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 net asset quality score to measure how much of total assets are equity-financed.
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. Check RRJ tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market value of RenaissanceRe Holdings Ltd.
| 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 | — |