Construtora Tenda S.A (TEND3) — Working Capital to Net Assets Ratio
Construtora Tenda S.A (TEND3) has a Working Capital to Net Assets ratio of 142.0% as of September 2025. Working capital of R$1.76 Billion (current assets of R$3.74 Billion minus current liabilities of R$1.98 Billion) is measured against net assets of R$1.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TEND3 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Construtora Tenda S.A Working Capital to Net Assets (2004–2024)
This chart shows how Construtora Tenda S.A's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 142.0%, reflecting working capital of R$1.76 Billion against net assets of R$1.24 Billion BRL. For the complete balance sheet picture, see Construtora Tenda S.A balance sheet assets.
Annual Working Capital to Net Assets for Construtora Tenda S.A (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Construtora Tenda S.A from 2004 to 2024, covering 21 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 TEND3 financial resilience 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 | 130.5% | R$1.25 Billion | R$956.36 Million | R$3.20 Billion | R$1.95 Billion | ▲ +16.4 pp |
| 2023 | 114.1% | R$986.49 Million | R$864.44 Million | R$2.53 Billion | R$1.54 Billion | ▲ +40.5 pp |
| 2022 | 73.6% | R$528.22 Million | R$717.61 Million | R$2.01 Billion | R$1.48 Billion | ▼ -53.0 pp |
| 2021 | 126.6% | R$1.54 Billion | R$1.21 Billion | R$2.82 Billion | R$1.28 Billion | ▲ +25.0 pp |
| 2020 | 101.6% | R$1.54 Billion | R$1.52 Billion | R$2.76 Billion | R$1.22 Billion | ▼ -41.0 pp |
| 2019 | 142.6% | R$1.93 Billion | R$1.35 Billion | R$2.51 Billion | R$578.97 Million | ▲ +31.7 pp |
| 2018 | 110.8% | R$1.33 Billion | R$1.20 Billion | R$1.79 Billion | R$453.58 Million | ▲ +24.3 pp |
| 2017 | 86.5% | R$1.01 Billion | R$1.16 Billion | R$1.41 Billion | R$405.77 Million | ▲ +6.2 pp |
| 2016 | 80.3% | R$863.83 Million | R$1.08 Billion | R$1.22 Billion | R$353.54 Million | ▲ +3.4 pp |
| 2015 | 76.9% | R$866.18 Million | R$1.13 Billion | R$1.37 Billion | R$502.95 Million | ▼ -7.0 pp |
| 2014 | 83.8% | R$907.37 Million | R$1.08 Billion | R$1.58 Billion | R$671.74 Million | ▼ -6.8 pp |
| 2013 | 90.6% | R$1.04 Billion | R$1.15 Billion | R$1.88 Billion | R$836.99 Million | ▼ -25.1 pp |
| 2012 | 115.7% | R$2.17 Billion | R$1.88 Billion | R$2.88 Billion | R$712.29 Million | ▲ +48.9 pp |
| 2011 | 66.9% | R$1.40 Billion | R$2.10 Billion | R$2.57 Billion | R$1.17 Billion | ▼ -36.8 pp |
| 2010 | 103.6% | R$1.95 Billion | R$1.88 Billion | R$2.37 Billion | R$425.68 Million | ▲ +13.1 pp |
| 2009 | 90.6% | R$1.02 Billion | R$1.13 Billion | R$1.37 Billion | R$344.61 Million | ▼ -61.3 pp |
| 2008 | 151.8% | R$2.45 Billion | R$1.61 Billion | R$3.78 Billion | R$1.33 Billion | ▲ +81.9 pp |
| 2007 | 69.9% | R$493.62 Million | R$706.08 Million | R$624.31 Million | R$130.69 Million | ▲ +76.6 pp |
| 2006 | -6.7% | R$-1.23 Million | R$18.39 Million | R$38.08 Million | R$39.31 Million | ▼ -33.2 pp |
| 2005 | 26.5% | R$3.83 Million | R$14.45 Million | R$33.32 Million | R$29.49 Million | ▼ -73.1 pp |
| 2004 | 99.6% | R$11.74 Million | R$11.78 Million | R$33.56 Million | R$21.82 Million | — |