Swisscom AG (SCMN) — Working Capital to Net Assets Ratio
Swisscom AG (SCMN) has a Working Capital to Net Assets ratio of -18.6% as of March 2026. Working capital of CHF-2.08 Billion (current assets of CHF4.99 Billion minus current liabilities of CHF7.07 Billion) is measured against net assets of CHF11.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SCMN financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Swisscom AG Working Capital to Net Assets (1998–2025)
This chart shows how Swisscom AG's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at -18.6%, reflecting working capital of CHF-2.08 Billion against net assets of CHF11.16 Billion CHF. See SCMN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Swisscom AG (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Swisscom AG from 1998 to 2025, covering 28 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 SCMN market cap overview.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -13.2% | CHF-1.62 Billion | CHF12.24 Billion | CHF5.13 Billion | CHF6.75 Billion | ▼ -4.3 pp |
| 2024 | -9.0% | CHF-1.09 Billion | CHF12.15 Billion | CHF6.36 Billion | CHF7.45 Billion | ▼ -3.6 pp |
| 2023 | -5.4% | CHF-627.00 Million | CHF11.62 Billion | CHF3.72 Billion | CHF4.34 Billion | ▼ -1.3 pp |
| 2022 | -4.1% | CHF-458.00 Million | CHF11.17 Billion | CHF3.85 Billion | CHF4.31 Billion | ▼ -1.2 pp |
| 2021 | -2.9% | CHF-318.00 Million | CHF10.81 Billion | CHF4.02 Billion | CHF4.34 Billion | ▲ +2.0 pp |
| 2020 | -4.9% | CHF-467.00 Million | CHF9.49 Billion | CHF3.67 Billion | CHF4.14 Billion | ▲ +6.7 pp |
| 2019 | -11.6% | CHF-1.03 Billion | CHF8.88 Billion | CHF3.74 Billion | CHF4.78 Billion | ▼ -5.1 pp |
| 2018 | -6.5% | CHF-537.00 Million | CHF8.21 Billion | CHF3.99 Billion | CHF4.53 Billion | ▲ +11.9 pp |
| 2017 | -18.5% | CHF-1.41 Billion | CHF7.64 Billion | CHF3.73 Billion | CHF5.14 Billion | ▼ -11.7 pp |
| 2016 | -6.8% | CHF-443.00 Million | CHF6.52 Billion | CHF3.54 Billion | CHF3.98 Billion | ▲ +8.0 pp |
| 2015 | -14.8% | CHF-776.00 Million | CHF5.24 Billion | CHF3.38 Billion | CHF4.15 Billion | ▲ +4.1 pp |
| 2014 | -18.9% | CHF-1.03 Billion | CHF5.46 Billion | CHF3.43 Billion | CHF4.46 Billion | ▼ -5.5 pp |
| 2013 | -13.4% | CHF-805.00 Million | CHF6.00 Billion | CHF3.80 Billion | CHF4.60 Billion | ▼ -4.8 pp |
| 2012 | -8.7% | CHF-360.00 Million | CHF4.16 Billion | CHF3.84 Billion | CHF4.20 Billion | ▼ -9.5 pp |
| 2011 | 0.8% | CHF34.00 Million | CHF4.30 Billion | CHF3.89 Billion | CHF3.85 Billion | ▲ +3.4 pp |
| 2010 | -2.6% | CHF-162.00 Million | CHF6.28 Billion | CHF3.86 Billion | CHF4.02 Billion | ▲ +4.7 pp |
| 2009 | -7.2% | CHF-487.00 Million | CHF6.73 Billion | CHF4.15 Billion | CHF4.64 Billion | ▼ -21.7 pp |
| 2008 | 14.5% | CHF836.00 Million | CHF5.76 Billion | CHF4.50 Billion | CHF3.67 Billion | ▲ +11.1 pp |
| 2007 | 3.4% | CHF203.00 Million | CHF6.00 Billion | CHF4.65 Billion | CHF4.44 Billion | ▲ +17.3 pp |
| 2006 | -13.9% | CHF-628.20 Million | CHF4.51 Billion | CHF3.56 Billion | CHF4.19 Billion | ▼ -51.9 pp |
| 2005 | 37.9% | CHF2.52 Billion | CHF6.64 Billion | CHF5.26 Billion | CHF2.74 Billion | ▼ -9.8 pp |
| 2004 | 47.7% | CHF3.50 Billion | CHF7.33 Billion | CHF6.20 Billion | CHF2.69 Billion | ▲ +10.1 pp |
| 2003 | 37.6% | CHF3.16 Billion | CHF8.42 Billion | CHF6.63 Billion | CHF3.47 Billion | ▲ +22.4 pp |
| 2002 | 15.2% | CHF1.23 Billion | CHF8.10 Billion | CHF5.20 Billion | CHF3.97 Billion | ▼ -24.4 pp |
| 2001 | 39.5% | CHF5.10 Billion | CHF12.89 Billion | CHF10.41 Billion | CHF5.31 Billion | ▲ +47.9 pp |
| 2000 | -8.3% | CHF-722.84 Million | CHF8.67 Billion | CHF6.23 Billion | CHF6.96 Billion | ▲ +35.2 pp |
| 1999 | -43.5% | CHF-2.92 Billion | CHF6.71 Billion | CHF4.97 Billion | CHF7.88 Billion | ▼ -46.5 pp |
| 1998 | 3.0% | CHF160.30 Million | CHF5.40 Billion | CHF4.58 Billion | CHF4.42 Billion | — |