Voxel S.A. (VOX) — Working Capital to Net Assets Ratio
Voxel S.A. (VOX) has a Working Capital to Net Assets ratio of 13.8% as of December 2025. Working capital of zł57.31 Million (current assets of zł202.26 Million minus current liabilities of zł144.95 Million) is measured against net assets of zł415.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Voxel S.A. (VOX) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Voxel S.A. Working Capital to Net Assets (2010–2025)
This chart shows how Voxel S.A.'s Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 13.8%, reflecting working capital of zł57.31 Million against net assets of zł415.63 Million PLN. Check Voxel S.A. tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Voxel S.A. (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Voxel S.A. from 2010 to 2025, covering 16 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 Voxel S.A. market cap and net worth.
| Year | WC/NA Ratio | Working Capital (PLN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.8% | zł57.31 Million | zł415.63 Million | zł202.26 Million | zł144.95 Million | ▲ +3.7 pp |
| 2024 | 10.1% | zł36.86 Million | zł366.64 Million | zł209.30 Million | zł172.44 Million | ▼ -13.6 pp |
| 2023 | 23.6% | zł69.74 Million | zł295.41 Million | zł182.04 Million | zł112.30 Million | ▲ +6.8 pp |
| 2022 | 16.8% | zł41.07 Million | zł243.91 Million | zł132.12 Million | zł91.04 Million | ▼ -9.2 pp |
| 2021 | 26.1% | zł60.11 Million | zł230.53 Million | zł157.93 Million | zł97.82 Million | ▲ +46.8 pp |
| 2020 | -20.8% | zł-37.61 Million | zł181.17 Million | zł118.42 Million | zł156.03 Million | ▼ -28.2 pp |
| 2019 | 7.4% | zł11.60 Million | zł155.77 Million | zł77.21 Million | zł65.62 Million | ▼ -7.9 pp |
| 2018 | 15.4% | zł22.02 Million | zł143.25 Million | zł76.33 Million | zł54.31 Million | ▲ +8.5 pp |
| 2017 | 6.8% | zł8.92 Million | zł130.46 Million | zł66.38 Million | zł57.46 Million | ▲ +21.8 pp |
| 2016 | -15.0% | zł-17.41 Million | zł116.38 Million | zł45.36 Million | zł62.77 Million | ▲ +1.0 pp |
| 2015 | -16.0% | zł-17.75 Million | zł111.15 Million | zł45.74 Million | zł63.49 Million | ▼ -12.5 pp |
| 2014 | -3.5% | zł-3.58 Million | zł103.47 Million | zł42.56 Million | zł46.14 Million | ▲ +1.9 pp |
| 2013 | -5.3% | zł-5.79 Million | zł108.89 Million | zł40.18 Million | zł45.98 Million | ▲ +9.0 pp |
| 2012 | -14.4% | zł-11.86 Million | zł82.64 Million | zł14.94 Million | zł26.80 Million | ▲ +31.9 pp |
| 2011 | -46.2% | zł-38.56 Million | zł83.39 Million | zł42.16 Million | zł80.71 Million | ▲ +4.5 pp |
| 2010 | -50.8% | zł-36.74 Million | zł72.36 Million | zł34.78 Million | zł71.52 Million | — |