Adobe Systems Incorporated (ADBE) — Working Capital to Net Assets Ratio
Adobe Systems Incorporated (ADBE) has a Working Capital to Net Assets ratio of -8.8% as of February 2026. Working capital of $-1.00 Billion (current assets of $10.39 Billion minus current liabilities of $11.39 Billion) is measured against net assets of $11.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Adobe Systems Incorporated balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Adobe Systems Incorporated Working Capital to Net Assets (1986–2025)
This chart shows how Adobe Systems Incorporated's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at -8.8%, reflecting working capital of $-1.00 Billion against net assets of $11.43 Billion USD. Check tangible equity quality of Adobe Systems Incorporated to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Adobe Systems Incorporated (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Adobe Systems Incorporated from 1986 to 2025, covering 40 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 ADBE market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.3% | $-37.00 Million | $11.62 Billion | $10.16 Billion | $10.20 Billion | ▼ -5.4 pp |
| 2024 | 5.0% | $711.00 Million | $14.11 Billion | $11.23 Billion | $10.52 Billion | ▼ -12.1 pp |
| 2023 | 17.2% | $2.83 Billion | $16.52 Billion | $11.08 Billion | $8.25 Billion | ▲ +11.0 pp |
| 2022 | 6.2% | $868.00 Million | $14.05 Billion | $9.00 Billion | $8.13 Billion | ▼ -5.6 pp |
| 2021 | 11.7% | $1.74 Billion | $14.80 Billion | $8.67 Billion | $6.93 Billion | ▼ -8.1 pp |
| 2020 | 19.9% | $2.63 Billion | $13.26 Billion | $8.15 Billion | $5.51 Billion | ▲ +36.0 pp |
| 2019 | -16.1% | $-1.70 Billion | $10.53 Billion | $6.50 Billion | $8.19 Billion | ▼ -22.0 pp |
| 2018 | 5.9% | $555.91 Million | $9.36 Billion | $4.86 Billion | $4.30 Billion | ▼ -38.0 pp |
| 2017 | 44.0% | $3.72 Billion | $8.46 Billion | $7.25 Billion | $3.53 Billion | ▲ +3.2 pp |
| 2016 | 40.8% | $3.03 Billion | $7.42 Billion | $5.84 Billion | $2.81 Billion | ▲ +3.5 pp |
| 2015 | 37.3% | $2.61 Billion | $7.00 Billion | $4.82 Billion | $2.21 Billion | ▲ +6.1 pp |
| 2014 | 31.1% | $2.11 Billion | $6.78 Billion | $4.60 Billion | $2.49 Billion | ▼ -6.4 pp |
| 2013 | 37.5% | $2.52 Billion | $6.72 Billion | $4.05 Billion | $1.53 Billion | ▼ -9.4 pp |
| 2012 | 46.9% | $3.13 Billion | $6.67 Billion | $4.40 Billion | $1.27 Billion | ▲ +3.3 pp |
| 2011 | 43.6% | $2.52 Billion | $5.78 Billion | $3.77 Billion | $1.25 Billion | ▲ +2.2 pp |
| 2010 | 41.4% | $2.15 Billion | $5.19 Billion | $3.22 Billion | $1.07 Billion | ▲ +8.1 pp |
| 2009 | 33.3% | $1.63 Billion | $4.89 Billion | $2.47 Billion | $844.55 Million | ▼ -11.4 pp |
| 2008 | 44.7% | $1.97 Billion | $4.41 Billion | $2.74 Billion | $762.60 Million | ▲ +7.7 pp |
| 2007 | 37.0% | $1.72 Billion | $4.65 Billion | $2.57 Billion | $852.41 Million | ▼ -5.8 pp |
| 2006 | 42.8% | $2.21 Billion | $5.15 Billion | $2.88 Billion | $677.35 Million | ▼ -39.1 pp |
| 2005 | 82.0% | $1.53 Billion | $1.86 Billion | $2.01 Billion | $480.39 Million | ▲ +4.7 pp |
| 2004 | 77.2% | $1.10 Billion | $1.42 Billion | $1.55 Billion | $451.41 Million | ▼ -3.8 pp |
| 2003 | 81.1% | $892.50 Million | $1.10 Billion | $1.33 Billion | $436.53 Million | ▲ +16.3 pp |
| 2002 | 64.8% | $436.88 Million | $674.32 Million | $814.17 Million | $377.29 Million | ▼ -8.8 pp |
| 2001 | 73.5% | $453.71 Million | $616.97 Million | $767.36 Million | $313.65 Million | ▼ -1.3 pp |
| 2000 | 74.9% | $563.31 Million | $752.54 Million | $877.91 Million | $314.61 Million | ▲ +5.5 pp |
| 1999 | 69.4% | $355.39 Million | $512.21 Million | $623.01 Million | $267.63 Million | ▲ +29.7 pp |
| 1998 | 39.7% | $204.98 Million | $516.37 Million | $455.94 Million | $250.97 Million | ▼ -23.8 pp |
| 1997 | 63.5% | $454.30 Million | $715.42 Million | $678.95 Million | $224.65 Million | ▼ -8.1 pp |
| 1996 | 71.6% | $506.09 Million | $706.51 Million | $725.81 Million | $219.72 Million | ▼ -0.9 pp |
| 1995 | 72.5% | $506.47 Million | $698.42 Million | $692.79 Million | $186.31 Million | ▼ -5.8 pp |
| 1994 | 78.3% | $402.84 Million | $514.32 Million | $598.52 Million | $195.69 Million | ▼ -6.4 pp |
| 1993 | 84.7% | $230.60 Million | $272.30 Million | $304.30 Million | $73.70 Million | ▲ +10.1 pp |
| 1992 | 74.6% | $167.60 Million | $224.60 Million | $224.40 Million | $56.80 Million | ▲ +6.4 pp |
| 1991 | 68.2% | $124.70 Million | $182.80 Million | $161.60 Million | $36.90 Million | ▲ +1.3 pp |
| 1990 | 66.9% | $72.10 Million | $107.80 Million | $109.10 Million | $37.00 Million | ▼ -6.6 pp |
| 1989 | 73.5% | $43.20 Million | $58.80 Million | $77.30 Million | $34.10 Million | ▲ +0.1 pp |
| 1988 | 73.4% | $32.50 Million | $44.30 Million | $51.50 Million | $19.00 Million | ▼ -1.5 pp |
| 1987 | 74.9% | $17.60 Million | $23.50 Million | $25.50 Million | $7.90 Million | ▼ -9.0 pp |
| 1986 | 83.9% | $11.50 Million | $13.70 Million | $16.60 Million | $5.10 Million | — |