YPF S.A. D (YPFD) — Working Capital to Net Assets Ratio
YPF S.A. D (YPFD) has a Working Capital to Net Assets ratio of -16.3% as of September 2025. Working capital of AR$-1.90 Billion (current assets of AR$5.60 Billion minus current liabilities of AR$7.50 Billion) is measured against net assets of AR$11.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of YPF S.A. D to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
YPF S.A. D Working Capital to Net Assets (1998–2024)
This chart shows how YPF S.A. D's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at -16.3%, reflecting working capital of AR$-1.90 Billion against net assets of AR$11.63 Billion ARS. Check YPFD intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for YPF S.A. D (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for YPF S.A. D from 1998 to 2024, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see YPFD market cap overview.
| Year | WC/NA Ratio | Working Capital (ARS) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -15.9% | AR$-1.94 Trillion | AR$12.23 Trillion | AR$7.00 Trillion | AR$8.94 Trillion | ▼ -10.5 pp |
| 2023 | -5.4% | AR$-392.06 Billion | AR$7.30 Trillion | AR$3.58 Trillion | AR$3.97 Trillion | ▼ -8.8 pp |
| 2022 | 3.4% | AR$63.80 Billion | AR$1.87 Trillion | AR$910.71 Billion | AR$846.90 Billion | ▼ -5.4 pp |
| 2021 | 8.9% | AR$75.17 Billion | AR$848.12 Billion | AR$466.24 Billion | AR$391.08 Billion | ▲ +15.2 pp |
| 2020 | -6.3% | AR$-43.10 Billion | AR$683.39 Billion | AR$327.57 Billion | AR$370.67 Billion | ▼ -5.3 pp |
| 2019 | -1.0% | AR$-5.45 Billion | AR$548.10 Billion | AR$309.42 Billion | AR$314.87 Billion | ▼ -9.1 pp |
| 2018 | 8.1% | AR$29.45 Billion | AR$362.36 Billion | AR$208.41 Billion | AR$178.97 Billion | ▼ -4.7 pp |
| 2017 | 12.8% | AR$19.56 Billion | AR$152.53 Billion | AR$122.30 Billion | AR$102.73 Billion | ▲ +8.8 pp |
| 2016 | 4.0% | AR$4.76 Billion | AR$118.66 Billion | AR$87.23 Billion | AR$82.47 Billion | ▲ +6.4 pp |
| 2015 | -2.3% | AR$-2.82 Billion | AR$120.46 Billion | AR$76.97 Billion | AR$79.79 Billion | ▲ +13.1 pp |
| 2014 | -15.5% | AR$-11.27 Billion | AR$72.78 Billion | AR$42.10 Billion | AR$53.37 Billion | ▼ -19.0 pp |
| 2013 | 3.5% | AR$1.71 Billion | AR$48.24 Billion | AR$34.51 Billion | AR$32.81 Billion | ▲ +11.8 pp |
| 2012 | -8.3% | AR$-2.58 Billion | AR$31.26 Billion | AR$18.35 Billion | AR$20.93 Billion | ▲ +32.9 pp |
| 2011 | -41.1% | AR$-7.71 Billion | AR$18.73 Billion | AR$14.10 Billion | AR$21.80 Billion | ▼ -18.6 pp |
| 2010 | -22.6% | AR$-4.30 Billion | AR$19.04 Billion | AR$12.80 Billion | AR$17.10 Billion | ▼ -10.8 pp |
| 2009 | -11.8% | AR$-2.09 Billion | AR$17.70 Billion | AR$10.53 Billion | AR$12.62 Billion | ▲ +1.8 pp |
| 2008 | -13.5% | AR$-2.76 Billion | AR$20.36 Billion | AR$9.23 Billion | AR$11.99 Billion | ▼ -29.2 pp |
| 2007 | 15.7% | AR$4.08 Billion | AR$26.07 Billion | AR$11.03 Billion | AR$6.94 Billion | ▼ -4.5 pp |
| 2006 | 20.1% | AR$4.90 Billion | AR$24.31 Billion | AR$11.18 Billion | AR$6.28 Billion | ▲ +7.3 pp |
| 2005 | 12.9% | AR$2.90 Billion | AR$22.54 Billion | AR$8.49 Billion | AR$5.59 Billion | ▼ -3.2 pp |
| 2004 | 16.1% | AR$3.58 Billion | AR$22.26 Billion | AR$8.40 Billion | AR$4.82 Billion | ▼ -1.4 pp |
| 2003 | 17.5% | AR$3.94 Billion | AR$22.51 Billion | AR$10.77 Billion | AR$6.83 Billion | ▼ -1.9 pp |
| 2002 | 19.4% | AR$3.94 Billion | AR$20.31 Billion | AR$8.36 Billion | AR$4.42 Billion | ▲ +23.4 pp |
| 2001 | -4.0% | AR$-338.30 Million | AR$8.48 Billion | AR$2.31 Billion | AR$2.64 Billion | ▲ +0.3 pp |
| 2000 | -4.2% | AR$-354.43 Million | AR$8.36 Billion | AR$2.39 Billion | AR$2.74 Billion | ▲ +0.2 pp |
| 1999 | -4.4% | AR$-329.00 Million | AR$7.43 Billion | AR$2.47 Billion | AR$2.80 Billion | ▲ +7.4 pp |
| 1998 | -11.8% | AR$-867.03 Million | AR$7.36 Billion | AR$1.55 Billion | AR$2.42 Billion | — |