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$96.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See WALM34 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Walmart Inc Working Capital to Net Assets (2015–2025)
This chart shows how Walmart Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of October 2025, the ratio stands at -23.7%, reflecting working capital of R$-22.81 Billion against net assets of R$96.09 Billion BRL. For the complete balance sheet picture, see WALM34 current and non-current assets.
Annual Working Capital to Net Assets for Walmart Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Walmart Inc from 2015 to 2025, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Walmart Inc (WALM34) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (BRL) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -17.5% | R$-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 | — |