Kernel Holding SA (KER) — Working Capital to Net Assets Ratio
Kernel Holding SA (KER) has a Working Capital to Net Assets ratio of 63.7% as of December 2025. Working capital of zł1.39 Billion (current assets of zł2.03 Billion minus current liabilities of zł637.57 Million) is measured against net assets of zł2.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Kernel Holding SA to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kernel Holding SA Working Capital to Net Assets (2005–2024)
This chart shows how Kernel Holding SA's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of December 2025, the ratio stands at 63.7%, reflecting working capital of zł1.39 Billion against net assets of zł2.18 Billion PLN. Check KER tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Kernel Holding SA (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kernel Holding SA from 2005 to 2024, 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 KER stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.2% | zł788.29 Million | zł1.87 Billion | zł2.16 Billion | zł1.37 Billion | ▲ +11.1 pp |
| 2023 | 31.2% | zł543.30 Million | zł1.74 Billion | zł2.44 Billion | zł1.90 Billion | ▲ +14.3 pp |
| 2022 | 16.9% | zł284.97 Million | zł1.69 Billion | zł2.52 Billion | zł2.24 Billion | ▼ -55.2 pp |
| 2021 | 72.1% | zł1.50 Billion | zł2.08 Billion | zł2.28 Billion | zł783.01 Million | ▼ -2.8 pp |
| 2020 | 74.9% | zł1.12 Billion | zł1.49 Billion | zł1.53 Billion | zł412.59 Million | ▲ +17.2 pp |
| 2019 | 57.7% | zł776.67 Million | zł1.35 Billion | zł1.26 Billion | zł479.76 Million | ▼ -4.2 pp |
| 2018 | 61.9% | zł728.75 Million | zł1.18 Billion | zł1.20 Billion | zł475.52 Million | ▼ -9.5 pp |
| 2017 | 71.4% | zł826.84 Million | zł1.16 Billion | zł1.12 Billion | zł293.85 Million | ▲ +36.6 pp |
| 2016 | 34.8% | zł347.16 Million | zł997.05 Million | zł720.47 Million | zł373.31 Million | ▲ +12.3 pp |
| 2015 | 22.5% | zł200.45 Million | zł890.84 Million | zł658.56 Million | zł458.10 Million | ▼ -4.2 pp |
| 2014 | 26.7% | zł275.17 Million | zł1.03 Billion | zł872.53 Million | zł597.36 Million | ▼ -2.3 pp |
| 2013 | 29.0% | zł392.19 Million | zł1.35 Billion | zł1.10 Billion | zł705.30 Million | ▼ -26.5 pp |
| 2012 | 55.5% | zł672.24 Million | zł1.21 Billion | zł1.12 Billion | zł448.80 Million | ▲ +13.9 pp |
| 2011 | 41.6% | zł414.73 Million | zł997.29 Million | zł809.72 Million | zł394.99 Million | ▲ +0.8 pp |
| 2010 | 40.8% | zł246.54 Million | zł604.89 Million | zł598.70 Million | zł352.16 Million | ▼ -10.5 pp |
| 2009 | 51.3% | zł183.33 Million | zł357.46 Million | zł378.38 Million | zł195.05 Million | ▲ +7.6 pp |
| 2008 | 43.6% | zł192.21 Million | zł440.42 Million | zł377.33 Million | zł185.12 Million | ▼ -29.4 pp |
| 2007 | 73.0% | zł56.79 Million | zł77.76 Million | zł115.97 Million | zł59.18 Million | ▲ +2.7 pp |
| 2006 | 70.3% | zł33.45 Million | zł47.56 Million | zł67.97 Million | zł34.51 Million | ▲ +47.2 pp |
| 2005 | 23.2% | zł11.20 Million | zł48.39 Million | zł39.08 Million | zł27.88 Million | — |