Valneva SE (VLA) — Working Capital to Net Assets Ratio
Valneva SE (VLA) has a Working Capital to Net Assets ratio of 121.7% as of December 2025. Working capital of €129.21 Million (current assets of €222.54 Million minus current liabilities of €93.33 Million) is measured against net assets of €106.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Valneva SE to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Valneva SE Working Capital to Net Assets (2005–2025)
This chart shows how Valneva SE's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 121.7%, reflecting working capital of €129.21 Million against net assets of €106.17 Million EUR. Check tangible net worth ratio of Valneva SE to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Valneva SE (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Valneva SE from 2005 to 2025, 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 Valneva SE market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 121.7% | €129.21 Million | €106.17 Million | €222.54 Million | €93.33 Million | ▲ +19.9 pp |
| 2024 | 101.8% | €184.43 Million | €181.25 Million | €299.01 Million | €114.58 Million | ▲ +20.7 pp |
| 2023 | 81.1% | €103.96 Million | €128.25 Million | €262.82 Million | €158.86 Million | ▲ +14.1 pp |
| 2022 | 67.0% | €147.27 Million | €219.80 Million | €424.66 Million | €277.39 Million | ▼ -60.1 pp |
| 2021 | 127.1% | €216.85 Million | €170.58 Million | €585.83 Million | €368.98 Million | ▼ -44.1 pp |
| 2020 | 171.2% | €132.56 Million | €77.42 Million | €308.43 Million | €175.87 Million | ▲ +106.2 pp |
| 2019 | 65.0% | €87.86 Million | €135.15 Million | €129.16 Million | €41.30 Million | ▲ +7.0 pp |
| 2018 | 58.0% | €83.03 Million | €143.19 Million | €125.97 Million | €42.95 Million | ▲ +8.6 pp |
| 2017 | 49.4% | €45.77 Million | €92.67 Million | €83.45 Million | €37.67 Million | ▼ -2.9 pp |
| 2016 | 52.3% | €52.31 Million | €100.05 Million | €91.20 Million | €38.89 Million | ▲ +3.8 pp |
| 2015 | 48.5% | €70.02 Million | €144.34 Million | €116.38 Million | €46.36 Million | ▲ +21.5 pp |
| 2014 | 27.0% | €33.58 Million | €124.44 Million | €60.95 Million | €27.37 Million | ▲ +2.5 pp |
| 2013 | 24.5% | €35.25 Million | €144.11 Million | €63.35 Million | €28.10 Million | ▲ +3.8 pp |
| 2012 | 20.7% | €5.41 Million | €26.19 Million | €15.22 Million | €9.81 Million | ▼ -29.1 pp |
| 2011 | 49.7% | €20.12 Million | €40.45 Million | €33.45 Million | €13.34 Million | ▼ -27.0 pp |
| 2010 | 76.7% | €33.96 Million | €44.29 Million | €46.89 Million | €12.92 Million | ▼ -24.4 pp |
| 2009 | 101.1% | €22.78 Million | €22.53 Million | €29.77 Million | €7.00 Million | ▲ +14.1 pp |
| 2008 | 87.0% | €23.84 Million | €27.42 Million | €29.14 Million | €5.29 Million | ▲ +3.6 pp |
| 2007 | 83.4% | €24.18 Million | €29.01 Million | €28.13 Million | €3.94 Million | ▲ +40.0 pp |
| 2006 | 43.3% | €2.02 Million | €4.66 Million | €5.32 Million | €3.31 Million | ▼ -31.7 pp |
| 2005 | 75.0% | €3.58 Million | €4.78 Million | €7.08 Million | €3.50 Million | — |