TOTVS S.A (TOTS3) — Working Capital to Net Assets Ratio
TOTVS S.A (TOTS3) has a Working Capital to Net Assets ratio of 29.1% as of June 2026. Working capital of R$1.59 Billion (current assets of R$3.47 Billion minus current liabilities of R$1.89 Billion) is measured against net assets of R$5.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TOTS3 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TOTVS S.A Working Capital to Net Assets (2004–2025)
This chart shows how TOTVS S.A's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 29.1%, reflecting working capital of R$1.59 Billion against net assets of R$5.46 Billion BRL. For the complete balance sheet picture, see how large is TOTVS S.A's balance sheet.
Annual Working Capital to Net Assets for TOTVS S.A (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TOTVS 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. Check financial resilience of TOTVS S.A 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 | 34.9% | R$1.90 Billion | R$5.44 Billion | R$3.88 Billion | R$1.98 Billion | ▲ +2.4 pp |
| 2024 | 32.5% | R$1.62 Billion | R$4.99 Billion | R$2.76 Billion | R$1.14 Billion | ▼ -18.6 pp |
| 2023 | 51.0% | R$2.56 Billion | R$5.01 Billion | R$3.91 Billion | R$1.35 Billion | ▼ -12.1 pp |
| 2022 | 63.1% | R$2.89 Billion | R$4.58 Billion | R$6.23 Billion | R$3.34 Billion | ▲ +14.8 pp |
| 2021 | 48.3% | R$2.17 Billion | R$4.49 Billion | R$5.49 Billion | R$3.32 Billion | ▲ +17.9 pp |
| 2020 | 30.4% | R$791.94 Million | R$2.60 Billion | R$2.83 Billion | R$2.04 Billion | ▼ -22.0 pp |
| 2019 | 52.4% | R$1.30 Billion | R$2.48 Billion | R$2.00 Billion | R$705.55 Million | ▲ +28.3 pp |
| 2018 | 24.1% | R$310.52 Million | R$1.29 Billion | R$1.02 Billion | R$709.61 Million | ▼ -9.1 pp |
| 2017 | 33.2% | R$419.06 Million | R$1.26 Billion | R$1.04 Billion | R$619.29 Million | ▲ +6.4 pp |
| 2016 | 26.8% | R$327.54 Million | R$1.22 Billion | R$951.74 Million | R$624.20 Million | ▼ -13.5 pp |
| 2015 | 40.3% | R$498.99 Million | R$1.24 Billion | R$1.16 Billion | R$658.68 Million | ▼ -29.1 pp |
| 2014 | 69.5% | R$776.55 Million | R$1.12 Billion | R$1.16 Billion | R$379.61 Million | ▲ +15.8 pp |
| 2013 | 53.7% | R$574.10 Million | R$1.07 Billion | R$941.75 Million | R$367.65 Million | ▲ +8.7 pp |
| 2012 | 45.0% | R$410.96 Million | R$913.15 Million | R$744.98 Million | R$334.02 Million | ▲ +4.2 pp |
| 2011 | 40.8% | R$305.81 Million | R$749.87 Million | R$621.34 Million | R$315.53 Million | ▼ -2.5 pp |
| 2010 | 43.3% | R$273.46 Million | R$631.58 Million | R$528.68 Million | R$255.22 Million | ▼ -8.6 pp |
| 2009 | 51.9% | R$281.15 Million | R$542.02 Million | R$485.23 Million | R$204.08 Million | ▲ +13.2 pp |
| 2008 | 38.6% | R$177.48 Million | R$459.22 Million | R$345.07 Million | R$167.59 Million | ▼ -6.5 pp |
| 2007 | 45.2% | R$161.66 Million | R$357.90 Million | R$244.15 Million | R$82.49 Million | ▲ +8.3 pp |
| 2006 | 36.9% | R$129.24 Million | R$350.20 Million | R$199.23 Million | R$69.99 Million | ▼ -15.6 pp |
| 2005 | 52.5% | R$40.15 Million | R$76.47 Million | R$78.63 Million | R$38.48 Million | ▼ -14.0 pp |
| 2004 | 66.5% | R$21.15 Million | R$31.81 Million | R$45.83 Million | R$24.67 Million | — |