Alcon AG (ALC) — Working Capital to Net Assets Ratio
Alcon AG (ALC) has a Working Capital to Net Assets ratio of 15.4% as of December 2025. Working capital of CHF3.40 Billion (current assets of CHF6.44 Billion minus current liabilities of CHF3.05 Billion) is measured against net assets of CHF22.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Alcon AG (ALC) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alcon AG Working Capital to Net Assets (2015–2025)
This chart shows how Alcon AG's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 15.4%, reflecting working capital of CHF3.40 Billion against net assets of CHF22.02 Billion CHF. Check Alcon AG (ALC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Alcon AG (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alcon AG from 2015 to 2025, covering 11 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 ALC company net worth.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 15.4% | CHF3.40 Billion | CHF22.02 Billion | CHF6.44 Billion | CHF3.05 Billion | ▼ -3.3 pp |
| 2024 | 18.7% | CHF4.03 Billion | CHF21.55 Billion | CHF6.31 Billion | CHF2.28 Billion | ▲ +3.3 pp |
| 2023 | 15.4% | CHF3.17 Billion | CHF20.62 Billion | CHF5.65 Billion | CHF2.48 Billion | ▲ +2.9 pp |
| 2022 | 12.5% | CHF2.46 Billion | CHF19.68 Billion | CHF5.19 Billion | CHF2.74 Billion | ▼ -2.7 pp |
| 2021 | 15.1% | CHF2.91 Billion | CHF19.26 Billion | CHF5.39 Billion | CHF2.47 Billion | ▲ +0.6 pp |
| 2020 | 14.5% | CHF2.73 Billion | CHF18.82 Billion | CHF4.99 Billion | CHF2.26 Billion | ▲ +4.5 pp |
| 2019 | 10.0% | CHF1.94 Billion | CHF19.30 Billion | CHF4.24 Billion | CHF2.30 Billion | ▲ +9.4 pp |
| 2018 | 0.6% | CHF119.00 Million | CHF19.52 Billion | CHF3.63 Billion | CHF3.51 Billion | ▼ -5.9 pp |
| 2017 | 6.6% | CHF1.51 Billion | CHF23.03 Billion | CHF3.29 Billion | CHF1.78 Billion | ▲ +0.7 pp |
| 2016 | 5.9% | CHF1.35 Billion | CHF23.01 Billion | CHF3.02 Billion | CHF1.67 Billion | ▲ +0.3 pp |
| 2015 | 5.6% | CHF1.33 Billion | CHF23.64 Billion | CHF2.97 Billion | CHF1.64 Billion | — |