RenaissanceRe Holdings Ltd (RRJ) — 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. See RRJ 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
RenaissanceRe Holdings Ltd Working Capital to Net Assets (2014–2022)
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. For the complete balance sheet picture, see RRJ total assets.
Annual Working Capital to Net Assets for RenaissanceRe Holdings Ltd (2014–2022)
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. Check RRJ asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |