PNE AG (PNE3) — 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. See PNE3 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PNE AG Working Capital to Net Assets (1998–2024)
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. Check PNE3 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PNE AG (1998–2024)
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 live market cap and the full company profile, see PNE AG stock valuation.
| 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 | — |