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 73.9% 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 UHRN net asset quality score to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 73.9%, reflecting working capital of CHF8.61 Billion against net assets of CHF11.65 Billion CHF. Check Swatch Group AG Class N (UHRN) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see how much is Swatch Group AG Class N worth.
| 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 | — |