Petróleo Brasileiro S.A. - Petrobras (PETR3) — Working Capital to Net Assets Ratio
Petróleo Brasileiro S.A. - Petrobras (PETR3) has a Working Capital to Net Assets ratio of -7.8% as of September 2025. Working capital of R$-6.21 Billion (current assets of R$28.08 Billion minus current liabilities of R$34.29 Billion) is measured against net assets of R$79.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PETR3 net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Petróleo Brasileiro S.A. - Petrobras Working Capital to Net Assets (1999–2024)
This chart shows how Petróleo Brasileiro S.A. - Petrobras's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at -7.8%, reflecting working capital of R$-6.21 Billion against net assets of R$79.90 Billion BRL. Check Petróleo Brasileiro S.A. - Petrobras (PETR3) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Petróleo Brasileiro S.A. - Petrobras (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Petróleo Brasileiro S.A. - Petrobras from 1999 to 2024, covering 26 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see PETR3 market cap.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -16.2% | R$-9.62 Billion | R$59.35 Billion | R$21.84 Billion | R$31.46 Billion | ▼ -14.4 pp |
| 2023 | -1.8% | R$-1.42 Billion | R$78.97 Billion | R$32.45 Billion | R$33.86 Billion | ▼ -1.6 pp |
| 2022 | -0.2% | R$-130.00 Million | R$69.84 Billion | R$31.25 Billion | R$31.38 Billion | ▼ -8.7 pp |
| 2021 | 8.6% | R$5.97 Billion | R$69.81 Billion | R$30.15 Billion | R$24.18 Billion | ▲ +6.6 pp |
| 2020 | 1.9% | R$1.16 Billion | R$59.88 Billion | R$27.39 Billion | R$26.23 Billion | ▲ +3.3 pp |
| 2019 | -1.4% | R$-1.00 Billion | R$74.22 Billion | R$27.81 Billion | R$28.82 Billion | ▼ -17.8 pp |
| 2018 | 16.4% | R$12.01 Billion | R$73.17 Billion | R$37.06 Billion | R$25.05 Billion | ▼ -10.8 pp |
| 2017 | 27.2% | R$22.18 Billion | R$81.50 Billion | R$47.13 Billion | R$24.95 Billion | ▲ +1.6 pp |
| 2016 | 25.6% | R$19.87 Billion | R$77.55 Billion | R$44.77 Billion | R$24.90 Billion | ▲ +3.1 pp |
| 2015 | 22.5% | R$14.86 Billion | R$66.06 Billion | R$43.43 Billion | R$28.57 Billion | ▲ +5.6 pp |
| 2014 | 16.9% | R$19.71 Billion | R$116.98 Billion | R$50.83 Billion | R$31.12 Billion | ▲ +5.2 pp |
| 2013 | 11.7% | R$17.43 Billion | R$149.12 Billion | R$52.66 Billion | R$35.23 Billion | ▼ -2.3 pp |
| 2012 | 14.0% | R$23.72 Billion | R$169.04 Billion | R$57.79 Billion | R$34.07 Billion | ▼ -1.9 pp |
| 2011 | 15.9% | R$52.95 Billion | R$332.22 Billion | R$121.16 Billion | R$68.21 Billion | ▼ -0.6 pp |
| 2010 | 16.5% | R$30.31 Billion | R$183.40 Billion | R$63.86 Billion | R$33.55 Billion | ▲ +4.3 pp |
| 2009 | 12.2% | R$11.68 Billion | R$95.42 Billion | R$42.64 Billion | R$30.96 Billion | ▲ +9.0 pp |
| 2008 | 3.2% | R$2.00 Billion | R$62.57 Billion | R$26.76 Billion | R$24.76 Billion | ▼ -3.7 pp |
| 2007 | 6.9% | R$4.67 Billion | R$67.51 Billion | R$29.14 Billion | R$24.47 Billion | ▼ -12.9 pp |
| 2006 | 19.8% | R$9.17 Billion | R$46.27 Billion | R$30.95 Billion | R$21.79 Billion | ▼ -2.6 pp |
| 2005 | 22.4% | R$7.62 Billion | R$33.99 Billion | R$25.78 Billion | R$18.16 Billion | ▼ -3.7 pp |
| 2004 | 26.1% | R$6.10 Billion | R$23.38 Billion | R$19.43 Billion | R$13.33 Billion | ▼ -12.0 pp |
| 2003 | 38.1% | R$6.68 Billion | R$17.52 Billion | R$17.90 Billion | R$11.22 Billion | ▲ +2.6 pp |
| 2002 | 35.5% | R$3.25 Billion | R$9.16 Billion | R$10.20 Billion | R$6.95 Billion | ▼ -11.7 pp |
| 2001 | 47.1% | R$6.28 Billion | R$13.33 Billion | R$14.33 Billion | R$8.04 Billion | ▲ +27.8 pp |
| 2000 | 19.3% | R$2.89 Billion | R$14.94 Billion | R$12.53 Billion | R$9.64 Billion | ▲ +32.1 pp |
| 1999 | -12.8% | R$-1.40 Billion | R$10.96 Billion | R$8.17 Billion | R$9.57 Billion | — |