Thule Group AB (THULE) — Working Capital to Net Assets Ratio
Thule Group AB (THULE) has a Working Capital to Net Assets ratio of 23.5% as of December 2025. Working capital of Skr1.70 Billion (current assets of Skr3.20 Billion minus current liabilities of Skr1.50 Billion) is measured against net assets of Skr7.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See THULE days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thule Group AB Working Capital to Net Assets (2011–2025)
This chart shows how Thule Group AB's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 23.5%, reflecting working capital of Skr1.70 Billion against net assets of Skr7.23 Billion SEK. For the complete balance sheet picture, see THULE current and non-current assets.
Annual Working Capital to Net Assets for Thule Group AB (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thule Group AB from 2011 to 2025, covering 15 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. Check Thule Group AB liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.5% | Skr1.70 Billion | Skr7.23 Billion | Skr3.20 Billion | Skr1.50 Billion | ▼ -0.1 pp |
| 2024 | 23.6% | Skr1.91 Billion | Skr8.10 Billion | Skr3.59 Billion | Skr1.68 Billion | ▼ -8.5 pp |
| 2023 | 32.0% | Skr2.19 Billion | Skr6.85 Billion | Skr3.67 Billion | Skr1.48 Billion | ▼ -10.0 pp |
| 2022 | 42.0% | Skr2.75 Billion | Skr6.55 Billion | Skr4.34 Billion | Skr1.59 Billion | ▲ +14.1 pp |
| 2021 | 27.9% | Skr1.62 Billion | Skr5.82 Billion | Skr3.82 Billion | Skr2.20 Billion | ▲ +5.6 pp |
| 2020 | 22.2% | Skr1.17 Billion | Skr5.25 Billion | Skr2.77 Billion | Skr1.60 Billion | ▼ -2.6 pp |
| 2019 | 24.8% | Skr1.07 Billion | Skr4.33 Billion | Skr2.22 Billion | Skr1.14 Billion | ▲ +1.4 pp |
| 2018 | 23.5% | Skr941.00 Million | Skr4.01 Billion | Skr2.09 Billion | Skr1.15 Billion | ▼ -3.3 pp |
| 2017 | 26.8% | Skr928.00 Million | Skr3.47 Billion | Skr2.13 Billion | Skr1.20 Billion | ▼ -6.1 pp |
| 2016 | 32.9% | Skr1.26 Billion | Skr3.83 Billion | Skr2.56 Billion | Skr1.30 Billion | ▲ +8.5 pp |
| 2015 | 24.4% | Skr789.00 Million | Skr3.23 Billion | Skr1.79 Billion | Skr1.00 Billion | ▲ +8.8 pp |
| 2014 | 15.6% | Skr464.00 Million | Skr2.97 Billion | Skr1.78 Billion | Skr1.32 Billion | ▼ -25.6 pp |
| 2013 | 41.2% | Skr743.00 Million | Skr1.80 Billion | Skr2.22 Billion | Skr1.48 Billion | ▼ -7.9 pp |
| 2012 | 49.1% | Skr824.00 Million | Skr1.68 Billion | Skr2.36 Billion | Skr1.53 Billion | ▼ -6.9 pp |
| 2011 | 56.0% | Skr863.00 Million | Skr1.54 Billion | Skr2.32 Billion | Skr1.46 Billion | — |