Fresenius SE & Co. KGaA (FRE) — Working Capital to Net Assets Ratio
Fresenius SE & Co. KGaA (FRE) has a Working Capital to Net Assets ratio of 13.0% as of September 2025. Working capital of €2.50 Billion (current assets of €12.06 Billion minus current liabilities of €9.56 Billion) is measured against net assets of €19.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fresenius SE & Co. KGaA balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fresenius SE & Co. KGaA Working Capital to Net Assets (2002–2024)
This chart shows how Fresenius SE & Co. KGaA's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 13.0%, reflecting working capital of €2.50 Billion against net assets of €19.27 Billion EUR. Check tangible equity quality of Fresenius SE & Co. KGaA to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fresenius SE & Co. KGaA (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fresenius SE & Co. KGaA from 2002 to 2024, covering 23 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 FRE market cap.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.0% | €2.44 Billion | €20.29 Billion | €11.45 Billion | €9.01 Billion | ▼ -4.2 pp |
| 2023 | 16.2% | €3.19 Billion | €19.65 Billion | €12.52 Billion | €9.33 Billion | ▲ +1.9 pp |
| 2022 | 14.3% | €4.62 Billion | €32.22 Billion | €18.28 Billion | €13.66 Billion | ▲ +6.2 pp |
| 2021 | 8.2% | €2.40 Billion | €29.29 Billion | €17.46 Billion | €15.06 Billion | ▼ -1.6 pp |
| 2020 | 9.8% | €2.56 Billion | €26.02 Billion | €15.77 Billion | €13.22 Billion | ▲ +4.6 pp |
| 2019 | 5.2% | €1.38 Billion | €26.58 Billion | €15.26 Billion | €13.88 Billion | ▼ -0.9 pp |
| 2018 | 6.1% | €1.51 Billion | €25.01 Billion | €14.79 Billion | €13.28 Billion | ▼ -2.9 pp |
| 2017 | 8.9% | €1.94 Billion | €21.72 Billion | €12.60 Billion | €10.66 Billion | ▼ -6.1 pp |
| 2016 | 15.1% | €3.25 Billion | €21.60 Billion | €11.80 Billion | €8.54 Billion | ▼ -3.4 pp |
| 2015 | 18.5% | €3.51 Billion | €18.95 Billion | €10.92 Billion | €7.41 Billion | ▲ +0.4 pp |
| 2014 | 18.1% | €2.92 Billion | €16.16 Billion | €10.03 Billion | €7.10 Billion | ▲ +3.9 pp |
| 2013 | 14.2% | €1.95 Billion | €13.73 Billion | €7.97 Billion | €6.02 Billion | ▼ -8.0 pp |
| 2012 | 22.2% | €2.92 Billion | €13.16 Billion | €8.11 Billion | €5.20 Billion | ▲ +11.2 pp |
| 2011 | 11.0% | €1.16 Billion | €10.58 Billion | €7.15 Billion | €5.99 Billion | ▲ +2.8 pp |
| 2010 | 8.2% | €724.00 Million | €8.84 Billion | €6.43 Billion | €5.71 Billion | ▼ -15.8 pp |
| 2009 | 24.0% | €1.83 Billion | €7.65 Billion | €5.36 Billion | €3.53 Billion | ▲ +10.9 pp |
| 2008 | 13.1% | €909.00 Million | €6.94 Billion | €5.08 Billion | €4.17 Billion | ▼ -79.2 pp |
| 2007 | 92.3% | €3.08 Billion | €3.34 Billion | €4.29 Billion | €1.21 Billion | ▼ -1.9 pp |
| 2006 | 94.2% | €2.92 Billion | €3.10 Billion | €4.11 Billion | €1.18 Billion | ▼ -0.6 pp |
| 2005 | 94.8% | €2.63 Billion | €2.78 Billion | €3.53 Billion | €899.00 Million | ▼ -43.9 pp |
| 2004 | 138.7% | €2.22 Billion | €1.60 Billion | €2.75 Billion | €531.00 Million | ▲ +119.5 pp |
| 2003 | 19.2% | €617.00 Million | €3.21 Billion | €2.74 Billion | €2.13 Billion | ▲ +4.4 pp |
| 2002 | 14.8% | €498.00 Million | €3.37 Billion | €2.74 Billion | €2.25 Billion | — |