Ipsen SA (IPN) — Working Capital to Net Assets Ratio
Ipsen SA (IPN) has a Working Capital to Net Assets ratio of 33.0% as of June 2025. Working capital of €1.40 Billion (current assets of €2.81 Billion minus current liabilities of €1.42 Billion) is measured against net assets of €4.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Ipsen SA's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ipsen SA Working Capital to Net Assets (2004–2024)
This chart shows how Ipsen SA's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 33.0%, reflecting working capital of €1.40 Billion against net assets of €4.23 Billion EUR. Check IPN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ipsen SA (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ipsen SA from 2004 to 2024, covering 21 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 live market cap and the full company profile, see IPN market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.3% | €515.80 Million | €4.18 Billion | €2.02 Billion | €1.51 Billion | ▲ +5.2 pp |
| 2023 | 7.1% | €271.60 Million | €3.82 Billion | €1.90 Billion | €1.63 Billion | ▼ -24.7 pp |
| 2022 | 31.8% | €1.06 Billion | €3.34 Billion | €2.40 Billion | €1.34 Billion | ▲ +5.3 pp |
| 2021 | 26.5% | €725.40 Million | €2.74 Billion | €1.95 Billion | €1.23 Billion | ▲ +9.4 pp |
| 2020 | 17.1% | €365.70 Million | €2.13 Billion | €1.58 Billion | €1.21 Billion | ▲ +23.2 pp |
| 2019 | -6.0% | €-106.00 Million | €1.75 Billion | €1.35 Billion | €1.45 Billion | ▼ -18.3 pp |
| 2018 | 12.3% | €226.40 Million | €1.84 Billion | €1.19 Billion | €959.20 Million | ▲ +7.4 pp |
| 2017 | 4.9% | €74.70 Million | €1.54 Billion | €1.02 Billion | €941.70 Million | ▼ -31.0 pp |
| 2016 | 35.9% | €489.10 Million | €1.36 Billion | €1.05 Billion | €561.30 Million | ▲ +7.5 pp |
| 2015 | 28.4% | €348.30 Million | €1.23 Billion | €809.80 Million | €461.50 Million | ▲ +3.9 pp |
| 2014 | 24.5% | €261.40 Million | €1.07 Billion | €671.60 Million | €410.20 Million | ▲ +1.3 pp |
| 2013 | 23.2% | €225.60 Million | €973.70 Million | €601.80 Million | €376.20 Million | ▲ +4.9 pp |
| 2012 | 18.3% | €169.39 Million | €926.25 Million | €606.35 Million | €436.96 Million | ▼ -7.5 pp |
| 2011 | 25.8% | €262.34 Million | €1.02 Billion | €632.75 Million | €370.41 Million | ▼ -2.6 pp |
| 2010 | 28.5% | €307.40 Million | €1.08 Billion | €639.78 Million | €332.37 Million | ▼ -6.5 pp |
| 2009 | 35.0% | €344.36 Million | €984.35 Million | €652.36 Million | €308.01 Million | ▼ -8.0 pp |
| 2008 | 42.9% | €373.01 Million | €868.49 Million | €689.06 Million | €316.05 Million | ▼ -2.3 pp |
| 2007 | 45.2% | €362.10 Million | €801.11 Million | €636.81 Million | €274.71 Million | ▼ -1.8 pp |
| 2006 | 47.0% | €342.36 Million | €727.90 Million | €611.76 Million | €269.41 Million | ▲ +5.6 pp |
| 2005 | 41.4% | €257.19 Million | €621.10 Million | €507.68 Million | €250.49 Million | ▲ +0.5 pp |
| 2004 | 40.9% | €80.95 Million | €197.73 Million | €291.00 Million | €210.06 Million | — |