Hornbach Holding VZO O.N. (HBH) — Working Capital to Net Assets Ratio
Hornbach Holding VZO O.N. (HBH) has a Working Capital to Net Assets ratio of 25.4% as of November 2025. Working capital of €555.30 Million (current assets of €1.77 Billion minus current liabilities of €1.21 Billion) is measured against net assets of €2.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hornbach Holding VZO O.N. leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hornbach Holding VZO O.N. Working Capital to Net Assets (2004–2025)
This chart shows how Hornbach Holding VZO O.N.'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of November 2025, the ratio stands at 25.4%, reflecting working capital of €555.30 Million against net assets of €2.19 Billion EUR. See HBH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hornbach Holding VZO O.N. (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hornbach Holding VZO O.N. from 2004 to 2025, covering 22 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 market value of Hornbach Holding VZO O.N..
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.3% | €595.99 Million | €2.03 Billion | €1.78 Billion | €1.18 Billion | ▼ -6.5 pp |
| 2024 | 35.8% | €697.98 Million | €1.95 Billion | €1.76 Billion | €1.06 Billion | ▲ +2.0 pp |
| 2023 | 33.8% | €641.60 Million | €1.90 Billion | €2.01 Billion | €1.37 Billion | ▼ -2.9 pp |
| 2022 | 36.8% | €647.56 Million | €1.76 Billion | €1.73 Billion | €1.08 Billion | ▼ -5.5 pp |
| 2021 | 42.3% | €749.29 Million | €1.77 Billion | €1.59 Billion | €845.50 Million | ▼ -1.2 pp |
| 2020 | 43.4% | €697.02 Million | €1.60 Billion | €1.36 Billion | €666.10 Million | ▲ +14.7 pp |
| 2019 | 28.8% | €433.96 Million | €1.51 Billion | €1.24 Billion | €804.29 Million | ▼ -2.1 pp |
| 2018 | 30.9% | €451.49 Million | €1.46 Billion | €963.22 Million | €511.73 Million | ▼ -1.7 pp |
| 2017 | 32.5% | €454.76 Million | €1.40 Billion | €981.25 Million | €526.49 Million | ▼ -3.2 pp |
| 2016 | 35.7% | €476.75 Million | €1.33 Billion | €1.08 Billion | €608.20 Million | ▼ -10.6 pp |
| 2015 | 46.3% | €583.95 Million | €1.26 Billion | €1.07 Billion | €490.94 Million | ▼ -1.1 pp |
| 2014 | 47.4% | €552.18 Million | €1.16 Billion | €1.05 Billion | €499.71 Million | ▲ +0.6 pp |
| 2013 | 46.9% | €513.51 Million | €1.10 Billion | €966.07 Million | €452.56 Million | ▲ +0.1 pp |
| 2012 | 46.8% | €487.29 Million | €1.04 Billion | €1.03 Billion | €539.89 Million | ▼ -3.7 pp |
| 2011 | 50.5% | €485.67 Million | €962.37 Million | €1.07 Billion | €582.21 Million | ▼ -8.3 pp |
| 2010 | 58.8% | €506.61 Million | €861.46 Million | €911.14 Million | €404.53 Million | ▲ +4.8 pp |
| 2009 | 54.0% | €421.28 Million | €780.47 Million | €923.72 Million | €502.44 Million | ▼ -0.8 pp |
| 2008 | 54.7% | €376.36 Million | €687.56 Million | €855.16 Million | €478.80 Million | ▼ -2.6 pp |
| 2007 | 57.4% | €361.20 Million | €629.68 Million | €806.93 Million | €445.73 Million | ▲ +2.1 pp |
| 2006 | 55.2% | €308.46 Million | €558.61 Million | €802.32 Million | €493.86 Million | ▲ +1.0 pp |
| 2005 | 54.2% | €290.51 Million | €535.96 Million | €685.96 Million | €395.45 Million | ▲ +38.7 pp |
| 2004 | 15.5% | €78.46 Million | €505.63 Million | €603.14 Million | €524.68 Million | — |