Swiss Life Holding AG (SLHN) — Working Capital to Net Assets Ratio
Swiss Life Holding AG (SLHN) has a Working Capital to Net Assets ratio of -1909.9% as of December 2025. Working capital of CHF-157.91 Billion (current assets of CHF7.32 Billion minus current liabilities of CHF165.23 Billion) is measured against net assets of CHF8.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SLHN days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Swiss Life Holding AG Working Capital to Net Assets (2004–2025)
This chart shows how Swiss Life Holding AG's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2025. As of December 2025, the ratio stands at -1909.9%, reflecting working capital of CHF-157.91 Billion against net assets of CHF8.27 Billion CHF. For the complete balance sheet picture, see how large is Swiss Life Holding AG's balance sheet.
Annual Working Capital to Net Assets for Swiss Life Holding AG (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Swiss Life Holding AG from 2004 to 2025, covering 21 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 SLHN asset resilience ratio 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 | -1923.6% | CHF-159.04 Billion | CHF8.27 Billion | CHF7.32 Billion | CHF166.36 Billion | ▼ -1714.1 pp |
| 2024 | -209.5% | CHF-16.07 Billion | CHF7.67 Billion | CHF2.61 Billion | CHF18.67 Billion | ▼ -152.8 pp |
| 2023 | -56.8% | CHF-4.71 Billion | CHF8.30 Billion | CHF5.89 Billion | CHF10.60 Billion | ▲ +53.1 pp |
| 2022 | -109.9% | CHF-10.56 Billion | CHF9.61 Billion | CHF12.11 Billion | CHF22.67 Billion | ▲ +28.2 pp |
| 2021 | -138.1% | CHF-21.89 Billion | CHF15.85 Billion | CHF12.13 Billion | CHF34.02 Billion | ▼ -2.6 pp |
| 2020 | -135.5% | CHF-22.81 Billion | CHF16.84 Billion | CHF12.32 Billion | CHF35.13 Billion | ▼ -27.7 pp |
| 2019 | -107.7% | CHF-17.25 Billion | CHF16.01 Billion | CHF13.44 Billion | CHF30.68 Billion | ▼ -157.6 pp |
| 2018 | 49.9% | CHF7.50 Billion | CHF15.03 Billion | CHF8.41 Billion | CHF908.00 Million | ▲ +12.1 pp |
| 2017 | 37.8% | CHF5.89 Billion | CHF15.58 Billion | CHF6.61 Billion | CHF723.00 Million | ▼ -10.6 pp |
| 2016 | 48.4% | CHF6.65 Billion | CHF13.74 Billion | CHF7.33 Billion | CHF683.00 Million | ▲ +10.0 pp |
| 2015 | 38.4% | CHF4.71 Billion | CHF12.26 Billion | CHF5.30 Billion | CHF586.00 Million | ▼ -4.4 pp |
| 2014 | 42.8% | CHF5.49 Billion | CHF12.83 Billion | CHF6.06 Billion | CHF568.00 Million | ▼ -18.8 pp |
| 2013 | 61.6% | CHF5.55 Billion | CHF9.02 Billion | CHF6.09 Billion | CHF534.00 Million | ▼ -607.0 pp |
| 2012 | 668.6% | CHF68.77 Billion | CHF10.29 Billion | CHF87.66 Billion | CHF18.88 Billion | ▲ +585.9 pp |
| 2010 | 82.7% | CHF6.15 Billion | CHF7.44 Billion | CHF9.90 Billion | CHF3.75 Billion | ▲ +0.7 pp |
| 2009 | 82.0% | CHF5.94 Billion | CHF7.25 Billion | CHF9.47 Billion | CHF3.53 Billion | ▼ -50.0 pp |
| 2008 | 132.0% | CHF8.78 Billion | CHF6.65 Billion | CHF10.76 Billion | CHF1.98 Billion | ▲ +162.7 pp |
| 2007 | -30.8% | CHF-2.26 Billion | CHF7.33 Billion | CHF4.55 Billion | CHF6.81 Billion | ▲ +23.2 pp |
| 2006 | -53.9% | CHF-4.24 Billion | CHF7.85 Billion | CHF7.62 Billion | CHF11.86 Billion | ▼ -174.2 pp |
| 2005 | 120.3% | CHF9.21 Billion | CHF7.66 Billion | CHF14.17 Billion | CHF4.96 Billion | ▲ +156.7 pp |
| 2004 | -36.4% | CHF2.28 Billion | CHF-6.26 Billion | CHF8.65 Billion | CHF6.37 Billion | — |