Ambev S.A (ABEVN) — Working Capital to Net Assets Ratio
Ambev S.A (ABEVN) has a Working Capital to Net Assets ratio of 5.8% as of September 2025. Working capital of MX$5.36 Billion (current assets of MX$41.94 Billion minus current liabilities of MX$36.58 Billion) is measured against net assets of MX$92.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ambev S.A balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ambev S.A Working Capital to Net Assets (2013–2024)
This chart shows how Ambev S.A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 5.8%, reflecting working capital of MX$5.36 Billion against net assets of MX$92.73 Billion MXN. Check tangible net worth ratio of Ambev S.A to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ambev S.A (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ambev S.A from 2013 to 2024, covering 12 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 Ambev S.A.
| Year | WC/NA Ratio | Working Capital (MXN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 4.8% | MX$4.77 Billion | MX$99.58 Billion | MX$54.16 Billion | MX$49.39 Billion | ▲ +10.3 pp |
| 2023 | -5.5% | MX$-4.44 Billion | MX$80.14 Billion | MX$36.56 Billion | MX$41.01 Billion | ▼ -2.3 pp |
| 2022 | -3.3% | MX$-2.72 Billion | MX$83.33 Billion | MX$37.82 Billion | MX$40.54 Billion | ▼ -3.0 pp |
| 2021 | -0.3% | MX$-239.26 Million | MX$84.02 Billion | MX$38.63 Billion | MX$38.87 Billion | ▼ -2.8 pp |
| 2020 | 2.5% | MX$1.86 Billion | MX$75.15 Billion | MX$35.34 Billion | MX$33.48 Billion | ▼ -1.7 pp |
| 2019 | 4.2% | MX$2.61 Billion | MX$62.56 Billion | MX$27.62 Billion | MX$25.01 Billion | ▲ +4.0 pp |
| 2018 | 0.2% | MX$120.64 Million | MX$57.55 Billion | MX$25.33 Billion | MX$25.21 Billion | ▲ +8.5 pp |
| 2017 | -8.3% | MX$-3.97 Billion | MX$47.98 Billion | MX$24.72 Billion | MX$28.69 Billion | ▲ +2.2 pp |
| 2016 | -10.5% | MX$-4.89 Billion | MX$46.65 Billion | MX$23.89 Billion | MX$28.77 Billion | ▼ -6.8 pp |
| 2015 | -3.6% | MX$-1.83 Billion | MX$50.33 Billion | MX$28.31 Billion | MX$30.14 Billion | ▼ -1.1 pp |
| 2014 | -2.5% | MX$-1.10 Billion | MX$43.64 Billion | MX$20.73 Billion | MX$21.82 Billion | ▼ -10.3 pp |
| 2013 | 7.8% | MX$3.46 Billion | MX$44.22 Billion | MX$20.81 Billion | MX$17.35 Billion | — |