IRB-Brasil Resseguros S.A. (IRBR3) — Working Capital to Net Assets Ratio
IRB-Brasil Resseguros S.A. (IRBR3) has a Working Capital to Net Assets ratio of 196.4% as of March 2026. Working capital of R$10.44 Billion (current assets of R$10.74 Billion minus current liabilities of R$294.99 Million) is measured against net assets of R$5.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IRB-Brasil Resseguros S.A. net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IRB-Brasil Resseguros S.A. Working Capital to Net Assets (2013–2025)
This chart shows how IRB-Brasil Resseguros S.A.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 196.4%, reflecting working capital of R$10.44 Billion against net assets of R$5.31 Billion BRL. Check tangible net worth ratio of IRB-Brasil Resseguros S.A. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for IRB-Brasil Resseguros S.A. (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IRB-Brasil Resseguros S.A. from 2013 to 2025, covering 13 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 market value of IRB-Brasil Resseguros S.A..
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 195.6% | R$10.33 Billion | R$5.28 Billion | R$10.59 Billion | R$258.32 Million | ▲ +75.3 pp |
| 2024 | 120.3% | R$5.93 Billion | R$4.93 Billion | R$5.96 Billion | R$28.89 Million | ▲ +5.9 pp |
| 2023 | 114.4% | R$4.87 Billion | R$4.26 Billion | R$4.89 Billion | R$20.72 Million | ▼ -47.9 pp |
| 2022 | 162.3% | R$7.05 Billion | R$4.34 Billion | R$7.11 Billion | R$64.34 Million | ▼ -27.1 pp |
| 2021 | 189.4% | R$6.98 Billion | R$3.69 Billion | R$7.02 Billion | R$31.03 Million | ▲ +184.8 pp |
| 2020 | 4.6% | R$204.29 Million | R$4.41 Billion | R$2.57 Billion | R$2.36 Billion | ▲ +6.2 pp |
| 2019 | -1.5% | R$-60.34 Million | R$3.95 Billion | R$1.46 Billion | R$1.52 Billion | ▲ +4.7 pp |
| 2018 | -6.2% | R$-248.14 Million | R$4.00 Billion | R$1.24 Billion | R$1.49 Billion | ▼ -41.1 pp |
| 2017 | 34.9% | R$1.25 Billion | R$3.58 Billion | R$2.50 Billion | R$1.25 Billion | ▲ +29.9 pp |
| 2016 | 5.0% | R$166.60 Million | R$3.33 Billion | R$1.08 Billion | R$917.91 Million | ▼ -23.3 pp |
| 2015 | 28.3% | R$897.24 Million | R$3.17 Billion | R$1.81 Billion | R$914.90 Million | ▼ -21.0 pp |
| 2014 | 49.3% | R$1.45 Billion | R$2.95 Billion | R$2.18 Billion | R$728.86 Million | ▲ +49.6 pp |
| 2013 | -0.3% | R$-38.40 Million | R$12.04 Billion | R$58.26 Million | R$96.66 Million | — |