Volkswagen AG (VOW) — Working Capital to Net Assets Ratio
Volkswagen AG (VOW) has a Working Capital to Net Assets ratio of 8.6% as of June 2026. Working capital of €17.41 Billion (current assets of €269.46 Billion minus current liabilities of €252.05 Billion) is measured against net assets of €202.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Volkswagen AG to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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 June 2026, the ratio stands at 8.6%, reflecting working capital of €17.41 Billion against net assets of €202.46 Billion EUR. For the complete balance sheet picture, see VOW total assets.
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. Check asset resilience ratio of Volkswagen AG to evaluate the company's liquid asset resilience ratio.
| 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 | — |