Toyota Motor Corporation (TMN) — Working Capital to Net Assets Ratio
Toyota Motor Corporation (TMN) has a Working Capital to Net Assets ratio of 22.5% as of March 2026. Working capital of MX$9.22 Trillion (current assets of MX$42.82 Trillion minus current liabilities of MX$33.61 Trillion) is measured against net assets of MX$41.02 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Toyota Motor Corporation to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toyota Motor Corporation Working Capital to Net Assets (2014–2026)
This chart shows how Toyota Motor Corporation's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 22.5%, reflecting working capital of MX$9.22 Trillion against net assets of MX$41.02 Trillion MXN. See Toyota Motor Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Toyota Motor Corporation (2014–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toyota Motor Corporation from 2014 to 2026, covering 13 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 TMN stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MXN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 22.5% | MX$9.22 Trillion | MX$41.02 Trillion | MX$42.82 Trillion | MX$33.61 Trillion | ▲ +1.7 pp |
| 2025 | 20.7% | MX$7.64 Trillion | MX$36.88 Trillion | MX$37.08 Trillion | MX$29.43 Trillion | ▲ +5.0 pp |
| 2024 | 15.7% | MX$5.54 Trillion | MX$35.24 Trillion | MX$34.71 Trillion | MX$29.18 Trillion | ▲ +7.2 pp |
| 2023 | 8.5% | MX$2.50 Trillion | MX$29.26 Trillion | MX$26.46 Trillion | MX$23.96 Trillion | ▲ +1.6 pp |
| 2022 | 6.9% | MX$1.88 Trillion | MX$27.15 Trillion | MX$23.72 Trillion | MX$21.84 Trillion | ▲ +1.5 pp |
| 2021 | 5.4% | MX$1.32 Trillion | MX$24.29 Trillion | MX$22.78 Trillion | MX$21.46 Trillion | ▲ +1.5 pp |
| 2020 | 4.0% | MX$821.11 Billion | MX$20.74 Trillion | MX$18.96 Trillion | MX$18.14 Trillion | ▲ +0.7 pp |
| 2019 | 3.3% | MX$652.30 Billion | MX$20.07 Trillion | MX$18.88 Trillion | MX$18.23 Trillion | ▲ +1.4 pp |
| 2018 | 1.8% | MX$355.76 Billion | MX$19.43 Trillion | MX$18.15 Trillion | MX$17.80 Trillion | ▼ -1.0 pp |
| 2017 | 2.8% | MX$514.73 Billion | MX$18.18 Trillion | MX$17.83 Trillion | MX$17.32 Trillion | ▼ -9.0 pp |
| 2016 | 11.8% | MX$2.09 Trillion | MX$17.61 Trillion | MX$18.21 Trillion | MX$16.12 Trillion | ▲ +3.3 pp |
| 2015 | 8.5% | MX$1.50 Trillion | MX$17.65 Trillion | MX$17.94 Trillion | MX$16.43 Trillion | ▲ +1.7 pp |
| 2014 | 6.8% | MX$1.04 Trillion | MX$15.22 Trillion | MX$15.72 Trillion | MX$14.68 Trillion | — |