Magazine Luiza S.A (MGLU3) — Working Capital to Net Assets Ratio
Magazine Luiza S.A (MGLU3) has a Working Capital to Net Assets ratio of 18.8% as of March 2026. Working capital of R$2.12 Billion (current assets of R$18.40 Billion minus current liabilities of R$16.27 Billion) is measured against net assets of R$11.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Magazine Luiza S.A to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Magazine Luiza S.A Working Capital to Net Assets (2008–2025)
This chart shows how Magazine Luiza S.A's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 18.8%, reflecting working capital of R$2.12 Billion against net assets of R$11.27 Billion BRL. For the complete balance sheet picture, see Magazine Luiza S.A asset portfolio.
Annual Working Capital to Net Assets for Magazine Luiza S.A (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Magazine Luiza S.A from 2008 to 2025, covering 18 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. Check MGLU3 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.6% | R$2.66 Billion | R$11.28 Billion | R$19.84 Billion | R$17.18 Billion | ▼ -1.5 pp |
| 2024 | 25.1% | R$2.84 Billion | R$11.32 Billion | R$19.55 Billion | R$16.71 Billion | ▼ -4.2 pp |
| 2023 | 29.3% | R$2.81 Billion | R$9.61 Billion | R$20.22 Billion | R$17.41 Billion | ▼ -37.5 pp |
| 2022 | 66.7% | R$7.11 Billion | R$10.65 Billion | R$21.94 Billion | R$14.83 Billion | ▼ -15.4 pp |
| 2021 | 82.2% | R$9.25 Billion | R$11.26 Billion | R$24.51 Billion | R$15.26 Billion | ▲ +36.0 pp |
| 2020 | 46.2% | R$3.38 Billion | R$7.33 Billion | R$16.80 Billion | R$13.42 Billion | ▼ -17.8 pp |
| 2019 | 64.0% | R$4.84 Billion | R$7.56 Billion | R$12.84 Billion | R$8.00 Billion | ▲ +19.5 pp |
| 2018 | 44.5% | R$1.02 Billion | R$2.30 Billion | R$6.41 Billion | R$5.39 Billion | ▼ -9.6 pp |
| 2017 | 54.1% | R$1.12 Billion | R$2.07 Billion | R$5.26 Billion | R$4.14 Billion | ▲ +14.3 pp |
| 2016 | 39.8% | R$247.42 Million | R$621.59 Million | R$3.92 Billion | R$3.67 Billion | ▼ -33.5 pp |
| 2015 | 73.4% | R$485.73 Million | R$662.21 Million | R$3.36 Billion | R$2.87 Billion | ▼ -1.5 pp |
| 2014 | 74.8% | R$564.47 Million | R$754.47 Million | R$3.40 Billion | R$2.83 Billion | ▲ +18.0 pp |
| 2013 | 56.8% | R$394.40 Million | R$694.61 Million | R$2.92 Billion | R$2.53 Billion | ▼ -10.2 pp |
| 2012 | 67.0% | R$412.72 Million | R$615.99 Million | R$2.42 Billion | R$2.01 Billion | ▲ +4.3 pp |
| 2011 | 62.7% | R$389.61 Million | R$620.95 Million | R$2.11 Billion | R$1.72 Billion | ▼ -379.3 pp |
| 2010 | 442.0% | R$209.68 Million | R$47.44 Million | R$2.90 Billion | R$2.69 Billion | ▲ +3340.4 pp |
| 2009 | -2898.3% | R$173.90 Million | R$-6.00 Million | R$2.01 Billion | R$1.84 Billion | ▼ -2945.0 pp |
| 2008 | 46.7% | R$40.50 Million | R$86.70 Million | R$1.52 Billion | R$1.48 Billion | — |