Companhia Estadual de Distribuição de Energia Elétrica (CEED3) — Working Capital to Net Assets Ratio
Companhia Estadual de Distribuição de Energia Elétrica (CEED3) has a Working Capital to Net Assets ratio of -27.8% as of December 2025. Working capital of R$1.18 Billion (current assets of R$3.41 Billion minus current liabilities of R$2.23 Billion) is measured against net assets of R$-4.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Companhia Estadual de Distribuição de En net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Companhia Estadual de Distribuição de Energia Elétrica Working Capital to Net Assets (2013–2025)
This chart shows how Companhia Estadual de Distribuição de Energia Elétrica's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -27.8%, reflecting working capital of R$1.18 Billion against net assets of R$-4.27 Billion BRL. Check CEED3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Companhia Estadual de Distribuição de Energia Elétrica (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Companhia Estadual de Distribuição de Energia Elétrica from 2013 to 2025, covering 12 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 CEED3 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -27.8% | R$1.18 Billion | R$-4.27 Billion | R$3.41 Billion | R$2.23 Billion | ▼ -18.6 pp |
| 2024 | -9.1% | R$329.84 Million | R$-3.62 Billion | R$2.55 Billion | R$2.22 Billion | ▼ -1.9 pp |
| 2023 | -7.2% | R$240.90 Million | R$-3.35 Billion | R$3.06 Billion | R$2.82 Billion | ▲ +4.6 pp |
| 2022 | -11.7% | R$322.18 Million | R$-2.74 Billion | R$2.48 Billion | R$2.15 Billion | ▲ +1.7 pp |
| 2021 | -13.4% | R$356.65 Million | R$-2.66 Billion | R$2.59 Billion | R$2.23 Billion | ▼ -32.0 pp |
| 2020 | 18.6% | R$-1.07 Billion | R$-5.74 Billion | R$1.10 Billion | R$2.16 Billion | ▼ -67.0 pp |
| 2019 | 85.7% | R$-3.16 Billion | R$-3.69 Billion | R$1.29 Billion | R$4.45 Billion | ▲ +4.1 pp |
| 2017 | 81.6% | R$-1.01 Billion | R$-1.24 Billion | R$1.21 Billion | R$2.23 Billion | ▼ -2.6 pp |
| 2016 | 84.2% | R$-1.04 Billion | R$-1.24 Billion | R$840.92 Million | R$1.88 Billion | ▼ -14.1 pp |
| 2015 | 98.3% | R$-475.33 Million | R$-483.60 Million | R$875.87 Million | R$1.35 Billion | ▲ +501.8 pp |
| 2014 | -403.5% | R$-355.10 Million | R$88.01 Million | R$816.90 Million | R$1.17 Billion | ▼ -370.9 pp |
| 2013 | -32.6% | R$-166.50 Million | R$511.34 Million | R$1.05 Billion | R$1.21 Billion | — |