Minerva S.A (BEEF3) — Working Capital to Net Assets Ratio
Minerva S.A (BEEF3) has a Working Capital to Net Assets ratio of 315.6% as of March 2026. Working capital of R$5.86 Billion (current assets of R$24.25 Billion minus current liabilities of R$18.40 Billion) is measured against net assets of R$1.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Minerva S.A's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Minerva S.A Working Capital to Net Assets (2004–2025)
This chart shows how Minerva S.A's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 315.6%, reflecting working capital of R$5.86 Billion against net assets of R$1.86 Billion BRL. Check Minerva S.A tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Minerva S.A (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Minerva S.A from 2004 to 2025, covering 22 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 BEEF3 company net worth.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 384.0% | R$7.27 Billion | R$1.89 Billion | R$28.50 Billion | R$21.24 Billion | ▼ -8655.1 pp |
| 2024 | 9039.0% | R$7.88 Billion | R$87.22 Million | R$24.46 Billion | R$16.57 Billion | ▲ +7767.1 pp |
| 2023 | 1272.0% | R$8.39 Billion | R$659.55 Million | R$18.14 Billion | R$9.75 Billion | ▲ +814.8 pp |
| 2022 | 457.1% | R$4.86 Billion | R$1.06 Billion | R$12.99 Billion | R$8.13 Billion | ▼ -540.9 pp |
| 2021 | 998.1% | R$6.53 Billion | R$654.13 Million | R$13.77 Billion | R$7.24 Billion | ▲ +415.9 pp |
| 2020 | 582.2% | R$4.89 Billion | R$840.07 Million | R$11.29 Billion | R$6.40 Billion | ▲ +1519.9 pp |
| 2019 | -937.7% | R$2.64 Billion | R$-281.66 Million | R$8.27 Billion | R$5.63 Billion | ▼ -222.5 pp |
| 2018 | -715.2% | R$2.15 Billion | R$-301.11 Million | R$8.14 Billion | R$5.99 Billion | ▼ -5505.3 pp |
| 2017 | 4790.0% | R$3.40 Billion | R$71.08 Million | R$7.35 Billion | R$3.95 Billion | ▲ +4244.5 pp |
| 2016 | 545.6% | R$2.85 Billion | R$522.07 Million | R$5.66 Billion | R$2.81 Billion | ▲ +1060.6 pp |
| 2015 | -515.0% | R$1.97 Billion | R$-382.75 Million | R$5.01 Billion | R$3.04 Billion | ▼ -995.6 pp |
| 2014 | 480.6% | R$2.31 Billion | R$480.55 Million | R$4.28 Billion | R$1.97 Billion | ▲ +142.2 pp |
| 2013 | 338.3% | R$1.50 Billion | R$443.63 Million | R$2.84 Billion | R$1.34 Billion | ▲ +173.5 pp |
| 2012 | 164.8% | R$1.24 Billion | R$754.31 Million | R$2.33 Billion | R$1.08 Billion | ▲ +46.9 pp |
| 2011 | 117.9% | R$722.48 Million | R$612.67 Million | R$1.70 Billion | R$980.89 Million | ▼ -21.2 pp |
| 2010 | 139.1% | R$751.70 Million | R$540.27 Million | R$1.29 Billion | R$540.78 Million | ▲ +9.2 pp |
| 2009 | 130.0% | R$683.11 Million | R$525.53 Million | R$1.22 Billion | R$534.50 Million | ▼ -85.6 pp |
| 2008 | 215.6% | R$614.63 Million | R$285.06 Million | R$1.18 Billion | R$565.55 Million | ▲ +85.5 pp |
| 2007 | 130.1% | R$689.87 Million | R$530.11 Million | R$949.41 Million | R$259.54 Million | ▲ +40.2 pp |
| 2006 | 89.9% | R$169.04 Million | R$187.98 Million | R$580.41 Million | R$411.37 Million | ▲ +53.1 pp |
| 2005 | 36.9% | R$22.77 Million | R$61.78 Million | R$344.59 Million | R$321.82 Million | ▲ +2891.5 pp |
| 2004 | -2854.7% | R$8.82 Million | R$-309.00K | R$281.80 Million | R$272.98 Million | — |