IRSA Inversiones y Representaciones SA (IRSA) — Working Capital to Net Assets Ratio
IRSA Inversiones y Representaciones SA (IRSA) has a Working Capital to Net Assets ratio of 13.2% as of March 2026. Working capital of AR$270.06 Billion (current assets of AR$715.87 Billion minus current liabilities of AR$445.81 Billion) is measured against net assets of AR$2.04 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IRSA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IRSA Inversiones y Representaciones SA Working Capital to Net Assets (2016–2024)
This chart shows how IRSA Inversiones y Representaciones SA's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of March 2026, the ratio stands at 13.2%, reflecting working capital of AR$270.06 Billion against net assets of AR$2.04 Trillion ARS. For the complete balance sheet picture, see IRSA asset base.
Annual Working Capital to Net Assets for IRSA Inversiones y Representaciones SA (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for IRSA Inversiones y Representaciones SA from 2016 to 2024, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check IRSA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.1% | AR$-47.19 Billion | AR$1.15 Trillion | AR$227.72 Billion | AR$274.91 Billion | ▲ +5.1 pp |
| 2023 | -9.2% | AR$-35.46 Billion | AR$387.27 Billion | AR$35.81 Billion | AR$71.27 Billion | ▲ +27.6 pp |
| 2022 | -36.8% | AR$-62.45 Billion | AR$169.73 Billion | AR$23.98 Billion | AR$86.43 Billion | ▼ -14.2 pp |
| 2021 | -22.6% | AR$-18.66 Billion | AR$82.72 Billion | AR$17.64 Billion | AR$36.30 Billion | ▼ -71.0 pp |
| 2020 | 48.4% | AR$59.36 Billion | AR$122.66 Billion | AR$274.73 Billion | AR$215.36 Billion | ▼ -10.1 pp |
| 2019 | 58.5% | AR$50.16 Billion | AR$85.82 Billion | AR$155.87 Billion | AR$105.70 Billion | ▲ +18.3 pp |
| 2018 | 40.1% | AR$29.90 Billion | AR$74.54 Billion | AR$102.83 Billion | AR$72.93 Billion | ▲ +30.0 pp |
| 2017 | 10.1% | AR$4.77 Billion | AR$47.34 Billion | AR$51.20 Billion | AR$46.43 Billion | ▲ +16.3 pp |
| 2016 | -6.2% | AR$-837.00 Million | AR$13.50 Billion | AR$42.76 Billion | AR$43.60 Billion | — |