Celulosa Argentina SA (CELU) — Working Capital to Net Assets Ratio
Celulosa Argentina SA (CELU) has a Working Capital to Net Assets ratio of -126.4% as of February 2025. Working capital of AR$-124.84 Billion (current assets of AR$128.94 Billion minus current liabilities of AR$253.78 Billion) is measured against net assets of AR$98.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CELU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Celulosa Argentina SA Working Capital to Net Assets (2016–2024)
This chart shows how Celulosa Argentina SA's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of February 2025, the ratio stands at -126.4%, reflecting working capital of AR$-124.84 Billion against net assets of AR$98.78 Billion ARS. For the complete balance sheet picture, see CELU total assets.
Annual Working Capital to Net Assets for Celulosa Argentina SA (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Celulosa Argentina SA from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Celulosa Argentina SA liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -9.0% | AR$-9.40 Billion | AR$104.24 Billion | AR$108.11 Billion | AR$117.51 Billion | ▲ +36.3 pp |
| 2023 | -45.4% | AR$-9.39 Billion | AR$20.69 Billion | AR$27.86 Billion | AR$37.24 Billion | ▲ +299.0 pp |
| 2022 | -344.4% | AR$-16.43 Billion | AR$4.77 Billion | AR$25.75 Billion | AR$42.18 Billion | ▼ -129.6 pp |
| 2021 | -214.8% | AR$-9.92 Billion | AR$4.62 Billion | AR$16.54 Billion | AR$26.46 Billion | ▼ -45.6 pp |
| 2020 | -169.2% | AR$-7.16 Billion | AR$4.23 Billion | AR$8.56 Billion | AR$15.72 Billion | ▼ -27.8 pp |
| 2019 | -141.4% | AR$-6.37 Billion | AR$4.51 Billion | AR$5.81 Billion | AR$12.18 Billion | ▼ -100.3 pp |
| 2018 | -41.1% | AR$-884.17 Million | AR$2.15 Billion | AR$5.03 Billion | AR$5.92 Billion | ▲ +10.3 pp |
| 2017 | -51.3% | AR$-759.22 Million | AR$1.48 Billion | AR$1.98 Billion | AR$2.74 Billion | ▼ -48.1 pp |
| 2016 | -3.2% | AR$-45.21 Million | AR$1.41 Billion | AR$2.35 Billion | AR$2.39 Billion | — |