Walmart Inc (WALM34) — Working Capital to Net Assets Ratio
Walmart Inc (WALM34) has a Working Capital to Net Assets ratio of -23.7% as of October 2025. Working capital of R$-22.81 Billion (current assets of R$92.92 Billion minus current liabilities of R$115.73 Billion) is measured against net assets of R$96.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See WALM34 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Walmart Inc Working Capital to Net Assets (2015–2025)
This chart shows how Walmart Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of October 2025, the ratio stands at -23.7%, reflecting working capital of R$-22.81 Billion against net assets of R$96.09 Billion BRL. Check WALM34 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Walmart Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Walmart Inc from 2015 to 2025, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see WALM34 company net worth.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -17.5% | R$-17.13 Billion | R$97.69 Billion | R$79.46 Billion | R$96.58 Billion | ▼ -0.4 pp |
| 2024 | -17.2% | R$-15.54 Billion | R$90.57 Billion | R$76.88 Billion | R$92.42 Billion | ▲ +4.4 pp |
| 2023 | -21.6% | R$-16.54 Billion | R$76.69 Billion | R$75.66 Billion | R$92.20 Billion | ▼ -14.0 pp |
| 2022 | -7.6% | R$-6.31 Billion | R$83.25 Billion | R$81.07 Billion | R$87.38 Billion | ▼ -4.4 pp |
| 2021 | -3.2% | R$-2.58 Billion | R$80.92 Billion | R$90.07 Billion | R$92.64 Billion | ▲ +18.2 pp |
| 2020 | -21.4% | R$-15.98 Billion | R$74.67 Billion | R$61.81 Billion | R$77.79 Billion | ▲ +0.1 pp |
| 2019 | -21.5% | R$-15.58 Billion | R$72.50 Billion | R$61.90 Billion | R$77.48 Billion | ▲ +2.7 pp |
| 2018 | -24.2% | R$-18.86 Billion | R$77.87 Billion | R$59.66 Billion | R$78.52 Billion | ▼ -12.3 pp |
| 2017 | -11.9% | R$-9.24 Billion | R$77.80 Billion | R$57.69 Billion | R$66.93 Billion | ▼ -6.6 pp |
| 2016 | -5.2% | R$-4.38 Billion | R$83.61 Billion | R$60.24 Billion | R$64.62 Billion | ▼ -2.9 pp |
| 2015 | -2.3% | R$-1.98 Billion | R$85.94 Billion | R$63.28 Billion | R$65.25 Billion | — |