Picpay Holdings Netherlands N.V. Class A Common Shares (PICS) — Working Capital to Net Assets Ratio
Picpay Holdings Netherlands N.V. Class A Common Shares (PICS) has a Working Capital to Net Assets ratio of -581.6% as of September 2025. Working capital of $-16.93 Billion (current assets of $15.30 Billion minus current liabilities of $32.23 Billion) is measured against net assets of $2.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Picpay Holdings Netherlands N.V. Class A to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Picpay Holdings Netherlands N.V. Class A Common Shares Working Capital to Net Assets (2021–2024)
This chart shows how Picpay Holdings Netherlands N.V. Class A Common Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at -581.6%, reflecting working capital of $-16.93 Billion against net assets of $2.91 Billion USD. See how many days can Picpay Holdings Netherlands N.V. Class A fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Picpay Holdings Netherlands N.V. Class A Common Shares (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Picpay Holdings Netherlands N.V. Class A Common Shares from 2021 to 2024, covering 4 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 Picpay Holdings Netherlands N.V. Class A (PICS) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -701.0% | $-12.36 Billion | $1.76 Billion | $11.21 Billion | $23.58 Billion | ▼ -474.2 pp |
| 2023 | -226.8% | $-2.73 Billion | $1.20 Billion | $11.24 Billion | $13.97 Billion | ▲ +278.3 pp |
| 2022 | -505.1% | $-5.87 Billion | $1.16 Billion | $4.70 Billion | $10.57 Billion | ▲ +62.3 pp |
| 2021 | -567.4% | $-2.13 Billion | $375.36 Million | $4.71 Billion | $6.84 Billion | — |