Springs Global Participações S.A. (SGPS3) — Working Capital to Net Assets Ratio
Springs Global Participações S.A. (SGPS3) has a Working Capital to Net Assets ratio of 150.0% as of December 2024. Working capital of R$-1.43 Billion (current assets of R$463.45 Million minus current liabilities of R$1.89 Billion) is measured against net assets of R$-951.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SGPS3 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Springs Global Participações S.A. Working Capital to Net Assets (2013–2024)
This chart shows how Springs Global Participações S.A.'s Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of December 2024, the ratio stands at 150.0%, reflecting working capital of R$-1.43 Billion against net assets of R$-951.61 Million BRL. For the complete balance sheet picture, see Springs Global Participações S.A. asset portfolio.
Annual Working Capital to Net Assets for Springs Global Participações S.A. (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Springs Global Participações S.A. from 2013 to 2024, covering 12 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 Springs Global Participações S.A. asset resilience 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) |
|---|---|---|---|---|---|---|
| 2024 | 150.0% | R$-1.43 Billion | R$-951.61 Million | R$463.45 Million | R$1.89 Billion | ▼ -51.2 pp |
| 2023 | 201.2% | R$-1.46 Billion | R$-724.52 Million | R$482.26 Million | R$1.94 Billion | ▲ +320.5 pp |
| 2022 | -119.3% | R$-451.80 Million | R$378.67 Million | R$881.66 Million | R$1.33 Billion | ▼ -112.8 pp |
| 2021 | -6.5% | R$-64.81 Million | R$990.44 Million | R$1.48 Billion | R$1.55 Billion | ▼ -30.9 pp |
| 2020 | 24.3% | R$269.09 Million | R$1.11 Billion | R$1.36 Billion | R$1.10 Billion | ▲ +1.7 pp |
| 2019 | 22.6% | R$313.87 Million | R$1.39 Billion | R$1.28 Billion | R$964.94 Million | ▼ -3.2 pp |
| 2018 | 25.8% | R$341.73 Million | R$1.33 Billion | R$1.49 Billion | R$1.15 Billion | ▼ -24.8 pp |
| 2017 | 50.6% | R$581.67 Million | R$1.15 Billion | R$1.34 Billion | R$762.88 Million | ▼ -2.3 pp |
| 2016 | 52.9% | R$543.94 Million | R$1.03 Billion | R$1.36 Billion | R$816.55 Million | ▼ -2.9 pp |
| 2015 | 55.8% | R$602.53 Million | R$1.08 Billion | R$1.45 Billion | R$850.70 Million | ▼ -3.5 pp |
| 2014 | 59.3% | R$644.08 Million | R$1.09 Billion | R$1.36 Billion | R$716.17 Million | ▲ +23.6 pp |
| 2013 | 35.7% | R$411.41 Million | R$1.15 Billion | R$1.27 Billion | R$854.78 Million | — |