Valiant Holding AG (VATN) — Working Capital to Net Assets Ratio
Valiant Holding AG (VATN) has a Working Capital to Net Assets ratio of 49.5% as of December 2025. Working capital of CHF1.37 Billion (current assets of CHF4.24 Billion minus current liabilities of CHF2.87 Billion) is measured against net assets of CHF2.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Valiant Holding AG (VATN) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Valiant Holding AG Working Capital to Net Assets (2005–2025)
This chart shows how Valiant Holding AG's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 49.5%, reflecting working capital of CHF1.37 Billion against net assets of CHF2.76 Billion CHF. Check VATN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Valiant Holding AG (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Valiant Holding AG from 2005 to 2025, covering 20 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 Valiant Holding AG market capitalisation.
| Year | WC/NA Ratio | Working Capital (CHF) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 49.5% | CHF1.37 Billion | CHF2.76 Billion | CHF4.24 Billion | CHF2.87 Billion | ▲ +779.1 pp |
| 2024 | -729.6% | CHF-19.53 Billion | CHF2.68 Billion | CHF4.26 Billion | CHF23.80 Billion | ▼ -4.4 pp |
| 2023 | -725.2% | CHF-18.68 Billion | CHF2.58 Billion | CHF4.83 Billion | CHF23.50 Billion | ▼ -734.6 pp |
| 2022 | 9.4% | CHF2.57 Billion | CHF27.30 Billion | CHF5.13 Billion | CHF2.56 Billion | ▼ -0.9 pp |
| 2021 | 10.3% | CHF2.83 Billion | CHF27.43 Billion | CHF6.35 Billion | CHF3.51 Billion | ▲ +1.6 pp |
| 2020 | 8.7% | CHF2.26 Billion | CHF25.94 Billion | CHF5.31 Billion | CHF3.06 Billion | ▼ -1.9 pp |
| 2019 | 10.6% | CHF2.38 Billion | CHF22.53 Billion | CHF3.94 Billion | CHF1.56 Billion | ▲ +738.5 pp |
| 2018 | -727.9% | CHF-16.50 Billion | CHF2.27 Billion | CHF2.15 Billion | CHF18.65 Billion | ▲ +22.6 pp |
| 2017 | -750.4% | CHF-16.53 Billion | CHF2.20 Billion | CHF2.71 Billion | CHF19.24 Billion | ▲ +8.6 pp |
| 2016 | -759.1% | CHF-16.15 Billion | CHF2.13 Billion | CHF2.37 Billion | CHF18.53 Billion | ▲ +19.3 pp |
| 2015 | -778.4% | CHF-15.97 Billion | CHF2.05 Billion | CHF1.95 Billion | CHF17.92 Billion | ▲ +9.7 pp |
| 2014 | -788.1% | CHF-15.65 Billion | CHF1.99 Billion | CHF1.89 Billion | CHF17.54 Billion | ▼ -10.9 pp |
| 2013 | -777.2% | CHF-15.08 Billion | CHF1.94 Billion | CHF1.94 Billion | CHF17.02 Billion | ▼ -868.9 pp |
| 2012 | 91.7% | CHF1.74 Billion | CHF1.90 Billion | CHF1.85 Billion | CHF112.25 Million | ▲ +1806.0 pp |
| 2011 | -1714.3% | CHF-31.51 Billion | CHF1.84 Billion | CHF1.99 Billion | CHF33.50 Billion | ▼ -800.6 pp |
| 2010 | -913.8% | CHF-14.63 Billion | CHF1.60 Billion | CHF1.49 Billion | CHF16.12 Billion | ▼ -25.3 pp |
| 2009 | -888.4% | CHF-14.56 Billion | CHF1.64 Billion | CHF389.70 Million | CHF14.95 Billion | ▼ -124.8 pp |
| 2008 | -763.6% | CHF-12.47 Billion | CHF1.63 Billion | CHF317.44 Million | CHF12.79 Billion | ▼ -87.3 pp |
| 2007 | -676.3% | CHF-11.14 Billion | CHF1.65 Billion | CHF626.12 Million | CHF11.76 Billion | ▼ -523.8 pp |
| 2005 | -152.4% | CHF-2.29 Billion | CHF1.50 Billion | CHF191.43 Million | CHF2.48 Billion | — |