Holcim Argentina SA (HARG) — Working Capital to Net Assets Ratio
Holcim Argentina SA (HARG) has a Working Capital to Net Assets ratio of -20.4% as of December 2025. Working capital of AR$-120.01 Billion (current assets of AR$163.95 Billion minus current liabilities of AR$283.96 Billion) is measured against net assets of AR$587.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Holcim Argentina SA balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Holcim Argentina SA Working Capital to Net Assets (2017–2025)
This chart shows how Holcim Argentina SA's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at -20.4%, reflecting working capital of AR$-120.01 Billion against net assets of AR$587.21 Billion ARS. Check HARG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Holcim Argentina SA (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Holcim Argentina SA from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Holcim Argentina SA.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -20.4% | AR$-120.01 Billion | AR$587.21 Billion | AR$163.95 Billion | AR$283.96 Billion | ▼ -16.6 pp |
| 2024 | -3.9% | AR$-24.25 Billion | AR$628.29 Billion | AR$184.10 Billion | AR$208.36 Billion | ▲ +0.7 pp |
| 2023 | -4.5% | AR$-19.80 Billion | AR$436.61 Billion | AR$128.82 Billion | AR$148.62 Billion | ▼ -14.6 pp |
| 2022 | 10.1% | AR$7.51 Billion | AR$74.48 Billion | AR$26.50 Billion | AR$18.99 Billion | ▲ +2.2 pp |
| 2021 | 7.9% | AR$2.81 Billion | AR$35.64 Billion | AR$24.11 Billion | AR$21.30 Billion | ▼ -10.6 pp |
| 2020 | 18.5% | AR$4.41 Billion | AR$23.85 Billion | AR$16.28 Billion | AR$11.87 Billion | ▲ +26.1 pp |
| 2019 | -7.7% | AR$-1.24 Billion | AR$16.11 Billion | AR$6.19 Billion | AR$7.43 Billion | ▲ +17.3 pp |
| 2018 | -24.9% | AR$-1.89 Billion | AR$7.57 Billion | AR$4.37 Billion | AR$6.26 Billion | ▲ +82.4 pp |
| 2017 | -107.3% | AR$-900.40 Million | AR$839.04 Million | AR$1.93 Billion | AR$2.83 Billion | — |