Capex S.A Working Capital to Net Assets Ratio
Capex S.A working capital to net assets ratio. Capex S.A (CAPX) has a Working Capital to Net Assets ratio of -18.5% as of January 2026. Working capital of AR$-111.52 Billion (current assets of AR$204.26 Billion minus current liabilities of AR$315.78 Billion) is measured against net assets of AR$601.64 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check CAPX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Capex S.A (2016–2025)
Working capital to net assets ratio of Capex S.A from 2016 to 2025. This chart shows how Capex S.A's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of January 2026, the ratio stands at -18.5%, reflecting working capital of AR$-111.52 Billion against net assets of AR$601.64 Billion ARS. See how many days can Capex S.A fund operations to measure how many days the company can operate on defensive assets alone.
Capex S.A Working Capital to Net Assets Ratio by Year (2016–2025)
Capex S.A working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Capex S.A from 2016 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Capex S.A total assets.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -26.6% | AR$-138.27 Billion | AR$519.73 Billion | AR$104.83 Billion | AR$243.10 Billion | ▼ -16.8 pp |
| 2024 | -9.8% | AR$-50.35 Billion | AR$513.16 Billion | AR$175.41 Billion | AR$225.77 Billion | ▼ -4.9 pp |
| 2023 | -4.9% | AR$-18.76 Billion | AR$379.32 Billion | AR$91.28 Billion | AR$110.04 Billion | ▼ -15.3 pp |
| 2022 | 10.4% | AR$9.17 Billion | AR$88.51 Billion | AR$36.16 Billion | AR$27.00 Billion | ▼ -7.6 pp |
| 2021 | 18.0% | AR$4.56 Billion | AR$25.39 Billion | AR$12.31 Billion | AR$7.75 Billion | ▲ +4.2 pp |
| 2020 | 13.7% | AR$2.54 Billion | AR$18.48 Billion | AR$8.12 Billion | AR$5.59 Billion | ▼ -63.6 pp |
| 2019 | 77.3% | AR$10.77 Billion | AR$13.93 Billion | AR$16.94 Billion | AR$6.18 Billion | ▼ -38.4 pp |
| 2018 | 115.8% | AR$6.73 Billion | AR$5.81 Billion | AR$8.84 Billion | AR$2.11 Billion | ▲ +164.1 pp |
| 2017 | -48.3% | AR$-1.71 Billion | AR$3.54 Billion | AR$2.22 Billion | AR$3.93 Billion | ▼ -100.7 pp |
| 2016 | 52.4% | AR$942.05 Million | AR$1.80 Billion | AR$1.67 Billion | AR$724.52 Million | — |