The Swatch Group AG (UHR) — Working Capital to Net Assets Ratio
The Swatch Group AG (UHR) has a Working Capital to Net Assets ratio of 73.9% as of December 2025. Working capital of CHF8.61 Billion (current assets of CHF9.60 Billion minus current liabilities of CHF983.00 Million) is measured against net assets of CHF11.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See The Swatch Group AG (UHR) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Swatch Group AG Working Capital to Net Assets (1997–2025)
This chart shows how The Swatch Group AG's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 73.9%, reflecting working capital of CHF8.61 Billion against net assets of CHF11.65 Billion CHF. For the complete balance sheet picture, see total assets of The Swatch Group AG.
Annual Working Capital to Net Assets for The Swatch Group AG (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Swatch Group AG from 1997 to 2025, covering 29 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 how resilient are The Swatch Group AG's assets 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 | 73.9% | CHF8.61 Billion | CHF11.65 Billion | CHF9.60 Billion | CHF983.00 Million | ▲ +0.4 pp |
| 2024 | 73.5% | CHF8.98 Billion | CHF12.22 Billion | CHF10.01 Billion | CHF1.02 Billion | ▼ -2.2 pp |
| 2023 | 75.7% | CHF9.28 Billion | CHF12.26 Billion | CHF10.50 Billion | CHF1.22 Billion | ▼ -1.2 pp |
| 2022 | 76.9% | CHF9.27 Billion | CHF12.05 Billion | CHF10.39 Billion | CHF1.13 Billion | ▲ +1.7 pp |
| 2021 | 75.2% | CHF8.73 Billion | CHF11.61 Billion | CHF10.11 Billion | CHF1.38 Billion | ▲ +2.0 pp |
| 2020 | 73.2% | CHF8.03 Billion | CHF10.96 Billion | CHF9.24 Billion | CHF1.21 Billion | ▲ +1.9 pp |
| 2019 | 71.3% | CHF8.19 Billion | CHF11.49 Billion | CHF9.55 Billion | CHF1.36 Billion | ▲ +1.1 pp |
| 2018 | 70.2% | CHF7.91 Billion | CHF11.27 Billion | CHF9.46 Billion | CHF1.55 Billion | ▼ -1.5 pp |
| 2017 | 71.6% | CHF8.09 Billion | CHF11.29 Billion | CHF9.46 Billion | CHF1.37 Billion | ▲ +0.8 pp |
| 2016 | 70.8% | CHF7.84 Billion | CHF11.07 Billion | CHF9.04 Billion | CHF1.21 Billion | ▼ -0.8 pp |
| 2015 | 71.6% | CHF8.05 Billion | CHF11.24 Billion | CHF9.27 Billion | CHF1.22 Billion | ▲ +0.0 pp |
| 2014 | 71.6% | CHF7.64 Billion | CHF10.67 Billion | CHF8.95 Billion | CHF1.31 Billion | ▼ -5.1 pp |
| 2013 | 76.6% | CHF7.33 Billion | CHF9.57 Billion | CHF8.67 Billion | CHF1.34 Billion | ▲ +5.7 pp |
| 2012 | 70.9% | CHF6.62 Billion | CHF9.34 Billion | CHF7.83 Billion | CHF1.20 Billion | ▼ -2.8 pp |
| 2011 | 73.7% | CHF5.95 Billion | CHF8.07 Billion | CHF7.10 Billion | CHF1.15 Billion | ▲ +0.2 pp |
| 2010 | 73.4% | CHF5.21 Billion | CHF7.10 Billion | CHF6.24 Billion | CHF1.02 Billion | ▲ +3.7 pp |
| 2009 | 69.8% | CHF4.17 Billion | CHF5.98 Billion | CHF5.41 Billion | CHF1.24 Billion | ▼ -5.2 pp |
| 2008 | 74.9% | CHF4.08 Billion | CHF5.45 Billion | CHF4.99 Billion | CHF902.00 Million | ▼ -5.6 pp |
| 2007 | 80.5% | CHF4.29 Billion | CHF5.33 Billion | CHF5.48 Billion | CHF1.19 Billion | ▼ -3.6 pp |
| 2006 | 84.1% | CHF4.18 Billion | CHF4.97 Billion | CHF5.15 Billion | CHF976.00 Million | ▲ +1.7 pp |
| 2005 | 82.4% | CHF3.79 Billion | CHF4.60 Billion | CHF4.96 Billion | CHF1.16 Billion | ▲ +1.3 pp |
| 2004 | 81.1% | CHF3.47 Billion | CHF4.28 Billion | CHF4.40 Billion | CHF932.00 Million | ▼ -0.1 pp |
| 2003 | 81.2% | CHF3.26 Billion | CHF4.02 Billion | CHF4.09 Billion | CHF831.00 Million | ▲ +12.0 pp |
| 2002 | 69.2% | CHF2.46 Billion | CHF3.56 Billion | CHF3.29 Billion | CHF831.00 Million | ▲ +0.5 pp |
| 2001 | 68.7% | CHF2.25 Billion | CHF3.28 Billion | CHF3.21 Billion | CHF957.00 Million | ▼ -0.1 pp |
| 2000 | 68.8% | CHF2.18 Billion | CHF3.17 Billion | CHF3.08 Billion | CHF895.00 Million | ▼ -26.7 pp |
| 1999 | 95.5% | CHF2.74 Billion | CHF2.87 Billion | CHF3.42 Billion | CHF674.00 Million | ▲ +13.3 pp |
| 1998 | 82.2% | CHF2.46 Billion | CHF2.99 Billion | CHF3.15 Billion | CHF697.00 Million | ▲ +6.5 pp |
| 1997 | 75.7% | CHF2.13 Billion | CHF2.81 Billion | CHF2.67 Billion | CHF537.00 Million | — |