hGears AG annual working capital
2018
2019
2020
2021
2022
2023
2024
2025
hGears AG Working Capital Growth & History (HGEA)
hGears AG's working capital was −€940,000 for fiscal 2025.
View full hGears AG company overviewhGears AG annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −€940,000 | −€8.2M | — |
| 2024 | 2024-12-31 | €7.2M | −€850,000 | −10.52% |
| 2023 | 2023-12-31 | €8.1M | −€31.1M | −79.40% |
| 2022 | 2022-12-31 | €39.2M | −€2.5M | −5.99% |
| 2021 | 2021-12-31 | €41.7M | €36.7M | +723.08% |
| 2020 | 2020-12-31 | €5.1M | −€2.3M | −31.02% |
| 2019 | 2019-12-31 | €7.3M | −€630,000 | −7.89% |
| 2018 | 2018-12-31 | €8.0M | — | — |
hGears AG quarterly working capital
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −€5.3M | −€7.3M | — |
| Q4 2025 | 2025-12-31 | −€937,000 | −€8.2M | — |
| Q2 2025 | 2025-06-30 | €2.0M | — | — |
| Q4 2024 | 2024-12-31 | €7.2M | — | — |
hGears AG working capital trends
Over the last five fiscal years, hGears AG's working capital decreased from €5.1M to −€940,000, a change of −€6.0M. The latest reported quarter, Q2 2026, shows −€5.3M.
About the metric
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
Calculation and source
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review hGears AG source filings ↗Community posts
hGears' Schramberg subsidiary files for insolvency under self-administration
hGears announced on 7 September 2026 that hGears Schramberg GmbH applied for insolvency proceedings under self-administration at the Rottweil court. Cause and scope The subsidiary cannot meet its payment obligations, following insufficient ...