H & M Hennes & Mauritz AB (publ) (HM-B) — Working Capital to Net Assets Ratio
H & M Hennes & Mauritz AB (publ) (HM-B) has a Working Capital to Net Assets ratio of 25.2% as of February 2026. Working capital of Skr10.45 Billion (current assets of Skr67.90 Billion minus current liabilities of Skr57.45 Billion) is measured against net assets of Skr41.42 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is H & M Hennes & Mauritz AB (publ) to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H & M Hennes & Mauritz AB (publ) Working Capital to Net Assets (2004–2025)
This chart shows how H & M Hennes & Mauritz AB (publ)'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of February 2026, the ratio stands at 25.2%, reflecting working capital of Skr10.45 Billion against net assets of Skr41.42 Billion SEK. See defensive interval ratio of H & M Hennes & Mauritz AB (publ) to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for H & M Hennes & Mauritz AB (publ) (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for H & M Hennes & Mauritz AB (publ) from 2004 to 2025, covering 22 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 how much is H & M Hennes & Mauritz AB (publ) worth.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 25.4% | Skr10.89 Billion | Skr42.95 Billion | Skr72.50 Billion | Skr61.60 Billion | ▲ +5.7 pp |
| 2024 | 19.6% | Skr9.08 Billion | Skr46.21 Billion | Skr75.73 Billion | Skr66.65 Billion | ▼ -6.8 pp |
| 2023 | 26.5% | Skr12.60 Billion | Skr47.60 Billion | Skr80.53 Billion | Skr67.93 Billion | ▲ +4.4 pp |
| 2022 | 22.0% | Skr11.19 Billion | Skr50.76 Billion | Skr79.52 Billion | Skr68.33 Billion | ▼ -7.6 pp |
| 2021 | 29.7% | Skr17.81 Billion | Skr60.02 Billion | Skr78.99 Billion | Skr61.18 Billion | ▲ +13.0 pp |
| 2020 | 16.7% | Skr9.10 Billion | Skr54.62 Billion | Skr65.36 Billion | Skr56.26 Billion | ▼ -8.6 pp |
| 2019 | 25.3% | Skr14.44 Billion | Skr57.07 Billion | Skr62.27 Billion | Skr47.84 Billion | ▼ -4.4 pp |
| 2018 | 29.6% | Skr17.36 Billion | Skr58.55 Billion | Skr61.58 Billion | Skr44.22 Billion | ▲ +4.5 pp |
| 2017 | 25.2% | Skr15.02 Billion | Skr59.71 Billion | Skr55.75 Billion | Skr40.72 Billion | ▼ -5.8 pp |
| 2016 | 31.0% | Skr18.96 Billion | Skr61.24 Billion | Skr50.66 Billion | Skr31.70 Billion | ▼ -8.0 pp |
| 2015 | 38.9% | Skr22.60 Billion | Skr58.05 Billion | Skr45.54 Billion | Skr22.94 Billion | ▼ -4.6 pp |
| 2014 | 43.5% | Skr22.44 Billion | Skr51.56 Billion | Skr42.74 Billion | Skr20.30 Billion | ▼ -4.6 pp |
| 2013 | 48.2% | Skr21.79 Billion | Skr45.25 Billion | Skr39.19 Billion | Skr17.40 Billion | ▼ -4.8 pp |
| 2012 | 53.0% | Skr23.22 Billion | Skr43.84 Billion | Skr37.23 Billion | Skr14.01 Billion | ▼ -4.1 pp |
| 2011 | 57.0% | Skr25.16 Billion | Skr44.10 Billion | Skr39.92 Billion | Skr14.76 Billion | ▼ -4.3 pp |
| 2010 | 61.3% | Skr27.09 Billion | Skr44.17 Billion | Skr40.93 Billion | Skr13.85 Billion | ▼ -0.2 pp |
| 2009 | 61.5% | Skr24.99 Billion | Skr40.61 Billion | Skr36.08 Billion | Skr11.09 Billion | ▼ -2.0 pp |
| 2008 | 63.6% | Skr23.49 Billion | Skr36.95 Billion | Skr35.37 Billion | Skr11.88 Billion | ▼ -5.6 pp |
| 2007 | 69.2% | Skr22.21 Billion | Skr32.09 Billion | Skr31.05 Billion | Skr8.83 Billion | ▼ -4.7 pp |
| 2006 | 73.9% | Skr20.53 Billion | Skr27.78 Billion | Skr27.52 Billion | Skr7.00 Billion | ▲ +2.1 pp |
| 2005 | 71.8% | Skr18.62 Billion | Skr25.92 Billion | Skr25.11 Billion | Skr6.48 Billion | ▼ -2.6 pp |
| 2004 | 74.4% | Skr16.53 Billion | Skr22.21 Billion | Skr21.42 Billion | Skr4.89 Billion | — |