TotalEnergies SE (TTE) — Working Capital to Net Assets Ratio
TotalEnergies SE (TTE) has a Working Capital to Net Assets ratio of 6.4% as of March 2026. Working capital of €7.96 Billion (current assets of €112.10 Billion minus current liabilities of €104.13 Billion) is measured against net assets of €125.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TotalEnergies SE balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TotalEnergies SE Working Capital to Net Assets (1992–2025)
This chart shows how TotalEnergies SE's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 6.4%, reflecting working capital of €7.96 Billion against net assets of €125.11 Billion EUR. Check TTE tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TotalEnergies SE (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TotalEnergies SE from 1992 to 2025, covering 34 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 TTE market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.6% | €-3.09 Billion | €117.54 Billion | €89.48 Billion | €92.57 Billion | ▼ -9.8 pp |
| 2024 | 7.2% | €8.61 Billion | €120.25 Billion | €96.57 Billion | €87.96 Billion | ▼ -1.8 pp |
| 2023 | 9.0% | €10.74 Billion | €119.45 Billion | €99.53 Billion | €88.78 Billion | ▼ -4.9 pp |
| 2022 | 13.9% | €15.95 Billion | €114.57 Billion | €125.72 Billion | €109.78 Billion | ▼ 0.0 pp |
| 2021 | 13.9% | €16.03 Billion | €115.00 Billion | €111.14 Billion | €95.10 Billion | ▼ -0.2 pp |
| 2020 | 14.1% | €15.00 Billion | €106.08 Billion | €79.68 Billion | €64.68 Billion | ▲ +1.6 pp |
| 2019 | 12.6% | €15.02 Billion | €119.31 Billion | €85.27 Billion | €70.24 Billion | ▼ -2.3 pp |
| 2018 | 14.9% | €17.57 Billion | €118.11 Billion | €79.80 Billion | €62.23 Billion | ▼ -9.9 pp |
| 2017 | 24.8% | €28.24 Billion | €114.04 Billion | €84.95 Billion | €56.70 Billion | ▲ +7.2 pp |
| 2016 | 17.6% | €17.83 Billion | €101.57 Billion | €72.52 Billion | €54.69 Billion | ▼ -2.6 pp |
| 2015 | 20.2% | €19.26 Billion | €95.41 Billion | €70.24 Billion | €50.98 Billion | ▼ -5.8 pp |
| 2014 | 26.0% | €24.30 Billion | €93.53 Billion | €77.98 Billion | €53.67 Billion | ▲ +3.9 pp |
| 2013 | 22.1% | €22.85 Billion | €103.44 Billion | €84.71 Billion | €61.86 Billion | ▼ -2.8 pp |
| 2012 | 24.9% | €24.46 Billion | €98.12 Billion | €89.29 Billion | €64.83 Billion | ▲ +0.5 pp |
| 2011 | 24.4% | €21.98 Billion | €89.93 Billion | €82.51 Billion | €60.53 Billion | ▼ -2.5 pp |
| 2010 | 26.9% | €21.93 Billion | €81.49 Billion | €75.72 Billion | €53.79 Billion | ▼ -1.8 pp |
| 2009 | 28.7% | €21.99 Billion | €76.71 Billion | €71.29 Billion | €49.30 Billion | ▲ +3.2 pp |
| 2008 | 25.5% | €17.72 Billion | €69.54 Billion | €65.51 Billion | €47.79 Billion | ▼ -2.0 pp |
| 2007 | 27.5% | €18.36 Billion | €66.74 Billion | €70.44 Billion | €52.08 Billion | ▲ +5.0 pp |
| 2006 | 22.5% | €12.23 Billion | €54.31 Billion | €56.47 Billion | €44.24 Billion | ▼ -2.4 pp |
| 2005 | 24.9% | €12.22 Billion | €49.09 Billion | €51.78 Billion | €39.56 Billion | ▲ +8.1 pp |
| 2004 | 16.8% | €7.25 Billion | €43.20 Billion | €42.84 Billion | €35.60 Billion | ▼ -3.8 pp |
| 2003 | 20.6% | €8.05 Billion | €39.06 Billion | €37.10 Billion | €29.05 Billion | ▲ +1.9 pp |
| 2002 | 18.7% | €6.45 Billion | €34.52 Billion | €32.89 Billion | €26.45 Billion | ▲ +1.8 pp |
| 2001 | 16.9% | €5.25 Billion | €31.05 Billion | €28.49 Billion | €23.23 Billion | ▼ -9.5 pp |
| 2000 | 26.4% | €8.24 Billion | €31.23 Billion | €31.93 Billion | €23.68 Billion | ▲ +14.9 pp |
| 1999 | 11.5% | €3.46 Billion | €30.02 Billion | €29.90 Billion | €26.44 Billion | ▼ -10.4 pp |
| 1998 | 21.9% | €2.78 Billion | €12.65 Billion | €10.33 Billion | €7.55 Billion | ▼ -1.8 pp |
| 1997 | 23.7% | €2.74 Billion | €11.58 Billion | €10.15 Billion | €7.41 Billion | ▼ -12.6 pp |
| 1996 | 36.3% | €4.40 Billion | €12.11 Billion | €15.34 Billion | €10.94 Billion | ▼ -9.1 pp |
| 1995 | 45.5% | €5.21 Billion | €11.46 Billion | €14.09 Billion | €8.88 Billion | ▲ +6.3 pp |
| 1994 | 39.2% | €4.09 Billion | €10.44 Billion | €11.84 Billion | €7.75 Billion | ▼ -0.6 pp |
| 1993 | 39.8% | €3.72 Billion | €9.37 Billion | €10.35 Billion | €6.63 Billion | ▲ +0.9 pp |
| 1992 | 38.9% | €3.40 Billion | €8.76 Billion | €9.74 Billion | €6.33 Billion | — |