ChampionX Corporation Working Capital to Net Assets Ratio
ChampionX Corporation working capital to net assets ratio. ChampionX Corporation (CHX) has a Working Capital to Net Assets ratio of 51.7% as of March 2025. Working capital of $983.89 Million (current assets of $1.77 Billion minus current liabilities of $784.90 Million) is measured against net assets of $1.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of ChampionX Corporation (2015–2024)
Working capital to net assets ratio of ChampionX Corporation from 2015 to 2024. This chart shows how ChampionX Corporation's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of March 2025, the ratio stands at 51.7%, reflecting working capital of $983.89 Million against net assets of $1.90 Billion USD. See operational self-sufficiency of ChampionX Corporation to measure how many days the company can operate on defensive assets alone.
ChampionX Corporation Working Capital to Net Assets Ratio by Year (2015–2024)
ChampionX Corporation working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for ChampionX Corporation from 2015 to 2024, covering 10 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 the complete balance sheet picture, see how large is ChampionX Corporation's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.5% | $778.02 Million | $1.83 Billion | $1.56 Billion | $785.87 Million | ▲ +3.8 pp |
| 2023 | 38.7% | $642.67 Million | $1.66 Billion | $1.43 Billion | $782.75 Million | ▲ +0.6 pp |
| 2022 | 38.1% | $639.61 Million | $1.68 Billion | $1.50 Billion | $858.98 Million | ▲ +0.6 pp |
| 2021 | 37.5% | $658.58 Million | $1.75 Billion | $1.46 Billion | $802.33 Million | ▼ -2.4 pp |
| 2020 | 39.9% | $643.28 Million | $1.61 Billion | $1.27 Billion | $622.56 Million | ▲ +11.5 pp |
| 2019 | 28.3% | $293.76 Million | $1.04 Billion | $493.44 Million | $199.68 Million | ▼ -5.1 pp |
| 2018 | 33.4% | $328.31 Million | $981.53 Million | $530.31 Million | $202.00 Million | ▲ +15.7 pp |
| 2017 | 17.7% | $290.30 Million | $1.64 Billion | $441.37 Million | $151.06 Million | ▲ +2.0 pp |
| 2016 | 15.7% | $243.63 Million | $1.55 Billion | $356.32 Million | $112.69 Million | ▼ -1.2 pp |
| 2015 | 16.9% | $277.82 Million | $1.64 Billion | $405.77 Million | $127.95 Million | — |