American Public Education Inc (APEI) — Working Capital to Net Assets Ratio
American Public Education Inc (APEI) has a Working Capital to Net Assets ratio of 62.3% as of June 2026. Working capital of $195.56 Million (current assets of $282.52 Million minus current liabilities of $86.96 Million) is measured against net assets of $314.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See American Public Education Inc (APEI) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
American Public Education Inc Working Capital to Net Assets (2005–2025)
This chart shows how American Public Education Inc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of June 2026, the ratio stands at 62.3%, reflecting working capital of $195.56 Million against net assets of $314.06 Million USD. For the complete balance sheet picture, see APEI asset base.
Annual Working Capital to Net Assets for American Public Education Inc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for American Public Education Inc from 2005 to 2025, covering 21 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 American Public Education Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 62.7% | $184.77 Million | $294.78 Million | $259.82 Million | $75.05 Million | ▲ +3.0 pp |
| 2024 | 59.7% | $181.42 Million | $303.88 Million | $260.57 Million | $79.16 Million | ▲ +10.6 pp |
| 2023 | 49.1% | $143.39 Million | $291.98 Million | $217.38 Million | $73.99 Million | ▲ +16.1 pp |
| 2022 | 33.0% | $115.33 Million | $349.73 Million | $186.09 Million | $70.76 Million | ▲ +4.4 pp |
| 2021 | 28.6% | $118.96 Million | $415.61 Million | $202.64 Million | $83.68 Million | ▼ -35.5 pp |
| 2020 | 64.1% | $196.75 Million | $306.93 Million | $251.81 Million | $55.06 Million | ▲ +4.2 pp |
| 2019 | 59.9% | $177.63 Million | $296.73 Million | $222.91 Million | $45.28 Million | ▲ +1.3 pp |
| 2018 | 58.6% | $188.24 Million | $321.27 Million | $232.57 Million | $44.33 Million | ▲ +7.5 pp |
| 2017 | 51.1% | $147.78 Million | $289.41 Million | $191.13 Million | $43.35 Million | ▲ +5.1 pp |
| 2016 | 45.9% | $121.54 Million | $264.67 Million | $163.72 Million | $42.17 Million | ▲ +12.1 pp |
| 2015 | 33.9% | $80.31 Million | $237.15 Million | $131.11 Million | $50.80 Million | ▼ -3.7 pp |
| 2014 | 37.6% | $87.97 Million | $234.22 Million | $136.22 Million | $48.25 Million | ▲ +7.5 pp |
| 2013 | 30.1% | $62.33 Million | $207.07 Million | $116.58 Million | $54.26 Million | ▼ -20.2 pp |
| 2012 | 50.2% | $86.00 Million | $171.15 Million | $141.07 Million | $55.07 Million | ▼ -11.0 pp |
| 2011 | 61.3% | $82.03 Million | $133.83 Million | $138.72 Million | $56.69 Million | ▼ -0.8 pp |
| 2010 | 62.1% | $60.42 Million | $97.30 Million | $98.00 Million | $37.59 Million | ▼ -10.4 pp |
| 2009 | 72.4% | $59.42 Million | $82.02 Million | $88.38 Million | $28.96 Million | ▲ +4.5 pp |
| 2008 | 68.0% | $36.36 Million | $53.48 Million | $58.00 Million | $21.65 Million | ▲ +4.0 pp |
| 2007 | 64.0% | $21.43 Million | $33.51 Million | $34.84 Million | $13.41 Million | ▲ +1.9 pp |
| 2006 | 62.1% | $10.45 Million | $16.82 Million | $18.99 Million | $8.55 Million | ▲ +22.6 pp |
| 2005 | 39.5% | $5.74 Million | $14.54 Million | $11.73 Million | $5.99 Million | — |