Cia de Ferro Ligas da Bahia - FERBASA (FESA3) — Working Capital to Net Assets Ratio
Cia de Ferro Ligas da Bahia - FERBASA (FESA3) has a Working Capital to Net Assets ratio of 36.6% as of December 2025. Working capital of R$1.20 Billion (current assets of R$1.79 Billion minus current liabilities of R$582.54 Million) is measured against net assets of R$3.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Cia de Ferro Ligas da Bahia - FERBASA's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cia de Ferro Ligas da Bahia - FERBASA Working Capital to Net Assets (2003–2025)
This chart shows how Cia de Ferro Ligas da Bahia - FERBASA's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 36.6%, reflecting working capital of R$1.20 Billion against net assets of R$3.29 Billion BRL. Check FESA3 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cia de Ferro Ligas da Bahia - FERBASA (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cia de Ferro Ligas da Bahia - FERBASA from 2003 to 2025, covering 23 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 Cia de Ferro Ligas da Bahia - FERBASA (FESA3) total market value.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.6% | R$1.20 Billion | R$3.29 Billion | R$1.79 Billion | R$582.54 Million | ▲ +3.9 pp |
| 2024 | 32.7% | R$1.09 Billion | R$3.34 Billion | R$1.75 Billion | R$652.46 Million | ▼ -1.3 pp |
| 2023 | 34.0% | R$1.09 Billion | R$3.19 Billion | R$1.58 Billion | R$499.15 Million | ▼ -5.1 pp |
| 2022 | 39.1% | R$1.19 Billion | R$3.04 Billion | R$1.69 Billion | R$505.95 Million | ▼ 0.0 pp |
| 2021 | 39.1% | R$927.12 Million | R$2.37 Billion | R$1.40 Billion | R$474.74 Million | ▲ +19.3 pp |
| 2020 | 19.8% | R$350.50 Million | R$1.77 Billion | R$774.74 Million | R$424.24 Million | ▼ -4.0 pp |
| 2019 | 23.8% | R$437.70 Million | R$1.84 Billion | R$693.75 Million | R$256.05 Million | ▼ -7.7 pp |
| 2018 | 31.5% | R$550.34 Million | R$1.75 Billion | R$810.41 Million | R$260.07 Million | ▼ -15.8 pp |
| 2017 | 47.2% | R$719.28 Million | R$1.52 Billion | R$888.38 Million | R$169.10 Million | ▲ +11.5 pp |
| 2016 | 35.7% | R$484.59 Million | R$1.36 Billion | R$658.30 Million | R$173.71 Million | ▲ +1.9 pp |
| 2015 | 33.8% | R$451.52 Million | R$1.34 Billion | R$677.45 Million | R$225.93 Million | ▼ -10.5 pp |
| 2014 | 44.3% | R$566.55 Million | R$1.28 Billion | R$680.82 Million | R$114.27 Million | ▲ +0.7 pp |
| 2013 | 43.7% | R$532.09 Million | R$1.22 Billion | R$631.02 Million | R$98.93 Million | ▼ -2.6 pp |
| 2012 | 46.3% | R$537.87 Million | R$1.16 Billion | R$629.04 Million | R$91.16 Million | ▼ -4.5 pp |
| 2011 | 50.7% | R$556.57 Million | R$1.10 Billion | R$662.89 Million | R$106.31 Million | ▼ -6.2 pp |
| 2010 | 56.9% | R$586.72 Million | R$1.03 Billion | R$697.46 Million | R$110.73 Million | ▼ -0.2 pp |
| 2009 | 57.2% | R$528.22 Million | R$924.24 Million | R$623.34 Million | R$95.12 Million | ▼ -7.0 pp |
| 2008 | 64.1% | R$542.47 Million | R$845.90 Million | R$666.12 Million | R$123.64 Million | ▲ +8.3 pp |
| 2007 | 55.8% | R$335.95 Million | R$601.69 Million | R$391.51 Million | R$55.56 Million | ▼ -0.1 pp |
| 2006 | 56.0% | R$298.12 Million | R$532.64 Million | R$338.29 Million | R$40.17 Million | ▲ +1.1 pp |
| 2005 | 54.9% | R$276.85 Million | R$504.53 Million | R$327.63 Million | R$50.78 Million | ▼ -7.9 pp |
| 2004 | 62.8% | R$285.65 Million | R$454.78 Million | R$365.82 Million | R$80.17 Million | ▼ -4.9 pp |
| 2003 | 67.7% | R$237.91 Million | R$351.30 Million | R$290.57 Million | R$52.66 Million | — |