Coupang Inc. (788) — Working Capital to Net Assets Ratio

Latest as of June 2026: -46.2%

Coupang Inc. (788) has a Working Capital to Net Assets ratio of -46.2% as of June 2026. Working capital of €-1.38 Billion (current assets of €9.26 Billion minus current liabilities of €10.64 Billion) is measured against net assets of €2.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 788 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-46.2%
Working Capital / Net Assets

Working Capital

€-1.38 Billion
EUR

Current Assets

€9.26 Billion
EUR

Current Liabilities

€10.64 Billion
EUR

Coupang Inc. Working Capital to Net Assets (2020–2025)

This chart shows how Coupang Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at -46.2%, reflecting working capital of €-1.38 Billion against net assets of €2.99 Billion EUR. For the complete balance sheet picture, see Coupang Inc. total assets.

Annual Working Capital to Net Assets for Coupang Inc. (2020–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Coupang Inc. from 2020 to 2025, covering 6 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. Read 788 total liabilities for a breakdown of total debt and financial obligations.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 7.2% €334.00 Million €4.62 Billion €9.69 Billion €9.36 Billion ▼ -23.9 pp
2024 31.2% €1.28 Billion €4.10 Billion €8.99 Billion €7.72 Billion ▲ +8.0 pp
2023 23.2% €947.00 Million €4.09 Billion €7.89 Billion €6.95 Billion ▼ -8.6 pp
2022 31.8% €767.00 Million €2.41 Billion €5.83 Billion €5.06 Billion ▼ -9.2 pp
2021 41.0% €892.52 Million €2.18 Billion €5.64 Billion €4.74 Billion ▲ +19.1 pp
2020 21.9% €-892.00 Million €-4.07 Billion €2.84 Billion €3.73 Billion
pp = percentage points