CVC Brasil Operadora e Agencia (CVCB3) — Working Capital to Net Assets Ratio
CVC Brasil Operadora e Agencia (CVCB3) has a Working Capital to Net Assets ratio of -131.5% as of December 2025. Working capital of R$-629.65 Million (current assets of R$2.18 Billion minus current liabilities of R$2.81 Billion) is measured against net assets of R$478.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CVC Brasil Operadora e Agencia (CVCB3) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CVC Brasil Operadora e Agencia Working Capital to Net Assets (2010–2025)
This chart shows how CVC Brasil Operadora e Agencia's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at -131.5%, reflecting working capital of R$-629.65 Million against net assets of R$478.79 Million BRL. See CVCB3 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for CVC Brasil Operadora e Agencia (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CVC Brasil Operadora e Agencia from 2010 to 2025, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see CVCB3 market cap.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -131.5% | R$-629.65 Million | R$478.79 Million | R$2.18 Billion | R$2.81 Billion | ▼ -74.2 pp |
| 2024 | -57.3% | R$-304.70 Million | R$531.63 Million | R$2.23 Billion | R$2.53 Billion | ▼ -28.2 pp |
| 2023 | -29.1% | R$-176.91 Million | R$607.96 Million | R$2.30 Billion | R$2.48 Billion | ▲ +339.9 pp |
| 2022 | -369.0% | R$-1.17 Billion | R$316.48 Million | R$1.96 Billion | R$3.13 Billion | ▼ -268.7 pp |
| 2021 | -100.4% | R$-376.76 Million | R$375.29 Million | R$2.98 Billion | R$3.36 Billion | ▲ +61.2 pp |
| 2020 | -161.6% | R$-93.16 Million | R$57.66 Million | R$3.12 Billion | R$3.22 Billion | ▼ -161.6 pp |
| 2019 | 0.0% | R$-54.00K | R$799.20 Million | R$4.48 Billion | R$4.48 Billion | ▼ -82.1 pp |
| 2018 | 82.1% | R$610.12 Million | R$742.99 Million | R$4.33 Billion | R$3.72 Billion | ▲ +3.3 pp |
| 2017 | 78.8% | R$770.85 Million | R$978.25 Million | R$3.70 Billion | R$2.93 Billion | ▲ +38.2 pp |
| 2016 | 40.6% | R$291.08 Million | R$717.22 Million | R$2.64 Billion | R$2.35 Billion | ▼ -6.8 pp |
| 2015 | 47.4% | R$313.24 Million | R$661.35 Million | R$2.18 Billion | R$1.87 Billion | ▲ +8.7 pp |
| 2014 | 38.7% | R$177.40 Million | R$458.83 Million | R$2.00 Billion | R$1.82 Billion | ▲ +6.8 pp |
| 2013 | 31.9% | R$100.83 Million | R$316.28 Million | R$1.74 Billion | R$1.64 Billion | ▼ -22.2 pp |
| 2012 | 54.1% | R$114.01 Million | R$210.63 Million | R$1.37 Billion | R$1.26 Billion | ▼ -25.0 pp |
| 2011 | 79.1% | R$134.71 Million | R$170.29 Million | R$1.34 Billion | R$1.20 Billion | ▼ -32.5 pp |
| 2010 | 111.6% | R$67.97 Million | R$60.92 Million | R$1.24 Billion | R$1.17 Billion | — |