Gerdau S.A Working Capital to Net Assets Ratio
Gerdau S.A working capital to net assets ratio. Gerdau S.A (GGBR3) has a Working Capital to Net Assets ratio of 34.4% as of March 2026. Working capital of R$18.21 Billion (current assets of R$28.57 Billion minus current liabilities of R$10.36 Billion) is measured against net assets of R$52.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gerdau S.A (1998–2025)
Working capital to net assets ratio of Gerdau S.A from 1998 to 2025. This chart shows how Gerdau S.A's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 34.4%, reflecting working capital of R$18.21 Billion against net assets of R$52.97 Billion BRL. Explore Gerdau S.A (GGBR3) investment intensity to see how much of total assets are deployed in long-term investments.
Gerdau S.A Working Capital to Net Assets Ratio by Year (1998–2025)
Gerdau S.A working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Gerdau S.A from 1998 to 2025, covering 28 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 the complete balance sheet picture, see GGBR3 asset base.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.8% | R$18.72 Billion | R$53.80 Billion | R$28.61 Billion | R$9.89 Billion | ▼ -2.7 pp |
| 2024 | 37.5% | R$21.82 Billion | R$58.17 Billion | R$32.67 Billion | R$10.85 Billion | ▲ +1.1 pp |
| 2023 | 36.4% | R$17.91 Billion | R$49.24 Billion | R$29.20 Billion | R$11.28 Billion | ▼ -2.1 pp |
| 2022 | 38.4% | R$17.79 Billion | R$46.30 Billion | R$31.26 Billion | R$13.46 Billion | ▼ -5.0 pp |
| 2021 | 43.5% | R$18.60 Billion | R$42.82 Billion | R$32.64 Billion | R$14.04 Billion | ▲ +5.1 pp |
| 2020 | 38.4% | R$11.93 Billion | R$31.09 Billion | R$23.41 Billion | R$11.48 Billion | ▼ -1.4 pp |
| 2019 | 39.8% | R$10.81 Billion | R$27.17 Billion | R$18.24 Billion | R$7.42 Billion | ▲ +5.1 pp |
| 2018 | 34.7% | R$9.00 Billion | R$25.94 Billion | R$17.50 Billion | R$8.50 Billion | ▼ -8.3 pp |
| 2017 | 43.0% | R$10.27 Billion | R$23.89 Billion | R$17.98 Billion | R$7.71 Billion | ▲ +5.2 pp |
| 2016 | 37.8% | R$9.18 Billion | R$24.27 Billion | R$17.80 Billion | R$8.62 Billion | ▼ -7.0 pp |
| 2015 | 44.8% | R$14.31 Billion | R$31.97 Billion | R$22.18 Billion | R$7.86 Billion | ▲ +6.0 pp |
| 2014 | 38.8% | R$12.91 Billion | R$33.25 Billion | R$20.68 Billion | R$7.77 Billion | ▲ +4.7 pp |
| 2013 | 34.2% | R$10.94 Billion | R$32.02 Billion | R$18.18 Billion | R$7.24 Billion | ▲ +4.3 pp |
| 2012 | 29.8% | R$8.59 Billion | R$28.80 Billion | R$16.41 Billion | R$7.82 Billion | ▼ -9.9 pp |
| 2011 | 39.8% | R$10.54 Billion | R$26.52 Billion | R$17.32 Billion | R$6.78 Billion | ▲ +0.4 pp |
| 2010 | 39.3% | R$7.92 Billion | R$20.15 Billion | R$12.95 Billion | R$5.02 Billion | ▼ -3.1 pp |
| 2009 | 42.5% | R$9.35 Billion | R$22.00 Billion | R$14.16 Billion | R$4.82 Billion | ▼ -6.6 pp |
| 2008 | 49.1% | R$12.30 Billion | R$25.04 Billion | R$20.78 Billion | R$8.48 Billion | ▼ -0.8 pp |
| 2007 | 50.0% | R$8.72 Billion | R$17.46 Billion | R$15.45 Billion | R$6.73 Billion | ▼ -34.4 pp |
| 2006 | 84.4% | R$8.87 Billion | R$10.51 Billion | R$15.11 Billion | R$6.24 Billion | ▲ +10.6 pp |
| 2005 | 73.8% | R$7.69 Billion | R$10.43 Billion | R$11.62 Billion | R$3.93 Billion | ▲ +22.9 pp |
| 2004 | 50.9% | R$4.28 Billion | R$8.41 Billion | R$8.83 Billion | R$4.55 Billion | ▲ +32.9 pp |
| 2003 | 18.0% | R$867.48 Million | R$4.81 Billion | R$5.08 Billion | R$4.21 Billion | ▲ +23.4 pp |
| 2002 | -5.4% | R$-225.06 Million | R$4.15 Billion | R$5.40 Billion | R$5.62 Billion | ▼ -28.9 pp |
| 2001 | 23.5% | R$582.05 Million | R$2.47 Billion | R$2.63 Billion | R$2.05 Billion | ▲ +5.8 pp |
| 2000 | 17.7% | R$383.34 Million | R$2.16 Billion | R$2.27 Billion | R$1.89 Billion | ▼ -0.3 pp |
| 1999 | 18.0% | R$392.08 Million | R$2.18 Billion | R$2.30 Billion | R$1.90 Billion | ▼ -23.3 pp |
| 1998 | 41.3% | R$608.81 Million | R$1.47 Billion | R$1.18 Billion | R$566.28 Million | — |