Nu Holdings Ltd (NU) — Working Capital to Net Assets Ratio
Nu Holdings Ltd (NU) has a Working Capital to Net Assets ratio of -215.3% as of December 2025. Working capital of $-24.38 Billion (current assets of $35.44 Billion minus current liabilities of $59.81 Billion) is measured against net assets of $11.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nu Holdings Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nu Holdings Ltd Working Capital to Net Assets (2018–2025)
This chart shows how Nu Holdings Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at -215.3%, reflecting working capital of $-24.38 Billion against net assets of $11.32 Billion USD. Check Nu Holdings Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nu Holdings Ltd (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nu Holdings Ltd from 2018 to 2025, covering 8 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 Nu Holdings Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -215.3% | $-24.38 Billion | $11.32 Billion | $35.44 Billion | $59.81 Billion | ▼ -193.0 pp |
| 2024 | -22.3% | $-1.71 Billion | $7.65 Billion | $37.19 Billion | $38.90 Billion | ▼ -65.9 pp |
| 2023 | 43.6% | $2.79 Billion | $6.41 Billion | $36.73 Billion | $33.94 Billion | ▼ -12.1 pp |
| 2022 | 55.7% | $2.72 Billion | $4.89 Billion | $25.92 Billion | $23.20 Billion | ▼ -0.6 pp |
| 2021 | 56.2% | $2.50 Billion | $4.44 Billion | $7.38 Billion | $4.88 Billion | ▼ -413.0 pp |
| 2020 | 469.2% | $2.06 Billion | $438.11 Million | $5.39 Billion | $3.33 Billion | ▲ +270.1 pp |
| 2019 | 199.2% | $1.22 Billion | $612.25 Million | $4.20 Billion | $2.98 Billion | ▲ +60.2 pp |
| 2018 | 139.0% | $412.47 Million | $296.73 Million | $2.09 Billion | $1.68 Billion | — |