Noratis AG Working Capital to Net Assets Ratio
Noratis AG working capital to net assets ratio. Noratis AG (NUVA) has a Working Capital to Net Assets ratio of 550.0% as of June 2025. Working capital of €299.57 Million (current assets of €385.36 Million minus current liabilities of €85.79 Million) is measured against net assets of €54.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NUVA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Noratis AG (2014–2024)
Working capital to net assets ratio of Noratis AG from 2014 to 2024. This chart shows how Noratis AG's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 550.0%, reflecting working capital of €299.57 Million against net assets of €54.47 Million EUR. See NUVA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Noratis AG Working Capital to Net Assets Ratio by Year (2014–2024)
Noratis AG working capital to net assets ratio by year from 2014 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Noratis AG from 2014 to 2024, covering 11 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 NUVA total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 621.7% | €371.75 Million | €59.80 Million | €398.13 Million | €26.38 Million | ▲ +137.5 pp |
| 2023 | 484.1% | €414.81 Million | €85.68 Million | €456.32 Million | €41.52 Million | ▼ -20.1 pp |
| 2022 | 504.3% | €437.98 Million | €86.86 Million | €473.59 Million | €35.61 Million | ▲ +101.0 pp |
| 2021 | 403.2% | €327.81 Million | €81.30 Million | €434.59 Million | €106.78 Million | ▼ -77.0 pp |
| 2020 | 480.3% | €356.64 Million | €74.26 Million | €366.00 Million | €9.35 Million | ▲ +43.5 pp |
| 2019 | 436.8% | €229.75 Million | €52.60 Million | €258.74 Million | €28.99 Million | ▲ +63.1 pp |
| 2018 | 373.7% | €184.84 Million | €49.46 Million | €210.83 Million | €25.99 Million | ▼ -24.4 pp |
| 2017 | 398.1% | €116.54 Million | €29.27 Million | €126.64 Million | €10.10 Million | ▼ -560.3 pp |
| 2016 | 958.4% | €63.64 Million | €6.64 Million | €86.96 Million | €23.32 Million | ▼ -442.5 pp |
| 2015 | 1400.9% | €52.84 Million | €3.77 Million | €92.06 Million | €39.22 Million | ▼ -1195.9 pp |
| 2014 | 2596.8% | €36.23 Million | €1.40 Million | €48.42 Million | €12.20 Million | — |