Swatch Group AG Class N (UHRN) — Working Capital to Net Assets Ratio
Swatch Group AG Class N (UHRN) has a Working Capital to Net Assets ratio of 73.7% as of June 2026. Working capital of CHF8.47 Billion (current assets of CHF9.74 Billion minus current liabilities of CHF1.26 Billion) is measured against net assets of CHF11.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See UHRN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Swatch Group AG Class N Working Capital to Net Assets (1997–2025)
This chart shows how Swatch Group AG Class N's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 73.7%, reflecting working capital of CHF8.47 Billion against net assets of CHF11.50 Billion CHF. For the complete balance sheet picture, see Swatch Group AG Class N balance sheet assets.
Annual Working Capital to Net Assets for Swatch Group AG Class N (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Swatch Group AG Class N 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 UHRN 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 | 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 | — |