Banco Macro SA B (BMA) — Working Capital to Net Assets Ratio
Banco Macro SA B (BMA) has a Working Capital to Net Assets ratio of -46.2% as of June 2024. Working capital of AR$-1.47 Trillion (current assets of AR$2.08 Trillion minus current liabilities of AR$3.55 Trillion) is measured against net assets of AR$3.19 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BMA net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Banco Macro SA B Working Capital to Net Assets (2015–2023)
This chart shows how Banco Macro SA B's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of June 2024, the ratio stands at -46.2%, reflecting working capital of AR$-1.47 Trillion against net assets of AR$3.19 Trillion ARS. Check BMA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Banco Macro SA B (2015–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Banco Macro SA B from 2015 to 2023, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Banco Macro SA B.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -7.5% | AR$-154.27 Billion | AR$2.04 Trillion | AR$2.07 Trillion | AR$2.23 Trillion | ▼ -11.6 pp |
| 2022 | 4.1% | AR$253.70 Billion | AR$6.23 Trillion | AR$1.56 Trillion | AR$1.31 Trillion | ▲ +17.4 pp |
| 2021 | -13.3% | AR$-244.96 Billion | AR$1.84 Trillion | AR$459.04 Billion | AR$704.00 Billion | ▲ +42.7 pp |
| 2020 | -56.0% | AR$-613.71 Billion | AR$1.10 Trillion | AR$253.31 Billion | AR$867.02 Billion | ▼ -140.6 pp |
| 2019 | 84.6% | AR$75.98 Billion | AR$89.81 Billion | AR$106.84 Billion | AR$30.86 Billion | ▲ +294.0 pp |
| 2018 | -209.4% | AR$-127.54 Billion | AR$60.91 Billion | AR$137.17 Billion | AR$264.72 Billion | ▲ +142.3 pp |
| 2017 | -351.7% | AR$-151.68 Billion | AR$43.13 Billion | AR$89.64 Billion | AR$241.32 Billion | ▼ -51.5 pp |
| 2016 | -300.2% | AR$-66.36 Billion | AR$22.11 Billion | AR$47.44 Billion | AR$113.80 Billion | ▲ +16.6 pp |
| 2015 | -316.9% | AR$-50.72 Billion | AR$16.01 Billion | AR$27.53 Billion | AR$78.25 Billion | — |