Volkswagen AG (VOW) — Working Capital to Net Assets Ratio

Latest as of March 2026: 9.1%

Volkswagen AG (VOW) has a Working Capital to Net Assets ratio of 9.1% as of March 2026. Working capital of €17.41 Billion (current assets of €267.47 Billion minus current liabilities of €250.06 Billion) is measured against net assets of €191.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Volkswagen AG (VOW) net asset quality to measure how much of total assets are equity-financed.

WC/NA Ratio

9.1%
Working Capital / Net Assets

Working Capital

€17.41 Billion
EUR

Current Assets

€267.47 Billion
EUR

Current Liabilities

€250.06 Billion
EUR

Volkswagen AG Working Capital to Net Assets (2000–2025)

This chart shows how Volkswagen AG's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 9.1%, reflecting working capital of €17.41 Billion against net assets of €191.01 Billion EUR. Check VOW intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Volkswagen AG (2000–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Volkswagen AG from 2000 to 2025, covering 26 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 VOW market cap overview.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 14.4% €27.25 Billion €188.78 Billion €253.78 Billion €226.53 Billion ▲ +0.1 pp
2024 14.3% €28.19 Billion €196.73 Billion €245.23 Billion €217.04 Billion ▼ -3.5 pp
2023 17.8% €33.77 Billion €189.91 Billion €239.64 Billion €205.87 Billion ▼ -5.5 pp
2022 23.2% €41.44 Billion €178.33 Billion €224.16 Billion €182.72 Billion ▼ -1.4 pp
2021 24.6% €35.95 Billion €146.15 Billion €200.35 Billion €164.39 Billion ▲ +1.7 pp
2020 22.9% €29.53 Billion €128.78 Billion €194.94 Billion €165.41 Billion ▲ +7.1 pp
2019 15.8% €19.54 Billion €123.65 Billion €187.46 Billion €167.92 Billion ▲ +2.5 pp
2018 13.3% €15.57 Billion €117.34 Billion €183.54 Billion €167.97 Billion ▲ +13.5 pp
2017 -0.3% €-277.00 Million €109.08 Billion €160.11 Billion €160.39 Billion ▲ +23.2 pp
2016 -23.5% €-21.79 Billion €92.91 Billion €155.72 Billion €177.51 Billion ▼ -19.9 pp
2015 -3.5% €-3.10 Billion €88.27 Billion €145.39 Billion €148.49 Billion ▼ -4.0 pp
2014 0.4% €396.00 Million €90.19 Billion €131.10 Billion €130.71 Billion ▼ -3.5 pp
2013 4.0% €3.57 Billion €90.04 Billion €122.19 Billion €118.62 Billion ▼ -5.2 pp
2012 9.2% €7.54 Billion €82.00 Billion €113.06 Billion €105.53 Billion ▲ +2.2 pp
2011 7.0% €4.43 Billion €63.53 Billion €105.64 Billion €101.20 Billion ▼ -11.6 pp
2010 18.5% €9.04 Billion €48.71 Billion €85.94 Billion €76.90 Billion ▼ -3.5 pp
2009 22.0% €8.24 Billion €37.43 Billion €77.78 Billion €69.53 Billion ▼ -8.4 pp
2008 30.4% €11.36 Billion €37.39 Billion €76.16 Billion €64.80 Billion ▼ -8.6 pp
2007 39.0% €12.45 Billion €31.94 Billion €68.52 Billion €56.07 Billion ▲ +10.3 pp
2006 28.7% €7.74 Billion €26.96 Billion €61.23 Billion €53.48 Billion ▲ +9.5 pp
2005 19.2% €4.54 Billion €23.65 Billion €57.85 Billion €53.31 Billion ▼ -10.3 pp
2004 29.5% €6.70 Billion €22.68 Billion €55.39 Billion €48.69 Billion ▲ +17.9 pp
2003 11.6% €2.77 Billion €23.86 Billion €50.78 Billion €48.01 Billion ▼ -88.8 pp
2002 100.4% €24.79 Billion €24.69 Billion €64.26 Billion €39.48 Billion ▲ +18.3 pp
2001 82.1% €19.75 Billion €24.05 Billion €63.01 Billion €43.26 Billion ▲ +0.5 pp
2000 81.6% €17.47 Billion €21.42 Billion €56.81 Billion €39.34 Billion —
pp = percentage points