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 operational self-sufficiency of Waga Energy SA to measure how many days the company can operate on defensive assets alone.