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 operational self-sufficiency of Alcon AG to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Alcon AG total assets.
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. Check asset resilience ratio of Alcon AG to evaluate the company's liquid asset resilience ratio.
| 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 | — |