Voxel S.A. (VOX) — Working Capital to Net Assets Ratio
Voxel S.A. (VOX) has a Working Capital to Net Assets ratio of 20.4% as of March 2026. Working capital of zł91.59 Million (current assets of zł231.59 Million minus current liabilities of zł140.00 Million) is measured against net assets of zł448.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VOX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 March 2026, the ratio stands at 20.4%, reflecting working capital of zł91.59 Million against net assets of zł448.06 Million PLN. For the complete balance sheet picture, see Voxel S.A. (VOX) total assets.
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. Check Voxel S.A. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |