Grupa Azoty Zaklady Chemiczne Police SA (PCE) — Working Capital to Net Assets Ratio
Grupa Azoty Zaklady Chemiczne Police SA (PCE) has a Working Capital to Net Assets ratio of -233.8% as of September 2025. Working capital of zł-1.14 Billion (current assets of zł1.04 Billion minus current liabilities of zł2.18 Billion) is measured against net assets of zł486.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PCE net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Grupa Azoty Zaklady Chemiczne Police SA Working Capital to Net Assets (2005–2024)
This chart shows how Grupa Azoty Zaklady Chemiczne Police SA's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at -233.8%, reflecting working capital of zł-1.14 Billion against net assets of zł486.29 Million PLN. Check tangible net worth ratio of Grupa Azoty Zaklady Chemiczne Police SA to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Grupa Azoty Zaklady Chemiczne Police SA (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Grupa Azoty Zaklady Chemiczne Police 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 PCE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -169.2% | zł-1.11 Billion | zł657.54 Million | zł1.02 Billion | zł2.13 Billion | ▼ -40.3 pp |
| 2023 | -128.9% | zł-972.02 Million | zł754.37 Million | zł1.07 Billion | zł2.04 Billion | ▼ -117.8 pp |
| 2022 | -11.1% | zł-206.38 Million | zł1.87 Billion | zł1.57 Billion | zł1.77 Billion | ▲ +0.6 pp |
| 2021 | -11.7% | zł-216.32 Million | zł1.85 Billion | zł1.50 Billion | zł1.72 Billion | ▼ -3.2 pp |
| 2020 | -8.5% | zł-148.14 Million | zł1.74 Billion | zł749.72 Million | zł897.86 Million | ▼ -10.8 pp |
| 2019 | 2.3% | zł30.57 Million | zł1.34 Billion | zł1.10 Billion | zł1.07 Billion | ▼ -0.1 pp |
| 2018 | 2.3% | zł28.08 Million | zł1.20 Billion | zł731.43 Million | zł703.35 Million | ▲ +1.3 pp |
| 2017 | 1.1% | zł12.00 Million | zł1.12 Billion | zł639.04 Million | zł627.04 Million | ▲ +0.0 pp |
| 2016 | 1.1% | zł11.35 Million | zł1.07 Billion | zł575.94 Million | zł564.60 Million | ▼ -7.5 pp |
| 2015 | 8.6% | zł105.52 Million | zł1.23 Billion | zł658.47 Million | zł552.94 Million | ▲ +4.8 pp |
| 2014 | 3.8% | zł42.45 Million | zł1.11 Billion | zł709.48 Million | zł667.02 Million | ▼ -5.0 pp |
| 2013 | 8.8% | zł94.17 Million | zł1.07 Billion | zł712.80 Million | zł618.63 Million | ▼ -19.3 pp |
| 2012 | 28.1% | zł275.50 Million | zł979.10 Million | zł628.46 Million | zł352.96 Million | ▲ +0.9 pp |
| 2011 | 27.3% | zł238.78 Million | zł875.15 Million | zł646.92 Million | zł408.14 Million | ▲ +49.5 pp |
| 2010 | -22.2% | zł-125.39 Million | zł564.19 Million | zł483.41 Million | zł608.80 Million | ▲ +7.5 pp |
| 2009 | -29.7% | zł-160.19 Million | zł538.88 Million | zł416.48 Million | zł576.67 Million | ▼ -48.6 pp |
| 2008 | 18.9% | zł181.91 Million | zł962.59 Million | zł940.45 Million | zł758.54 Million | ▼ -7.8 pp |
| 2007 | 26.7% | zł249.15 Million | zł933.11 Million | zł558.97 Million | zł309.82 Million | ▼ -10.5 pp |
| 2006 | 37.2% | zł277.63 Million | zł746.93 Million | zł575.73 Million | zł298.10 Million | ▲ +2.5 pp |
| 2005 | 34.7% | zł383.09 Million | zł1.11 Billion | zł608.35 Million | zł225.25 Million | — |