Cartesian Growth Corporation II Class A Ordinary Shares (RENE) — 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. See how financially flexible is Cartesian Growth Corporation II 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
Cartesian Growth Corporation II Class A Ordinary Shares Working Capital to Net Assets (2021–2024)
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 operational self-sufficiency of Cartesian Growth Corporation II Class A to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cartesian Growth Corporation II Class A Ordinary Shares (2021–2024)
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 live market cap and the full company profile, see market cap of Cartesian Growth Corporation II Class A .
| 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 | — |