Companhia Energética do Ceará - Coelce (COCE3) — Working Capital to Net Assets Ratio
Companhia Energética do Ceará - Coelce (COCE3) has a Working Capital to Net Assets ratio of -42.5% as of March 2026. Working capital of R$-2.38 Billion (current assets of R$3.02 Billion minus current liabilities of R$5.41 Billion) is measured against net assets of R$5.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Companhia Energética do Ceará - Coelce to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Companhia Energética do Ceará - Coelce Working Capital to Net Assets (2004–2025)
This chart shows how Companhia Energética do Ceará - Coelce's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at -42.5%, reflecting working capital of R$-2.38 Billion against net assets of R$5.61 Billion BRL. Check COCE3 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Companhia Energética do Ceará - Coelce (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Companhia Energética do Ceará - Coelce from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Companhia Energética do Ceará - Coelce (COCE3) market capitalisation.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -45.8% | R$-2.50 Billion | R$5.46 Billion | R$3.06 Billion | R$5.56 Billion | ▲ +4.6 pp |
| 2024 | -50.4% | R$-2.59 Billion | R$5.14 Billion | R$3.08 Billion | R$5.67 Billion | ▲ +3.5 pp |
| 2023 | -53.9% | R$-2.26 Billion | R$4.19 Billion | R$2.85 Billion | R$5.11 Billion | ▼ -20.7 pp |
| 2022 | -33.2% | R$-1.31 Billion | R$3.96 Billion | R$2.85 Billion | R$4.16 Billion | ▼ -28.8 pp |
| 2021 | -4.3% | R$-151.51 Million | R$3.49 Billion | R$3.31 Billion | R$3.46 Billion | ▲ +9.5 pp |
| 2020 | -13.9% | R$-448.80 Million | R$3.23 Billion | R$2.43 Billion | R$2.88 Billion | ▼ -17.4 pp |
| 2019 | 3.5% | R$110.03 Million | R$3.11 Billion | R$2.16 Billion | R$2.05 Billion | ▲ +9.7 pp |
| 2018 | -6.2% | R$-177.07 Million | R$2.86 Billion | R$1.88 Billion | R$2.06 Billion | ▼ -2.0 pp |
| 2017 | -4.2% | R$-109.07 Million | R$2.58 Billion | R$1.82 Billion | R$1.93 Billion | ▼ -8.6 pp |
| 2016 | 4.4% | R$101.54 Million | R$2.31 Billion | R$1.61 Billion | R$1.51 Billion | ▼ -6.0 pp |
| 2015 | 10.4% | R$209.12 Million | R$2.01 Billion | R$1.57 Billion | R$1.36 Billion | ▼ -12.7 pp |
| 2014 | 23.2% | R$397.44 Million | R$1.72 Billion | R$1.23 Billion | R$829.87 Million | ▲ +20.3 pp |
| 2013 | 2.9% | R$44.79 Million | R$1.57 Billion | R$750.93 Million | R$706.13 Million | ▼ -4.3 pp |
| 2012 | 7.2% | R$112.22 Million | R$1.56 Billion | R$905.23 Million | R$793.01 Million | ▲ +1.7 pp |
| 2011 | 5.5% | R$80.74 Million | R$1.47 Billion | R$928.56 Million | R$847.81 Million | ▲ +29.9 pp |
| 2010 | -24.4% | R$-331.44 Million | R$1.36 Billion | R$671.80 Million | R$1.00 Billion | ▼ -13.9 pp |
| 2009 | -10.6% | R$-109.69 Million | R$1.04 Billion | R$777.14 Million | R$886.83 Million | ▲ +18.6 pp |
| 2008 | -29.2% | R$-267.72 Million | R$917.10 Million | R$800.92 Million | R$1.07 Billion | ▲ +5.8 pp |
| 2007 | -35.0% | R$-297.68 Million | R$850.45 Million | R$793.97 Million | R$1.09 Billion | ▼ -5.3 pp |
| 2006 | -29.7% | R$-231.49 Million | R$780.46 Million | R$698.83 Million | R$930.32 Million | ▼ -28.7 pp |
| 2005 | -0.9% | R$-6.84 Million | R$733.92 Million | R$815.75 Million | R$822.59 Million | ▼ -8.7 pp |
| 2004 | 7.7% | R$88.78 Million | R$1.15 Billion | R$526.85 Million | R$438.08 Million | — |