Bell AG (BELL) — Working Capital to Net Assets Ratio
Bell AG (BELL) has a Working Capital to Net Assets ratio of 29.9% as of December 2025. Working capital of CHF482.90 Million (current assets of CHF1.13 Billion minus current liabilities of CHF644.10 Million) is measured against net assets of CHF1.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Bell AG to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bell AG Working Capital to Net Assets (2002–2025)
This chart shows how Bell AG's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 29.9%, reflecting working capital of CHF482.90 Million against net assets of CHF1.61 Billion CHF. Check BELL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bell AG (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bell AG from 2002 to 2025, covering 24 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 Bell AG (BELL) total market value.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.9% | CHF482.90 Million | CHF1.61 Billion | CHF1.13 Billion | CHF644.10 Million | ▲ +8.5 pp |
| 2024 | 21.4% | CHF342.40 Million | CHF1.60 Billion | CHF1.13 Billion | CHF789.20 Million | ▼ -23.1 pp |
| 2023 | 44.6% | CHF671.70 Million | CHF1.51 Billion | CHF1.33 Billion | CHF661.50 Million | ▼ -1.8 pp |
| 2022 | 46.4% | CHF682.60 Million | CHF1.47 Billion | CHF1.25 Billion | CHF567.80 Million | ▲ +14.2 pp |
| 2021 | 32.1% | CHF454.20 Million | CHF1.41 Billion | CHF1.08 Billion | CHF624.00 Million | ▼ -15.1 pp |
| 2020 | 47.3% | CHF645.10 Million | CHF1.37 Billion | CHF1.07 Billion | CHF426.90 Million | ▼ -3.1 pp |
| 2019 | 50.3% | CHF647.70 Million | CHF1.29 Billion | CHF1.10 Billion | CHF456.20 Million | ▼ -6.5 pp |
| 2018 | 56.8% | CHF732.60 Million | CHF1.29 Billion | CHF1.15 Billion | CHF416.60 Million | ▲ +33.4 pp |
| 2017 | 23.4% | CHF183.60 Million | CHF784.30 Million | CHF880.20 Million | CHF696.60 Million | ▼ -41.1 pp |
| 2016 | 64.6% | CHF631.20 Million | CHF977.80 Million | CHF981.80 Million | CHF350.60 Million | ▲ +8.3 pp |
| 2015 | 56.3% | CHF511.85 Million | CHF909.49 Million | CHF809.85 Million | CHF298.00 Million | ▼ -3.4 pp |
| 2014 | 59.7% | CHF469.46 Million | CHF786.96 Million | CHF706.35 Million | CHF236.89 Million | ▲ +6.3 pp |
| 2013 | 53.3% | CHF390.22 Million | CHF731.46 Million | CHF671.29 Million | CHF281.07 Million | ▲ +29.7 pp |
| 2012 | 23.7% | CHF159.89 Million | CHF675.47 Million | CHF554.94 Million | CHF395.05 Million | ▲ +3.1 pp |
| 2011 | 20.5% | CHF128.71 Million | CHF626.58 Million | CHF520.32 Million | CHF391.62 Million | ▲ +2.0 pp |
| 2010 | 18.5% | CHF109.45 Million | CHF590.46 Million | CHF495.44 Million | CHF385.99 Million | ▼ -9.5 pp |
| 2009 | 28.0% | CHF166.79 Million | CHF594.78 Million | CHF537.73 Million | CHF370.94 Million | ▲ +51.8 pp |
| 2008 | -23.7% | CHF-127.72 Million | CHF538.71 Million | CHF363.01 Million | CHF490.73 Million | ▼ -49.5 pp |
| 2007 | 25.8% | CHF135.10 Million | CHF522.98 Million | CHF308.48 Million | CHF173.37 Million | ▼ -11.8 pp |
| 2006 | 37.6% | CHF179.95 Million | CHF478.70 Million | CHF237.59 Million | CHF57.63 Million | ▼ -4.9 pp |
| 2005 | 42.5% | CHF189.52 Million | CHF445.94 Million | CHF269.65 Million | CHF80.13 Million | ▼ -9.1 pp |
| 2004 | 51.5% | CHF217.39 Million | CHF421.72 Million | CHF292.99 Million | CHF75.60 Million | ▲ +18.0 pp |
| 2003 | 33.6% | CHF132.85 Million | CHF395.80 Million | CHF323.03 Million | CHF190.18 Million | ▼ -14.1 pp |
| 2002 | 47.6% | CHF170.08 Million | CHF357.12 Million | CHF319.94 Million | CHF149.85 Million | — |