Cartesian Growth Corporation II Class A Ordinary Shares Working Capital to Net Assets Ratio
Cartesian Growth Corporation II Class A Ordinary Shares working capital to net assets ratio. Cartesian Growth Corporation II Class A Ordinary Shares (RENE) has a Working Capital to Net Assets ratio of -4.7% as of December 2024. Working capital of $-3.04 Million (current assets of $438.85K minus current liabilities of $3.48 Million) is measured against net assets of $64.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Cartesian Growth Corporation II Class A Ordinary Shares (2021–2024)
Working capital to net assets ratio of Cartesian Growth Corporation II Class A Ordinary Shares from 2021 to 2024. This chart shows how Cartesian Growth Corporation II Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at -4.7%, reflecting working capital of $-3.04 Million against net assets of $64.30 Million USD. See RENE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Cartesian Growth Corporation II Class A Ordinary Shares Working Capital to Net Assets Ratio by Year (2021–2024)
Cartesian Growth Corporation II Class A Ordinary Shares working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Cartesian Growth Corporation II Class A Ordinary 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 the complete balance sheet picture, see RENE current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.7% | $-3.04 Million | $64.30 Million | $438.85K | $3.48 Million | ▼ -4.0 pp |
| 2023 | -0.8% | $-1.20 Million | $155.71 Million | $330.03K | $1.53 Million | ▼ -1.1 pp |
| 2022 | 0.3% | $631.49K | $221.71 Million | $850.40K | $218.91K | ▲ +2079.7 pp |
| 2021 | -2079.4% | $-442.36K | $21.27K | $0.00 | $442.36K | — |