Biogen Inc (BIIB) — Working Capital to Net Assets Ratio
Biogen Inc (BIIB) has a Working Capital to Net Assets ratio of 30.8% as of December 2025. Working capital of $5.62 Billion (current assets of $8.97 Billion minus current liabilities of $3.35 Billion) is measured against net assets of $18.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BIIB net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Biogen Inc Working Capital to Net Assets (1985–2025)
This chart shows how Biogen Inc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 30.8%, reflecting working capital of $5.62 Billion against net assets of $18.26 Billion USD. Check tangible net worth ratio of Biogen Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Biogen Inc (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Biogen Inc from 1985 to 2025, covering 41 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 Biogen Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.8% | $5.62 Billion | $18.26 Billion | $8.97 Billion | $3.35 Billion | ▲ +19.3 pp |
| 2024 | 11.5% | $1.93 Billion | $16.72 Billion | $7.46 Billion | $5.53 Billion | ▼ -11.6 pp |
| 2023 | 23.1% | $3.42 Billion | $14.80 Billion | $6.86 Billion | $3.43 Billion | ▼ -25.5 pp |
| 2022 | 48.7% | $6.52 Billion | $13.39 Billion | $9.79 Billion | $3.27 Billion | ▲ +16.2 pp |
| 2021 | 32.5% | $3.56 Billion | $10.96 Billion | $7.86 Billion | $4.30 Billion | ▲ +3.0 pp |
| 2020 | 29.4% | $3.14 Billion | $10.69 Billion | $6.89 Billion | $3.74 Billion | ▲ +3.1 pp |
| 2019 | 26.4% | $3.52 Billion | $13.34 Billion | $8.38 Billion | $4.86 Billion | ▼ -7.0 pp |
| 2018 | 33.3% | $4.35 Billion | $13.03 Billion | $7.64 Billion | $3.30 Billion | ▼ -2.4 pp |
| 2017 | 35.8% | $4.51 Billion | $12.60 Billion | $7.87 Billion | $3.37 Billion | ▼ -8.7 pp |
| 2016 | 44.5% | $5.40 Billion | $12.13 Billion | $8.73 Billion | $3.34 Billion | ▲ +0.5 pp |
| 2015 | 44.0% | $4.12 Billion | $9.37 Billion | $6.70 Billion | $2.58 Billion | ▲ +21.3 pp |
| 2014 | 22.7% | $2.45 Billion | $10.81 Billion | $4.67 Billion | $2.22 Billion | ▲ +6.1 pp |
| 2013 | 16.5% | $1.43 Billion | $8.62 Billion | $3.18 Billion | $1.76 Billion | ▼ -6.2 pp |
| 2012 | 22.8% | $1.59 Billion | $6.96 Billion | $3.24 Billion | $1.66 Billion | ▼ -9.3 pp |
| 2011 | 32.1% | $2.06 Billion | $6.43 Billion | $2.98 Billion | $912.89 Million | ▲ +4.7 pp |
| 2010 | 27.3% | $1.49 Billion | $5.45 Billion | $2.54 Billion | $1.05 Billion | ▼ -0.8 pp |
| 2009 | 28.2% | $1.77 Billion | $6.26 Billion | $2.48 Billion | $714.94 Million | ▲ +1.8 pp |
| 2008 | 26.4% | $1.53 Billion | $5.81 Billion | $2.46 Billion | $923.22 Million | ▲ +23.2 pp |
| 2007 | 3.2% | $179.23 Million | $5.53 Billion | $2.37 Billion | $2.19 Billion | ▼ -12.6 pp |
| 2006 | 15.8% | $1.13 Billion | $7.15 Billion | $1.71 Billion | $582.86 Million | ▲ +0.8 pp |
| 2005 | 15.0% | $1.04 Billion | $6.91 Billion | $1.62 Billion | $583.04 Million | ▲ +5.2 pp |
| 2004 | 9.8% | $670.30 Million | $6.83 Billion | $1.93 Billion | $1.26 Billion | ▼ -10.5 pp |
| 2003 | 20.3% | $1.43 Billion | $7.05 Billion | $1.84 Billion | $404.82 Million | ▼ -52.4 pp |
| 2002 | 72.7% | $1.16 Billion | $1.60 Billion | $1.22 Billion | $56.23 Million | ▲ +13.2 pp |
| 2001 | 59.5% | $802.78 Million | $1.35 Billion | $1.10 Billion | $294.94 Million | ▼ -4.4 pp |
| 2000 | 63.9% | $707.25 Million | $1.11 Billion | $928.27 Million | $221.02 Million | ▼ -9.6 pp |
| 1999 | 73.5% | $719.96 Million | $979.53 Million | $910.23 Million | $190.27 Million | ▼ -4.9 pp |
| 1998 | 78.4% | $563.48 Million | $718.61 Million | $694.14 Million | $130.66 Million | ▼ -9.6 pp |
| 1997 | 88.0% | $472.18 Million | $536.29 Million | $596.07 Million | $123.88 Million | ▲ +16.2 pp |
| 1996 | 71.8% | $347.81 Million | $484.37 Million | $435.75 Million | $87.95 Million | ▼ -3.1 pp |
| 1995 | 74.9% | $286.91 Million | $382.98 Million | $340.31 Million | $53.40 Million | ▲ +0.1 pp |
| 1994 | 74.8% | $246.86 Million | $329.93 Million | $294.78 Million | $47.93 Million | ▼ -10.5 pp |
| 1993 | 85.4% | $277.60 Million | $325.20 Million | $309.40 Million | $31.80 Million | ▲ +0.4 pp |
| 1992 | 85.0% | $242.20 Million | $285.00 Million | $268.40 Million | $26.20 Million | ▲ +3.4 pp |
| 1991 | 81.6% | $195.10 Million | $239.00 Million | $209.20 Million | $14.10 Million | ▲ +7.4 pp |
| 1990 | 74.2% | $108.10 Million | $145.70 Million | $120.80 Million | $12.70 Million | ▼ -7.4 pp |
| 1989 | 81.6% | $113.60 Million | $139.20 Million | $119.60 Million | $6.00 Million | ▲ +8.7 pp |
| 1988 | 72.9% | $49.60 Million | $68.00 Million | $57.60 Million | $8.00 Million | ▼ -1.0 pp |
| 1987 | 73.9% | $50.20 Million | $67.90 Million | $57.80 Million | $7.60 Million | ▼ -0.4 pp |
| 1986 | 74.4% | $66.40 Million | $89.30 Million | $73.60 Million | $7.20 Million | ▲ +8.1 pp |
| 1985 | 66.2% | $49.60 Million | $74.90 Million | $57.00 Million | $7.40 Million | — |