Vitro S.A.B. de C.V (VITROA) — 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. See operational self-sufficiency of Vitro S.A.B. de C.V to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vitro S.A.B. de C.V Working Capital to Net Assets (2013–2023)
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. For the complete balance sheet picture, see VITROA current and non-current assets.
Annual Working Capital to Net Assets for Vitro S.A.B. de C.V (2013–2023)
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. Check VITROA financial resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |