Coinbase Global Inc Working Capital to Net Assets Ratio
Coinbase Global Inc working capital to net assets ratio. Coinbase Global Inc (COIN) has a Working Capital to Net Assets ratio of 29.9% as of June 2026. Working capital of $3.91 Billion (current assets of $11.13 Billion minus current liabilities of $7.22 Billion) is measured against net assets of $13.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Coinbase Global Inc's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Coinbase Global Inc (2019–2025)
Working capital to net assets ratio of Coinbase Global Inc from 2019 to 2025. This chart shows how Coinbase Global Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 29.9%, reflecting working capital of $3.91 Billion against net assets of $13.08 Billion USD. See COIN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Coinbase Global Inc Working Capital to Net Assets Ratio by Year (2019–2025)
Coinbase Global Inc working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Coinbase Global Inc from 2019 to 2025, covering 7 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 Coinbase Global Inc total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 79.0% | $11.69 Billion | $14.79 Billion | $20.39 Billion | $8.70 Billion | ▼ -20.0 pp |
| 2024 | 99.0% | $10.17 Billion | $10.28 Billion | $18.11 Billion | $7.94 Billion | ▲ +5.5 pp |
| 2023 | 93.5% | $5.87 Billion | $6.28 Billion | $11.36 Billion | $5.49 Billion | ▼ -9.8 pp |
| 2022 | 103.3% | $5.63 Billion | $5.45 Billion | $86.45 Billion | $80.82 Billion | ▼ -5.7 pp |
| 2021 | 109.0% | $6.95 Billion | $6.38 Billion | $18.37 Billion | $11.42 Billion | ▲ +16.9 pp |
| 2020 | 92.1% | $887.09 Million | $963.58 Million | $5.13 Billion | $4.25 Billion | ▼ -61.5 pp |
| 2019 | 153.6% | $763.50 Million | $497.09 Million | $1.99 Billion | $1.22 Billion | — |