Waga Energy SA (WAGA) — Working Capital to Net Assets Ratio
Waga Energy SA (WAGA) has a Working Capital to Net Assets ratio of 38.6% as of December 2025. Working capital of €50.41 Million (current assets of €112.76 Million minus current liabilities of €62.36 Million) is measured against net assets of €130.75 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Waga Energy SA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Waga Energy SA Working Capital to Net Assets (2017–2025)
This chart shows how Waga Energy SA's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 38.6%, reflecting working capital of €50.41 Million against net assets of €130.75 Million EUR. See Waga Energy SA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Waga Energy SA (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Waga Energy SA from 2017 to 2025, covering 9 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 Waga Energy SA market cap and net worth.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.6% | €50.41 Million | €130.75 Million | €112.76 Million | €62.36 Million | ▼ -11.5 pp |
| 2024 | 50.1% | €67.14 Million | €134.08 Million | €110.87 Million | €43.73 Million | ▲ +14.9 pp |
| 2023 | 35.2% | €34.44 Million | €97.87 Million | €70.24 Million | €35.80 Million | ▼ -36.8 pp |
| 2022 | 72.0% | €80.64 Million | €112.03 Million | €109.34 Million | €28.70 Million | ▼ -16.1 pp |
| 2021 | 88.0% | €103.53 Million | €117.59 Million | €135.49 Million | €31.97 Million | ▼ -51.3 pp |
| 2020 | 139.3% | €11.29 Million | €8.11 Million | €21.41 Million | €10.12 Million | ▲ +59.9 pp |
| 2019 | 79.4% | €6.50 Million | €8.19 Million | €12.44 Million | €5.94 Million | ▲ +336.8 pp |
| 2018 | -257.4% | €-1.01 Million | €394.00K | €10.63 Million | €11.64 Million | ▼ -668.4 pp |
| 2017 | 411.1% | €3.57 Million | €868.00K | €5.99 Million | €2.42 Million | — |