Northern Data AG (NB2) — Working Capital to Net Assets Ratio
Northern Data AG (NB2) has a Working Capital to Net Assets ratio of 21.6% as of December 2024. Working capital of €181.07 Million (current assets of €288.21 Million minus current liabilities of €107.13 Million) is measured against net assets of €839.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Northern Data AG to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern Data AG Working Capital to Net Assets (2013–2025)
This chart shows how Northern Data AG's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2025. As of December 2024, the ratio stands at 21.6%, reflecting working capital of €181.07 Million against net assets of €839.83 Million EUR. See defensive interval ratio of Northern Data AG to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Northern Data AG (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Data AG from 2013 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 live market cap and the full company profile, see Northern Data AG market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 80.4% | €355.69 Million | €442.21 Million | €455.58 Million | €99.89 Million | ▲ +58.9 pp |
| 2024 | 21.6% | €181.07 Million | €839.83 Million | €288.21 Million | €107.13 Million | ▼ -52.9 pp |
| 2023 | 74.5% | €547.17 Million | €734.38 Million | €669.79 Million | €122.62 Million | ▲ +61.7 pp |
| 2022 | 12.8% | €45.95 Million | €359.41 Million | €127.05 Million | €81.10 Million | ▼ -15.0 pp |
| 2021 | 27.7% | €169.88 Million | €612.27 Million | €338.09 Million | €168.22 Million | ▲ +130.4 pp |
| 2020 | -102.6% | €-181.18 Million | €176.52 Million | €95.01 Million | €276.19 Million | ▼ -113.9 pp |
| 2019 | 11.2% | €-952.36K | €-8.47 Million | €3.50 Million | €4.45 Million | ▼ -91.4 pp |
| 2015 | 102.7% | €499.62K | €486.71K | €752.41K | €252.80K | ▲ +2.7 pp |
| 2013 | 100.0% | €46.99K | €46.99K | €47.02K | €30.00 | — |