Irani Papel e Embalagem S.A (RANI3) — Working Capital to Net Assets Ratio
Irani Papel e Embalagem S.A (RANI3) has a Working Capital to Net Assets ratio of 47.2% as of March 2026. Working capital of R$694.92 Million (current assets of R$1.28 Billion minus current liabilities of R$585.09 Million) is measured against net assets of R$1.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See RANI3 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Irani Papel e Embalagem S.A Working Capital to Net Assets (2004–2025)
This chart shows how Irani Papel e Embalagem S.A's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 47.2%, reflecting working capital of R$694.92 Million against net assets of R$1.47 Billion BRL. See defensive interval ratio of Irani Papel e Embalagem S.A to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Irani Papel e Embalagem S.A (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Irani Papel e Embalagem S.A from 2004 to 2025, covering 22 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 RANI3 market cap overview.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.5% | R$893.12 Million | R$1.45 Billion | R$1.40 Billion | R$503.64 Million | ▲ +7.6 pp |
| 2024 | 53.9% | R$736.78 Million | R$1.37 Billion | R$1.23 Billion | R$493.23 Million | ▼ -11.1 pp |
| 2023 | 65.0% | R$832.03 Million | R$1.28 Billion | R$1.13 Billion | R$302.84 Million | ▼ -17.4 pp |
| 2022 | 82.5% | R$927.72 Million | R$1.13 Billion | R$1.51 Billion | R$577.46 Million | ▲ +18.3 pp |
| 2021 | 64.1% | R$614.11 Million | R$957.44 Million | R$958.72 Million | R$344.61 Million | ▲ +1.3 pp |
| 2020 | 62.9% | R$494.24 Million | R$786.16 Million | R$771.60 Million | R$277.36 Million | ▲ +41.1 pp |
| 2019 | 21.8% | R$73.36 Million | R$336.49 Million | R$503.86 Million | R$430.51 Million | ▲ +43.7 pp |
| 2018 | -21.9% | R$-67.30 Million | R$307.39 Million | R$386.65 Million | R$453.94 Million | ▼ -34.7 pp |
| 2017 | 12.8% | R$43.70 Million | R$340.72 Million | R$345.46 Million | R$301.76 Million | ▲ +139.2 pp |
| 2016 | -126.4% | R$-563.99 Million | R$446.27 Million | R$444.29 Million | R$1.01 Billion | ▼ -125.6 pp |
| 2015 | -0.8% | R$-3.23 Million | R$396.63 Million | R$377.19 Million | R$380.41 Million | ▼ -14.2 pp |
| 2014 | 13.4% | R$66.77 Million | R$497.62 Million | R$396.49 Million | R$329.72 Million | ▲ +15.4 pp |
| 2013 | -1.9% | R$-9.44 Million | R$488.24 Million | R$347.94 Million | R$357.38 Million | ▼ -8.5 pp |
| 2012 | 6.6% | R$29.79 Million | R$454.00 Million | R$249.67 Million | R$219.88 Million | ▲ +2.7 pp |
| 2011 | 3.9% | R$17.99 Million | R$464.25 Million | R$231.68 Million | R$213.69 Million | ▲ +9.7 pp |
| 2010 | -5.9% | R$-27.38 Million | R$467.13 Million | R$182.31 Million | R$209.70 Million | ▲ +11.7 pp |
| 2009 | -17.6% | R$-77.94 Million | R$442.72 Million | R$127.07 Million | R$205.00 Million | ▲ +133.5 pp |
| 2008 | -151.1% | R$-75.45 Million | R$49.94 Million | R$114.91 Million | R$190.37 Million | ▼ -173.1 pp |
| 2007 | 22.0% | R$22.25 Million | R$100.94 Million | R$148.40 Million | R$126.15 Million | ▲ +43.3 pp |
| 2006 | -21.2% | R$-25.02 Million | R$117.96 Million | R$78.11 Million | R$103.13 Million | ▼ -16.8 pp |
| 2005 | -4.4% | R$-4.06 Million | R$92.69 Million | R$74.16 Million | R$78.22 Million | ▼ -1.0 pp |
| 2004 | -3.4% | R$-3.10 Million | R$92.42 Million | R$54.00 Million | R$57.10 Million | — |