Polski Holding Nieruchomości SA (PHN) — Working Capital to Net Assets Ratio
Polski Holding Nieruchomości SA (PHN) has a Working Capital to Net Assets ratio of -17.2% as of March 2026. Working capital of zł-391.60 Million (current assets of zł541.30 Million minus current liabilities of zł932.90 Million) is measured against net assets of zł2.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Polski Holding Nieruchomości SA to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Polski Holding Nieruchomości SA Working Capital to Net Assets (2011–2024)
This chart shows how Polski Holding Nieruchomości SA's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of March 2026, the ratio stands at -17.2%, reflecting working capital of zł-391.60 Million against net assets of zł2.27 Billion PLN. See PHN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Polski Holding Nieruchomości SA (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Polski Holding Nieruchomości SA from 2011 to 2024, covering 14 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 Polski Holding Nieruchomości SA (PHN) market capitalisation.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -5.9% | zł-121.50 Million | zł2.05 Billion | zł596.50 Million | zł718.00 Million | ▲ +15.4 pp |
| 2023 | -21.3% | zł-476.40 Million | zł2.24 Billion | zł562.00 Million | zł1.04 Billion | ▼ 0.0 pp |
| 2022 | -21.3% | zł-516.00 Million | zł2.42 Billion | zł359.20 Million | zł875.20 Million | ▼ -19.9 pp |
| 2021 | -1.4% | zł-34.10 Million | zł2.39 Billion | zł449.40 Million | zł483.50 Million | ▼ -18.7 pp |
| 2020 | 17.2% | zł396.40 Million | zł2.30 Billion | zł763.50 Million | zł367.10 Million | ▲ +18.2 pp |
| 2019 | -1.0% | zł-23.00 Million | zł2.28 Billion | zł604.00 Million | zł627.00 Million | ▲ +0.4 pp |
| 2018 | -1.4% | zł-28.70 Million | zł2.05 Billion | zł286.80 Million | zł315.50 Million | ▼ -8.3 pp |
| 2017 | 6.9% | zł138.60 Million | zł2.01 Billion | zł238.40 Million | zł99.80 Million | ▲ +1.3 pp |
| 2016 | 5.6% | zł111.70 Million | zł1.99 Billion | zł216.00 Million | zł104.30 Million | ▼ -3.7 pp |
| 2015 | 9.3% | zł183.50 Million | zł1.98 Billion | zł370.20 Million | zł186.70 Million | ▲ +3.2 pp |
| 2014 | 6.0% | zł120.40 Million | zł2.00 Billion | zł304.50 Million | zł184.10 Million | ▼ -5.6 pp |
| 2013 | 11.6% | zł230.70 Million | zł1.99 Billion | zł483.00 Million | zł252.30 Million | ▼ -0.8 pp |
| 2012 | 12.4% | zł232.90 Million | zł1.89 Billion | zł316.70 Million | zł83.80 Million | ▲ +2.3 pp |
| 2011 | 10.1% | zł208.80 Million | zł2.07 Billion | zł318.00 Million | zł109.20 Million | — |