Sandvik AB (SAND) — Working Capital to Net Assets Ratio
Sandvik AB (SAND) has a Working Capital to Net Assets ratio of 38.5% as of March 2026. Working capital of Skr38.60 Billion (current assets of Skr78.86 Billion minus current liabilities of Skr40.26 Billion) is measured against net assets of Skr100.35 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SAND net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sandvik AB Working Capital to Net Assets (2005–2025)
This chart shows how Sandvik AB's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 38.5%, reflecting working capital of Skr38.60 Billion against net assets of Skr100.35 Billion SEK. Check SAND tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sandvik AB (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sandvik AB 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 Sandvik AB market capitalisation.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.2% | Skr33.78 Billion | Skr93.24 Billion | Skr69.90 Billion | Skr36.11 Billion | ▲ +2.8 pp |
| 2024 | 33.5% | Skr32.48 Billion | Skr97.00 Billion | Skr73.50 Billion | Skr41.03 Billion | ▲ +1.3 pp |
| 2023 | 32.2% | Skr28.24 Billion | Skr87.70 Billion | Skr72.12 Billion | Skr43.88 Billion | ▼ -6.9 pp |
| 2022 | 39.1% | Skr31.77 Billion | Skr81.27 Billion | Skr74.99 Billion | Skr43.23 Billion | ▲ +2.8 pp |
| 2021 | 36.3% | Skr28.09 Billion | Skr77.33 Billion | Skr70.37 Billion | Skr42.28 Billion | ▼ -19.0 pp |
| 2020 | 55.4% | Skr36.03 Billion | Skr65.08 Billion | Skr63.97 Billion | Skr27.95 Billion | ▼ -2.2 pp |
| 2019 | 57.5% | Skr35.58 Billion | Skr61.86 Billion | Skr64.97 Billion | Skr29.39 Billion | ▼ -8.0 pp |
| 2018 | 65.5% | Skr38.32 Billion | Skr58.52 Billion | Skr65.08 Billion | Skr26.75 Billion | ▼ -2.5 pp |
| 2017 | 68.0% | Skr33.16 Billion | Skr48.77 Billion | Skr58.27 Billion | Skr25.11 Billion | ▲ +8.5 pp |
| 2016 | 59.5% | Skr23.36 Billion | Skr39.29 Billion | Skr49.52 Billion | Skr26.16 Billion | ▼ -3.6 pp |
| 2015 | 63.0% | Skr21.47 Billion | Skr34.06 Billion | Skr48.78 Billion | Skr27.31 Billion | ▼ -11.9 pp |
| 2014 | 74.9% | Skr27.47 Billion | Skr36.67 Billion | Skr52.11 Billion | Skr24.64 Billion | ▲ +15.7 pp |
| 2013 | 59.2% | Skr19.90 Billion | Skr33.61 Billion | Skr48.53 Billion | Skr28.63 Billion | ▼ -34.8 pp |
| 2012 | 94.0% | Skr34.05 Billion | Skr36.23 Billion | Skr60.85 Billion | Skr26.80 Billion | ▲ +25.6 pp |
| 2011 | 68.3% | Skr23.16 Billion | Skr33.89 Billion | Skr54.40 Billion | Skr31.24 Billion | ▲ +6.5 pp |
| 2010 | 61.8% | Skr20.90 Billion | Skr33.81 Billion | Skr45.53 Billion | Skr24.63 Billion | ▼ -8.0 pp |
| 2009 | 69.8% | Skr20.92 Billion | Skr29.96 Billion | Skr45.22 Billion | Skr24.30 Billion | ▲ +1.7 pp |
| 2008 | 68.1% | Skr25.01 Billion | Skr36.73 Billion | Skr60.28 Billion | Skr35.27 Billion | ▼ -0.9 pp |
| 2007 | 69.0% | Skr20.58 Billion | Skr29.82 Billion | Skr49.34 Billion | Skr28.76 Billion | ▲ +16.9 pp |
| 2006 | 52.1% | Skr14.17 Billion | Skr27.20 Billion | Skr38.32 Billion | Skr24.15 Billion | ▼ -2.6 pp |
| 2005 | 54.7% | Skr13.42 Billion | Skr24.51 Billion | Skr33.73 Billion | Skr20.31 Billion | — |