Pampa Energía S.A (9PAA) — Working Capital to Net Assets Ratio
Pampa Energía S.A (9PAA) has a Working Capital to Net Assets ratio of 25.0% as of March 2026. Working capital of €949.00 Million (current assets of €1.86 Billion minus current liabilities of €912.00 Million) is measured against net assets of €3.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pampa Energía S.A (9PAA) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pampa Energía S.A Working Capital to Net Assets (2016–2025)
This chart shows how Pampa Energía S.A's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 25.0%, reflecting working capital of €949.00 Million against net assets of €3.79 Billion EUR. See 9PAA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pampa Energía S.A (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pampa Energía 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 live market cap and the full company profile, see Pampa Energía S.A (9PAA) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.4% | €1.35 Billion | €3.60 Billion | €1.99 Billion | €639.00 Million | ▲ +4.7 pp |
| 2024 | 32.7% | €1.08 Billion | €3.29 Billion | €2.38 Billion | €1.30 Billion | ▼ -1.1 pp |
| 2023 | 33.8% | €815.00 Million | €2.41 Billion | €1.34 Billion | €521.00 Million | ▲ +2.6 pp |
| 2022 | 31.2% | €712.00 Million | €2.28 Billion | €1.34 Billion | €631.00 Million | ▼ -12.5 pp |
| 2021 | 43.7% | €783.00 Million | €1.79 Billion | €1.12 Billion | €342.00 Million | ▲ +43.1 pp |
| 2020 | 0.6% | €948.00 Million | €148.88 Billion | €2.42 Billion | €1.47 Billion | ▲ +0.3 pp |
| 2019 | 0.4% | €508.00 Million | €144.29 Billion | €1.36 Billion | €854.00 Million | ▼ -0.1 pp |
| 2018 | 0.5% | €338.78 Million | €67.68 Billion | €1.52 Billion | €1.18 Billion | ▼ -129.0 pp |
| 2017 | 129.5% | €26.05 Billion | €20.11 Billion | €73.79 Billion | €47.73 Billion | ▲ +178.5 pp |
| 2016 | -49.0% | €-6.89 Billion | €14.07 Billion | €23.17 Billion | €30.06 Billion | — |