Ambev S.A. Working Capital to Net Assets Ratio
Ambev S.A. working capital to net assets ratio. Ambev S.A. (ABEV3) has a Working Capital to Net Assets ratio of 1.3% as of March 2026. Working capital of R$1.17 Billion (current assets of R$42.83 Billion minus current liabilities of R$41.66 Billion) is measured against net assets of R$90.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Ambev S.A. (ABEV3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ambev S.A. (1997–2025)
Working capital to net assets ratio of Ambev S.A. from 1997 to 2025. This chart shows how Ambev S.A.'s Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 1.3%, reflecting working capital of R$1.17 Billion against net assets of R$90.82 Billion BRL. See defensive interval ratio of Ambev S.A. to measure how many days the company can operate on defensive assets alone.
Ambev S.A. Working Capital to Net Assets Ratio by Year (1997–2025)
Ambev S.A. working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Ambev S.A. from 1997 to 2025, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Ambev S.A. balance sheet assets.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -1.9% | R$-1.72 Billion | R$88.77 Billion | R$43.88 Billion | R$45.60 Billion | ▼ -6.7 pp |
| 2024 | 4.8% | R$4.77 Billion | R$99.58 Billion | R$54.16 Billion | R$49.39 Billion | ▲ +10.3 pp |
| 2023 | -5.5% | R$-4.44 Billion | R$80.14 Billion | R$36.56 Billion | R$41.00 Billion | ▼ -2.3 pp |
| 2022 | -3.3% | R$-2.72 Billion | R$83.33 Billion | R$37.82 Billion | R$40.54 Billion | ▼ -3.0 pp |
| 2021 | -0.3% | R$-239.30 Million | R$84.02 Billion | R$38.63 Billion | R$38.87 Billion | ▼ -2.8 pp |
| 2020 | 2.5% | R$1.86 Billion | R$75.15 Billion | R$35.34 Billion | R$33.48 Billion | ▼ -1.7 pp |
| 2019 | 4.2% | R$2.61 Billion | R$62.56 Billion | R$27.62 Billion | R$25.01 Billion | ▲ +3.3 pp |
| 2018 | 0.9% | R$501.20 Million | R$57.55 Billion | R$25.33 Billion | R$24.83 Billion | ▲ +11.3 pp |
| 2016 | -10.5% | R$-4.89 Billion | R$46.65 Billion | R$23.89 Billion | R$28.77 Billion | ▼ -6.8 pp |
| 2015 | -3.6% | R$-1.83 Billion | R$50.33 Billion | R$28.31 Billion | R$30.14 Billion | ▼ -1.1 pp |
| 2014 | -2.5% | R$-1.10 Billion | R$43.64 Billion | R$20.73 Billion | R$21.82 Billion | ▼ -10.3 pp |
| 2013 | 7.8% | R$3.46 Billion | R$44.22 Billion | R$20.81 Billion | R$17.35 Billion | ▲ +5.7 pp |
| 2012 | 2.1% | R$778.62 Million | R$37.27 Billion | R$16.31 Billion | R$15.53 Billion | ▲ +1.0 pp |
| 2011 | 1.1% | R$271.53 Million | R$25.83 Billion | R$14.68 Billion | R$14.41 Billion | ▼ -8.5 pp |
| 2010 | 9.6% | R$2.36 Billion | R$24.56 Billion | R$12.91 Billion | R$10.55 Billion | ▲ +1.5 pp |
| 2009 | 8.1% | R$1.81 Billion | R$22.30 Billion | R$10.30 Billion | R$8.49 Billion | ▲ +14.0 pp |
| 2008 | -5.9% | R$-1.24 Billion | R$21.01 Billion | R$9.29 Billion | R$10.54 Billion | ▼ -3.1 pp |
| 2007 | -2.8% | R$-488.40 Million | R$17.61 Billion | R$8.00 Billion | R$8.49 Billion | ▼ -2.4 pp |
| 2006 | -0.4% | R$-73.53 Million | R$19.49 Billion | R$6.77 Billion | R$6.84 Billion | ▼ -3.0 pp |
| 2005 | 2.6% | R$526.97 Million | R$19.99 Billion | R$5.58 Billion | R$5.05 Billion | ▲ +22.3 pp |
| 2004 | -19.7% | R$-3.39 Billion | R$17.21 Billion | R$5.38 Billion | R$8.77 Billion | ▼ -37.0 pp |
| 2003 | 17.3% | R$780.50 Million | R$4.50 Billion | R$5.50 Billion | R$4.72 Billion | ▼ -47.7 pp |
| 2002 | 65.0% | R$2.74 Billion | R$4.21 Billion | R$5.57 Billion | R$2.83 Billion | ▲ +28.2 pp |
| 2001 | 36.9% | R$1.27 Billion | R$3.45 Billion | R$4.68 Billion | R$3.41 Billion | ▲ +37.2 pp |
| 2000 | -0.3% | R$-11.98 Million | R$3.59 Billion | R$2.69 Billion | R$2.70 Billion | ▼ -50.5 pp |
| 1999 | 50.1% | R$834.00 Million | R$1.66 Billion | R$2.72 Billion | R$1.89 Billion | ▲ +24.0 pp |
| 1998 | 26.1% | R$388.19 Million | R$1.49 Billion | R$1.97 Billion | R$1.58 Billion | ▲ +12.2 pp |
| 1997 | 13.9% | R$225.10 Million | R$1.62 Billion | R$1.69 Billion | R$1.46 Billion | — |