ChampionX Corporation (CHX) — 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. See CHX net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ChampionX Corporation Working Capital to Net Assets (2015–2024)
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. Check ChampionX Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ChampionX Corporation (2015–2024)
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 live market cap and the full company profile, see how much is ChampionX Corporation worth.
| 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 | — |