Gerdau SA ADR (GGB) — Working Capital to Net Assets Ratio
Gerdau SA ADR (GGB) has a Working Capital to Net Assets ratio of 34.4% as of March 2026. Working capital of $18.21 Billion (current assets of $28.57 Billion minus current liabilities of $10.36 Billion) is measured against net assets of $52.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Gerdau SA ADR's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gerdau SA ADR Working Capital to Net Assets (1998–2025)
This chart shows how Gerdau SA ADR's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 34.4%, reflecting working capital of $18.21 Billion against net assets of $52.97 Billion USD. Check Gerdau SA ADR tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gerdau SA ADR (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gerdau SA ADR from 1998 to 2025, covering 28 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 how much is Gerdau SA ADR worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.8% | $18.72 Billion | $53.80 Billion | $28.61 Billion | $9.89 Billion | ▼ -2.7 pp |
| 2024 | 37.5% | $21.82 Billion | $58.17 Billion | $32.67 Billion | $10.85 Billion | ▲ +1.1 pp |
| 2023 | 36.4% | $17.91 Billion | $49.24 Billion | $29.20 Billion | $11.28 Billion | ▼ -2.1 pp |
| 2022 | 38.4% | $17.79 Billion | $46.30 Billion | $31.26 Billion | $13.46 Billion | ▼ -5.0 pp |
| 2021 | 43.5% | $18.60 Billion | $42.82 Billion | $32.64 Billion | $14.04 Billion | ▲ +5.1 pp |
| 2020 | 38.4% | $11.93 Billion | $31.09 Billion | $23.41 Billion | $11.48 Billion | ▼ -1.4 pp |
| 2019 | 39.8% | $10.81 Billion | $27.17 Billion | $18.24 Billion | $7.42 Billion | ▲ +5.1 pp |
| 2018 | 34.7% | $9.00 Billion | $25.94 Billion | $17.50 Billion | $8.50 Billion | ▼ -8.3 pp |
| 2017 | 43.0% | $10.27 Billion | $23.89 Billion | $17.98 Billion | $7.71 Billion | ▲ +5.2 pp |
| 2016 | 37.8% | $9.18 Billion | $24.27 Billion | $17.80 Billion | $8.62 Billion | ▼ -7.0 pp |
| 2015 | 44.8% | $14.31 Billion | $31.97 Billion | $22.18 Billion | $7.86 Billion | ▲ +6.0 pp |
| 2014 | 38.8% | $12.91 Billion | $33.25 Billion | $20.68 Billion | $7.77 Billion | ▲ +4.7 pp |
| 2013 | 34.2% | $10.94 Billion | $32.02 Billion | $18.18 Billion | $7.24 Billion | ▲ +4.3 pp |
| 2012 | 29.8% | $8.59 Billion | $28.80 Billion | $16.41 Billion | $7.82 Billion | ▼ -9.9 pp |
| 2011 | 39.8% | $10.54 Billion | $26.52 Billion | $17.32 Billion | $6.78 Billion | ▲ +0.4 pp |
| 2010 | 39.3% | $7.92 Billion | $20.15 Billion | $12.95 Billion | $5.02 Billion | ▼ -3.1 pp |
| 2009 | 42.5% | $9.35 Billion | $22.00 Billion | $14.16 Billion | $4.82 Billion | ▼ -6.6 pp |
| 2008 | 49.1% | $12.30 Billion | $25.04 Billion | $20.78 Billion | $8.48 Billion | ▼ -3.1 pp |
| 2007 | 52.2% | $8.73 Billion | $16.72 Billion | $15.31 Billion | $6.59 Billion | ▼ -32.2 pp |
| 2006 | 84.4% | $8.87 Billion | $10.51 Billion | $15.11 Billion | $6.24 Billion | ▼ -8.6 pp |
| 2005 | 93.0% | $7.69 Billion | $8.27 Billion | $11.62 Billion | $3.93 Billion | ▲ +42.1 pp |
| 2004 | 50.9% | $4.28 Billion | $8.41 Billion | $8.83 Billion | $4.55 Billion | ▲ +32.9 pp |
| 2003 | 18.0% | $867.48 Million | $4.81 Billion | $5.08 Billion | $4.21 Billion | ▲ +23.4 pp |
| 2002 | -5.4% | $-225.06 Million | $4.15 Billion | $5.40 Billion | $5.62 Billion | ▼ -28.9 pp |
| 2001 | 23.5% | $582.05 Million | $2.47 Billion | $2.63 Billion | $2.05 Billion | ▲ +5.8 pp |
| 2000 | 17.7% | $383.34 Million | $2.16 Billion | $2.27 Billion | $1.89 Billion | ▼ -0.3 pp |
| 1999 | 18.0% | $392.08 Million | $2.18 Billion | $2.30 Billion | $1.90 Billion | ▼ -23.3 pp |
| 1998 | 41.3% | $608.81 Million | $1.47 Billion | $1.18 Billion | $566.28 Million | — |