American Water Works Company Inc. (AWC) — Working Capital to Net Assets Ratio
American Water Works Company Inc. (AWC) has a Working Capital to Net Assets ratio of -23.5% as of March 2026. Working capital of €-2.59 Billion (current assets of €1.52 Billion minus current liabilities of €4.12 Billion) is measured against net assets of €11.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See American Water Works Company Inc. (AWC) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
American Water Works Company Inc. Working Capital to Net Assets (2019–2025)
This chart shows how American Water Works Company Inc.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at -23.5%, reflecting working capital of €-2.59 Billion against net assets of €11.04 Billion EUR. For the complete balance sheet picture, see AWC asset base.
Annual Working Capital to Net Assets for American Water Works Company Inc. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for American Water Works Company Inc. from 2019 to 2025, covering 7 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 AWC 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 | -23.6% | €-2.56 Billion | €10.84 Billion | €2.19 Billion | €4.75 Billion | ▼ -4.9 pp |
| 2024 | -18.7% | €-1.94 Billion | €10.33 Billion | €1.22 Billion | €3.15 Billion | ▼ -11.0 pp |
| 2023 | -7.8% | €-762.00 Million | €9.80 Billion | €1.39 Billion | €2.15 Billion | ▲ +12.5 pp |
| 2022 | -20.3% | €-1.56 Billion | €7.69 Billion | €1.25 Billion | €2.81 Billion | ▼ -12.2 pp |
| 2021 | -8.0% | €-587.00 Million | €7.30 Billion | €1.55 Billion | €2.14 Billion | ▲ +7.1 pp |
| 2020 | -15.1% | €-975.00 Million | €6.45 Billion | €1.91 Billion | €2.88 Billion | ▼ -2.7 pp |
| 2019 | -12.4% | €-760.00 Million | €6.12 Billion | €1.28 Billion | €2.04 Billion | — |