Vonovia SE (VNA) — Working Capital to Net Assets Ratio
Vonovia SE (VNA) has a Working Capital to Net Assets ratio of 1.6% as of September 2025. Working capital of €514.30 Million (current assets of €6.51 Billion minus current liabilities of €6.00 Billion) is measured against net assets of €31.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VNA financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vonovia SE Working Capital to Net Assets (2005–2024)
This chart shows how Vonovia SE's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 1.6%, reflecting working capital of €514.30 Million against net assets of €31.56 Billion EUR. See Vonovia SE (VNA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Vonovia SE (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vonovia SE from 2005 to 2024, covering 20 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 Vonovia SE stock valuation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.6% | €444.60 Million | €28.13 Billion | €7.91 Billion | €7.46 Billion | ▼ -4.2 pp |
| 2023 | 5.8% | €1.74 Billion | €29.94 Billion | €6.87 Billion | €5.14 Billion | ▲ +6.2 pp |
| 2022 | -0.4% | €-124.20 Million | €34.44 Billion | €5.35 Billion | €5.48 Billion | ▲ +5.9 pp |
| 2021 | -6.3% | €-2.29 Billion | €36.55 Billion | €6.78 Billion | €9.06 Billion | ▼ -1.7 pp |
| 2020 | -4.6% | €-1.13 Billion | €24.83 Billion | €1.79 Billion | €2.92 Billion | ▲ +6.1 pp |
| 2019 | -10.7% | €-2.25 Billion | €21.07 Billion | €1.43 Billion | €3.68 Billion | ▲ +1.5 pp |
| 2018 | -12.2% | €-2.40 Billion | €19.66 Billion | €1.75 Billion | €4.15 Billion | ▼ -3.5 pp |
| 2017 | -8.6% | €-1.44 Billion | €16.69 Billion | €796.70 Million | €2.24 Billion | ▼ -6.2 pp |
| 2016 | -2.5% | €-342.30 Million | €13.89 Billion | €2.06 Billion | €2.40 Billion | ▼ -24.3 pp |
| 2015 | 21.9% | €2.59 Billion | €11.87 Billion | €4.28 Billion | €1.69 Billion | ▲ +0.5 pp |
| 2014 | 21.4% | €1.28 Billion | €5.96 Billion | €1.78 Billion | €504.10 Million | ▲ +13.6 pp |
| 2013 | 7.8% | €296.10 Million | €3.82 Billion | €740.20 Million | €444.10 Million | ▲ +20.0 pp |
| 2012 | -12.3% | €-328.90 Million | €2.68 Billion | €661.50 Million | €990.40 Million | ▲ +10.0 pp |
| 2011 | -22.3% | €-496.20 Million | €2.23 Billion | €411.10 Million | €907.30 Million | ▼ -64.7 pp |
| 2010 | 42.5% | €772.40 Million | €1.82 Billion | €1.67 Billion | €892.70 Million | ▼ -26.9 pp |
| 2009 | 69.4% | €1.13 Billion | €1.63 Billion | €2.01 Billion | €875.20 Million | ▼ -33.8 pp |
| 2008 | 103.2% | €1.50 Billion | €1.46 Billion | €2.36 Billion | €853.80 Million | ▼ -2.9 pp |
| 2007 | 106.2% | €1.85 Billion | €1.74 Billion | €2.83 Billion | €987.70 Million | ▼ -35.2 pp |
| 2006 | 141.4% | €2.39 Billion | €1.69 Billion | €3.87 Billion | €1.48 Billion | ▼ -147.6 pp |
| 2005 | 289.0% | €2.98 Billion | €1.03 Billion | €4.06 Billion | €1.08 Billion | — |