billion | ▼ -32.4 pp |
| 2005 | 26.4% | €5.20 Billion | €19.72 Billion | €15.09 Billion | €9.89 Billion | ▼ -1.4 pp |
| 2004 | 27.8% | €5.06 Billion | €18.20 Billion | €13.66 Billion | €8.60 Billion | — |