Arctic Paper SA (ATC) — Working Capital to Net Assets Ratio
Arctic Paper SA (ATC) has a Working Capital to Net Assets ratio of 29.2% as of September 2025. Working capital of zł515.87 Million (current assets of zł1.18 Billion minus current liabilities of zł667.73 Million) is measured against net assets of zł1.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Arctic Paper SA net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Arctic Paper SA Working Capital to Net Assets (2008–2024)
This chart shows how Arctic Paper SA's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 29.2%, reflecting working capital of zł515.87 Million against net assets of zł1.77 Billion PLN. Check Arctic Paper SA tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Arctic Paper SA (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Arctic Paper SA from 2008 to 2024, covering 17 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 market cap of Arctic Paper SA.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 36.9% | zł651.96 Million | zł1.77 Billion | zł1.26 Billion | zł612.68 Million | ▼ -6.9 pp |
| 2023 | 43.8% | zł789.00 Million | zł1.80 Billion | zł1.43 Billion | zł641.62 Million | ▼ -8.6 pp |
| 2022 | 52.4% | zł1.08 Billion | zł2.05 Billion | zł1.88 Billion | zł806.91 Million | ▲ +23.0 pp |
| 2021 | 29.4% | zł365.45 Million | zł1.24 Billion | zł1.09 Billion | zł722.06 Million | ▲ +0.1 pp |
| 2020 | 29.3% | zł303.12 Million | zł1.03 Billion | zł942.14 Million | zł639.02 Million | ▼ -1.3 pp |
| 2019 | 30.6% | zł266.75 Million | zł870.53 Million | zł954.85 Million | zł688.10 Million | ▼ -0.1 pp |
| 2018 | 30.7% | zł264.61 Million | zł861.19 Million | zł1.12 Billion | zł853.60 Million | ▼ -16.8 pp |
| 2017 | 47.5% | zł376.06 Million | zł791.29 Million | zł953.96 Million | zł577.90 Million | ▲ +8.9 pp |
| 2016 | 38.7% | zł287.19 Million | zł742.90 Million | zł885.74 Million | zł598.54 Million | ▲ +6.3 pp |
| 2015 | 32.3% | zł218.79 Million | zł676.86 Million | zł982.57 Million | zł763.78 Million | ▼ -13.0 pp |
| 2014 | 45.3% | zł328.48 Million | zł725.07 Million | zł919.05 Million | zł590.57 Million | ▲ +19.2 pp |
| 2013 | 26.1% | zł175.03 Million | zł671.53 Million | zł859.81 Million | zł684.77 Million | ▲ +3.5 pp |
| 2012 | 22.6% | zł189.56 Million | zł839.13 Million | zł974.90 Million | zł785.34 Million | ▼ -4.0 pp |
| 2011 | 26.6% | zł179.83 Million | zł675.56 Million | zł792.10 Million | zł612.27 Million | ▲ +23.7 pp |
| 2010 | 2.9% | zł19.66 Million | zł667.94 Million | zł762.27 Million | zł742.61 Million | ▼ -44.0 pp |
| 2009 | 46.9% | zł290.00 Million | zł618.03 Million | zł570.25 Million | zł280.25 Million | ▲ +2.3 pp |
| 2008 | 44.6% | zł167.35 Million | zł374.99 Million | zł545.88 Million | zł378.53 Million | — |