Siemens Energy AG (ENR) — Working Capital to Net Assets Ratio
Siemens Energy AG (ENR) has a Working Capital to Net Assets ratio of -38.5% as of June 2026. Working capital of €-4.30 Billion (current assets of €40.61 Billion minus current liabilities of €44.91 Billion) is measured against net assets of €11.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Siemens Energy AG Working Capital to Net Assets (2017–2025)
This chart shows how Siemens Energy AG's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at -38.5%, reflecting working capital of €-4.30 Billion against net assets of €11.17 Billion EUR. See Siemens Energy AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Siemens Energy AG (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Siemens Energy AG from 2017 to 2025, covering 9 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 the complete balance sheet picture, see total assets of Siemens Energy AG.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -37.8% | €-4.04 Billion | €10.68 Billion | €34.45 Billion | €38.49 Billion | ▼ -1.6 pp |
| 2024 | -36.2% | €-3.39 Billion | €9.36 Billion | €30.08 Billion | €33.47 Billion | ▲ +21.0 pp |
| 2023 | -57.3% | €-5.03 Billion | €8.79 Billion | €26.57 Billion | €31.60 Billion | ▼ -61.5 pp |
| 2022 | 4.2% | €724.00 Million | €17.19 Billion | €28.66 Billion | €27.94 Billion | ▼ -1.0 pp |
| 2021 | 5.2% | €795.00 Million | €15.22 Billion | €23.40 Billion | €22.60 Billion | ▼ -0.5 pp |
| 2020 | 5.8% | €885.00 Million | €15.39 Billion | €22.55 Billion | €21.67 Billion | ▼ -5.2 pp |
| 2019 | 10.9% | €1.43 Billion | €13.09 Billion | €24.92 Billion | €23.49 Billion | ▼ -13.3 pp |
| 2018 | 24.2% | €2.59 Billion | €10.70 Billion | €26.01 Billion | €23.42 Billion | ▼ -13.4 pp |
| 2017 | 37.5% | €4.25 Billion | €11.32 Billion | €26.47 Billion | €22.22 Billion | — |