PNE AG Working Capital to Net Assets Ratio
PNE AG working capital to net assets ratio. PNE AG (PNE3) has a Working Capital to Net Assets ratio of 108.1% as of September 2025. Working capital of €173.00 Million (current assets of €429.10 Million minus current liabilities of €256.10 Million) is measured against net assets of €160.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of PNE AG 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 PNE AG (1998–2024)
Working capital to net assets ratio of PNE AG from 1998 to 2024. This chart shows how PNE AG's Working Capital to Net Assets ratio has evolved across 24 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 108.1%, reflecting working capital of €173.00 Million against net assets of €160.10 Million EUR. See PNE AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
PNE AG Working Capital to Net Assets Ratio by Year (1998–2024)
PNE AG working capital to net assets ratio by year from 1998 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for PNE AG from 1998 to 2024, covering 24 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 PNE3 asset base.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 146.4% | €285.00 Million | €194.70 Million | €511.70 Million | €226.70 Million | ▲ +8.0 pp |
| 2023 | 138.4% | €288.08 Million | €208.15 Million | €450.10 Million | €162.02 Million | ▲ +54.4 pp |
| 2022 | 84.0% | €194.98 Million | €232.16 Million | €334.83 Million | €139.85 Million | ▼ -30.6 pp |
| 2021 | 114.6% | €254.16 Million | €221.79 Million | €363.47 Million | €109.30 Million | ▼ -4.3 pp |
| 2020 | 118.9% | €238.38 Million | €200.56 Million | €346.59 Million | €108.21 Million | ▲ +49.2 pp |
| 2019 | 69.7% | €153.36 Million | €220.01 Million | €267.00 Million | €113.64 Million | ▼ -12.8 pp |
| 2018 | 82.6% | €178.54 Million | €216.27 Million | €272.88 Million | €94.34 Million | ▲ +27.6 pp |
| 2017 | 54.9% | €129.23 Million | €235.22 Million | €308.38 Million | €179.15 Million | ▼ -39.2 pp |
| 2016 | 94.1% | €215.85 Million | €229.39 Million | €289.77 Million | €73.92 Million | ▲ +2.3 pp |
| 2015 | 91.8% | €152.30 Million | €165.93 Million | €237.17 Million | €84.86 Million | ▼ -15.5 pp |
| 2014 | 107.3% | €171.92 Million | €160.19 Million | €266.95 Million | €95.03 Million | ▼ -15.7 pp |
| 2013 | 123.0% | €185.31 Million | €150.61 Million | €284.75 Million | €99.44 Million | ▲ +39.0 pp |
| 2012 | 84.0% | €72.75 Million | €86.59 Million | €99.09 Million | €26.34 Million | ▲ +63.7 pp |
| 2011 | 20.3% | €15.15 Million | €74.70 Million | €57.83 Million | €42.68 Million | ▼ -21.3 pp |
| 2010 | 41.5% | €33.93 Million | €81.69 Million | €73.70 Million | €39.77 Million | ▲ +35.9 pp |
| 2009 | 5.6% | €3.96 Million | €70.51 Million | €74.88 Million | €70.92 Million | ▼ -130.3 pp |
| 2008 | 135.9% | €74.26 Million | €54.64 Million | €198.20 Million | €123.93 Million | ▲ +491.0 pp |
| 2005 | -355.1% | €12.36 Million | €-3.48 Million | €59.18 Million | €46.82 Million | ▼ -630.4 pp |
| 2004 | 275.3% | €58.63 Million | €21.29 Million | €92.83 Million | €34.21 Million | ▲ +145.1 pp |
| 2003 | 130.2% | €239.58 Million | €183.98 Million | €276.76 Million | €37.18 Million | ▼ -43.3 pp |
| 2002 | 173.5% | €291.16 Million | €167.84 Million | €331.69 Million | €40.53 Million | ▲ +106.3 pp |
| 2000 | 67.2% | €1.80 Million | €2.68 Million | €10.27 Million | €8.47 Million | ▲ +156.8 pp |
| 1999 | -89.6% | €-172.55K | €192.51K | €782.23K | €954.79K | ▼ -232.9 pp |
| 1998 | 143.2% | €-811.04K | €-566.28K | €226.82K | €1.04 Million | — |