Kardex (KARN) — Working Capital to Net Assets Ratio
Kardex (KARN) has a Working Capital to Net Assets ratio of 59.4% as of December 2025. Working capital of CHF159.97 Million (current assets of CHF362.52 Million minus current liabilities of CHF202.54 Million) is measured against net assets of CHF269.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kardex balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kardex Working Capital to Net Assets (2002–2025)
This chart shows how Kardex'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 59.4%, reflecting working capital of CHF159.97 Million against net assets of CHF269.49 Million CHF. Check tangible equity quality of Kardex to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Kardex (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kardex 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 Kardex market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.4% | CHF159.97 Million | CHF269.49 Million | CHF362.52 Million | CHF202.54 Million | ▼ -0.9 pp |
| 2024 | 60.3% | CHF171.80 Million | CHF284.90 Million | CHF348.90 Million | CHF177.10 Million | ▲ +0.4 pp |
| 2023 | 59.9% | CHF143.80 Million | CHF240.10 Million | CHF294.70 Million | CHF150.90 Million | ▼ -1.4 pp |
| 2022 | 61.3% | CHF125.50 Million | CHF204.60 Million | CHF257.90 Million | CHF132.40 Million | ▲ +4.9 pp |
| 2021 | 56.4% | CHF109.40 Million | CHF193.90 Million | CHF228.50 Million | CHF119.10 Million | ▼ -18.7 pp |
| 2020 | 75.2% | CHF131.00 Million | CHF174.30 Million | CHF212.50 Million | CHF81.50 Million | ▼ -6.6 pp |
| 2019 | 81.8% | CHF140.70 Million | CHF172.00 Million | CHF237.90 Million | CHF97.20 Million | ▼ -3.3 pp |
| 2018 | 85.1% | CHF130.50 Million | CHF153.30 Million | CHF222.70 Million | CHF92.20 Million | ▼ -1.1 pp |
| 2017 | 86.2% | CHF119.80 Million | CHF139.00 Million | CHF202.60 Million | CHF82.80 Million | ▼ -0.1 pp |
| 2016 | 86.3% | CHF119.20 Million | CHF138.20 Million | CHF194.60 Million | CHF75.40 Million | ▼ -1.2 pp |
| 2015 | 87.5% | CHF113.20 Million | CHF129.40 Million | CHF186.50 Million | CHF73.30 Million | ▲ +0.8 pp |
| 2014 | 86.7% | CHF100.40 Million | CHF115.80 Million | CHF163.30 Million | CHF62.90 Million | ▼ 0.0 pp |
| 2013 | 86.7% | CHF92.70 Million | CHF106.90 Million | CHF156.70 Million | CHF64.00 Million | ▲ +18.1 pp |
| 2012 | 68.6% | CHF58.60 Million | CHF85.40 Million | CHF172.30 Million | CHF113.70 Million | ▼ -20.4 pp |
| 2011 | 89.0% | CHF57.40 Million | CHF64.50 Million | CHF182.40 Million | CHF125.00 Million | ▲ +71.2 pp |
| 2010 | 17.8% | CHF16.50 Million | CHF92.60 Million | CHF171.50 Million | CHF155.00 Million | ▼ -23.0 pp |
| 2009 | 40.8% | CHF40.00 Million | CHF98.10 Million | CHF131.40 Million | CHF91.40 Million | ▼ -8.4 pp |
| 2008 | 49.2% | CHF52.80 Million | CHF107.30 Million | CHF167.10 Million | CHF114.30 Million | ▲ +3.0 pp |
| 2007 | 46.2% | CHF34.30 Million | CHF74.20 Million | CHF152.40 Million | CHF118.10 Million | ▲ +76.2 pp |
| 2006 | -29.9% | CHF-16.70 Million | CHF55.80 Million | CHF184.60 Million | CHF201.30 Million | ▼ -55.7 pp |
| 2005 | 25.8% | CHF23.30 Million | CHF90.30 Million | CHF185.90 Million | CHF162.60 Million | ▼ -26.0 pp |
| 2004 | 51.8% | CHF75.98 Million | CHF146.70 Million | CHF207.03 Million | CHF131.04 Million | ▲ +14.8 pp |
| 2003 | 37.0% | CHF38.41 Million | CHF103.92 Million | CHF172.69 Million | CHF134.27 Million | ▼ -0.1 pp |
| 2002 | 37.1% | CHF39.73 Million | CHF107.12 Million | CHF165.84 Million | CHF126.11 Million | — |