Karooooo Ltd (KARO) — Working Capital to Net Assets Ratio
Karooooo Ltd (KARO) has a Working Capital to Net Assets ratio of -7.5% as of November 2025. Working capital of $-242.52 Million (current assets of $1.27 Billion minus current liabilities of $1.51 Billion) is measured against net assets of $3.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Karooooo Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Karooooo Ltd Working Capital to Net Assets (2019–2025)
This chart shows how Karooooo Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of November 2025, the ratio stands at -7.5%, reflecting working capital of $-242.52 Million against net assets of $3.23 Billion USD. Check tangible net worth ratio of Karooooo Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Karooooo Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Karooooo Ltd from 2019 to 2025, covering 7 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 Karooooo Ltd (KARO) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 6.3% | $205.68 Million | $3.26 Billion | $1.66 Billion | $1.46 Billion | ▼ -11.0 pp |
| 2024 | 17.3% | $515.83 Million | $2.98 Billion | $1.45 Billion | $933.29 Million | ▼ -7.7 pp |
| 2023 | 25.0% | $667.46 Million | $2.67 Billion | $1.45 Billion | $782.57 Million | ▲ +2.4 pp |
| 2022 | 22.6% | $482.59 Million | $2.14 Billion | $1.10 Billion | $613.43 Million | ▲ +31.0 pp |
| 2021 | -8.4% | $-105.18 Million | $1.26 Billion | $1.30 Billion | $1.41 Billion | ▼ -21.5 pp |
| 2020 | 13.1% | $157.22 Million | $1.20 Billion | $555.79 Million | $398.57 Million | ▼ -0.1 pp |
| 2019 | 13.2% | $110.52 Million | $837.54 Million | $480.75 Million | $370.22 Million | — |