Vitro S.A.B. de C.V Working Capital to Net Assets Ratio
Vitro S.A.B. de C.V working capital to net assets ratio. Vitro S.A.B. de C.V (VITROA) has a Working Capital to Net Assets ratio of 32.7% as of December 2023. Working capital of MX$219.78 Million (current assets of MX$862.72 Million minus current liabilities of MX$642.94 Million) is measured against net assets of MX$672.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Vitro S.A.B. de C.V (VITROA) tangible equity ratio 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 Vitro S.A.B. de C.V (2013–2023)
Working capital to net assets ratio of Vitro S.A.B. de C.V from 2013 to 2023. This chart shows how Vitro S.A.B. de C.V's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 32.7%, reflecting working capital of MX$219.78 Million against net assets of MX$672.56 Million MXN. See defensive interval ratio of Vitro S.A.B. de C.V to measure how many days the company can operate on defensive assets alone.
Vitro S.A.B. de C.V Working Capital to Net Assets Ratio by Year (2013–2023)
Vitro S.A.B. de C.V working capital to net assets ratio by year from 2013 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Vitro S.A.B. de C.V from 2013 to 2023, covering 11 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 Vitro S.A.B. de C.V (VITROA) total assets.
| Year | WC/NA Ratio | Working Capital (MXN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 32.7% | MX$219.78 Million | MX$672.56 Million | MX$862.72 Million | MX$642.94 Million | ▲ +12.6 pp |
| 2022 | 20.1% | MX$242.25 Million | MX$1.21 Billion | MX$831.69 Million | MX$589.43 Million | ▲ +42.8 pp |
| 2021 | -22.8% | MX$-273.12 Million | MX$1.20 Billion | MX$869.49 Million | MX$1.14 Billion | ▼ -55.5 pp |
| 2020 | 32.7% | MX$426.87 Million | MX$1.30 Billion | MX$1.13 Billion | MX$707.15 Million | ▼ -4.0 pp |
| 2019 | 36.7% | MX$525.31 Million | MX$1.43 Billion | MX$943.66 Million | MX$418.34 Million | ▼ -7.8 pp |
| 2018 | 44.5% | MX$654.07 Million | MX$1.47 Billion | MX$1.05 Billion | MX$397.38 Million | ▲ +8.9 pp |
| 2017 | 35.7% | MX$494.78 Million | MX$1.39 Billion | MX$887.41 Million | MX$392.63 Million | ▼ -630.8 pp |
| 2016 | 666.5% | MX$7.95 Billion | MX$1.19 Billion | MX$13.66 Billion | MX$5.71 Billion | ▲ +623.8 pp |
| 2015 | 42.7% | MX$8.60 Billion | MX$20.14 Billion | MX$12.29 Billion | MX$3.70 Billion | ▼ -12.2 pp |
| 2014 | 54.8% | MX$4.43 Billion | MX$8.07 Billion | MX$10.18 Billion | MX$5.75 Billion | ▲ +13.8 pp |
| 2013 | 41.1% | MX$2.62 Billion | MX$6.39 Billion | MX$9.38 Billion | MX$6.76 Billion | — |