CTT Correios de Portugal SA (CTT) — Working Capital to Net Assets Ratio
CTT Correios de Portugal SA (CTT) has a Working Capital to Net Assets ratio of -612.0% as of June 2025. Working capital of €-1.83 Billion (current assets of €3.04 Billion minus current liabilities of €4.87 Billion) is measured against net assets of €298.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of CTT Correios de Portugal SA to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CTT Correios de Portugal SA Working Capital to Net Assets (2015–2024)
This chart shows how CTT Correios de Portugal SA's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at -612.0%, reflecting working capital of €-1.83 Billion against net assets of €298.38 Million EUR. For the complete balance sheet picture, see CTT Correios de Portugal SA (CTT) total assets.
Annual Working Capital to Net Assets for CTT Correios de Portugal SA (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for CTT Correios de Portugal SA from 2015 to 2024, 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. Check financial resilience of CTT Correios de Portugal SA to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -521.5% | €-1.61 Billion | €308.26 Million | €3.19 Billion | €4.80 Billion | ▲ +35.9 pp |
| 2023 | -557.5% | €-1.41 Billion | €253.25 Million | €2.40 Billion | €3.81 Billion | ▼ -6.7 pp |
| 2022 | -550.8% | €-1.24 Billion | €224.93 Million | €1.80 Billion | €3.04 Billion | ▲ +74.0 pp |
| 2021 | -624.8% | €-1.09 Billion | €174.55 Million | €1.61 Billion | €2.71 Billion | ▲ +267.4 pp |
| 2020 | -892.1% | €-1.34 Billion | €150.28 Million | €910.59 Million | €2.25 Billion | ▼ -62.4 pp |
| 2019 | -829.8% | €-1.09 Billion | €131.41 Million | €778.78 Million | €1.87 Billion | ▼ -415.5 pp |
| 2018 | -414.3% | €-607.98 Million | €146.75 Million | €746.33 Million | €1.35 Billion | ▼ -299.2 pp |
| 2017 | -115.1% | €-211.75 Million | €183.99 Million | €930.29 Million | €1.14 Billion | ▼ -136.6 pp |
| 2016 | 21.5% | €50.24 Million | €233.33 Million | €864.08 Million | €813.84 Million | ▼ -53.8 pp |
| 2015 | 75.3% | €189.60 Million | €251.83 Million | €764.57 Million | €574.97 Million | — |