Sandoz Group AG (SDZ) — Working Capital to Net Assets Ratio
Sandoz Group AG (SDZ) has a Working Capital to Net Assets ratio of 13.5% as of December 2025. Working capital of CHF1.27 Billion (current assets of CHF8.16 Billion minus current liabilities of CHF6.89 Billion) is measured against net assets of CHF9.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sandoz Group AG (SDZ) 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
Sandoz Group AG Working Capital to Net Assets (2020–2025)
This chart shows how Sandoz Group AG's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 13.5%, reflecting working capital of CHF1.27 Billion against net assets of CHF9.38 Billion CHF. See Sandoz Group AG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sandoz Group AG (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sandoz Group AG from 2020 to 2025, covering 6 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 Sandoz Group AG (SDZ) total market value.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.5% | CHF1.27 Billion | CHF9.38 Billion | CHF8.16 Billion | CHF6.89 Billion | ▼ -4.8 pp |
| 2024 | 18.3% | CHF1.49 Billion | CHF8.16 Billion | CHF7.80 Billion | CHF6.31 Billion | ▲ +10.5 pp |
| 2023 | 7.8% | CHF674.97 Million | CHF8.65 Billion | CHF6.37 Billion | CHF5.70 Billion | ▼ -92.2 pp |
| 2022 | 100.0% | CHF77.14K | CHF77.14K | CHF100.00K | CHF22.86K | ▲ +134.3 pp |
| 2021 | -34.3% | CHF-2.55 Billion | CHF7.44 Billion | CHF5.07 Billion | CHF7.62 Billion | ▲ +11.1 pp |
| 2020 | -45.4% | CHF-3.10 Billion | CHF6.83 Billion | CHF4.99 Billion | CHF8.09 Billion | — |