RenaissanceRe Holdings Ltd Working Capital to Net Assets Ratio
RenaissanceRe Holdings Ltd working capital to net assets ratio. RenaissanceRe Holdings Ltd (RRJ) has a Working Capital to Net Assets ratio of 71.5% as of March 2023. Working capital of €8.02 Billion (current assets of €33.65 Billion minus current liabilities of €25.63 Billion) is measured against net assets of €11.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RenaissanceRe Holdings Ltd (RRJ) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of RenaissanceRe Holdings Ltd (2014–2022)
Working capital to net assets ratio of RenaissanceRe Holdings Ltd from 2014 to 2022. This chart shows how RenaissanceRe Holdings Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 71.5%, reflecting working capital of €8.02 Billion against net assets of €11.22 Billion EUR. See RRJ days of operational coverage to measure how many days the company can operate on defensive assets alone.
RenaissanceRe Holdings Ltd Working Capital to Net Assets Ratio by Year (2014–2022)
RenaissanceRe Holdings Ltd working capital to net assets ratio by year from 2014 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for RenaissanceRe Holdings Ltd from 2014 to 2022, 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 the complete balance sheet picture, see RenaissanceRe Holdings Ltd total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 183.7% | €18.12 Billion | €9.86 Billion | €32.23 Billion | €14.11 Billion | ▲ +52.8 pp |
| 2021 | 131.0% | €8.67 Billion | €6.62 Billion | €30.58 Billion | €21.90 Billion | ▼ -7.6 pp |
| 2020 | 138.6% | €10.48 Billion | €7.56 Billion | €28.27 Billion | €17.79 Billion | ▼ -6.4 pp |
| 2019 | 145.0% | €8.66 Billion | €5.97 Billion | €23.88 Billion | €15.23 Billion | ▲ +8.9 pp |
| 2018 | 136.1% | €6.86 Billion | €5.05 Billion | €16.95 Billion | €10.08 Billion | ▼ -0.3 pp |
| 2017 | 136.3% | €5.99 Billion | €4.39 Billion | €13.74 Billion | €7.76 Billion | ▲ +21.4 pp |
| 2016 | 114.9% | €5.59 Billion | €4.87 Billion | €10.92 Billion | €5.33 Billion | ▲ +16.1 pp |
| 2015 | 98.8% | €5.71 Billion | €5.78 Billion | €10.28 Billion | €4.58 Billion | ▲ +4.3 pp |
| 2014 | 94.5% | €4.72 Billion | €5.00 Billion | €7.31 Billion | €2.58 Billion | — |