Nacon S.A. (NACON) — Working Capital to Net Assets Ratio
Nacon S.A. (NACON) has a Working Capital to Net Assets ratio of 157.2% as of March 2026. Working capital of €-127.80 Million (current assets of €105.10 Million minus current liabilities of €232.90 Million) is measured against net assets of €-81.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nacon S.A. 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
Nacon S.A. Working Capital to Net Assets (2017–2026)
This chart shows how Nacon S.A.'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 157.2%, reflecting working capital of €-127.80 Million against net assets of €-81.30 Million EUR. Check Nacon S.A. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nacon S.A. (2017–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nacon S.A. from 2017 to 2026, covering 10 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 how large is Nacon S.A.'s balance sheet.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 157.2% | €-127.80 Million | €-81.30 Million | €105.10 Million | €232.90 Million | ▲ +160.2 pp |
| 2025 | -3.0% | €-8.58 Million | €284.36 Million | €119.51 Million | €128.09 Million | ▲ +0.6 pp |
| 2024 | -3.6% | €-9.58 Million | €263.55 Million | €108.49 Million | €118.07 Million | ▼ -15.0 pp |
| 2023 | 11.4% | €27.59 Million | €242.55 Million | €143.42 Million | €115.83 Million | ▼ -31.6 pp |
| 2022 | 43.0% | €98.19 Million | €228.41 Million | €170.78 Million | €72.59 Million | ▼ -13.1 pp |
| 2021 | 56.0% | €117.97 Million | €210.47 Million | €183.97 Million | €66.01 Million | ▼ -15.9 pp |
| 2020 | 71.9% | €134.94 Million | €187.62 Million | €193.78 Million | €58.83 Million | ▲ +42.3 pp |
| 2019 | 29.7% | €20.03 Million | €67.54 Million | €68.07 Million | €48.04 Million | ▼ -36.1 pp |
| 2018 | 65.7% | €28.63 Million | €43.56 Million | €58.00 Million | €29.37 Million | ▲ +7.2 pp |
| 2017 | 58.6% | €23.88 Million | €40.77 Million | €53.32 Million | €29.44 Million | — |