Deswell Industries Inc (DSWL) — Working Capital to Net Assets Ratio
Deswell Industries Inc (DSWL) has a Working Capital to Net Assets ratio of 79.1% as of March 2026. Working capital of $86.53 Million (current assets of $106.89 Million minus current liabilities of $20.36 Million) is measured against net assets of $109.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DSWL financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Deswell Industries Inc Working Capital to Net Assets (1996–2026)
This chart shows how Deswell Industries Inc's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1996 to 2026. As of March 2026, the ratio stands at 79.1%, reflecting working capital of $86.53 Million against net assets of $109.39 Million USD. See DSWL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Deswell Industries Inc (1996–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Deswell Industries Inc from 1996 to 2026, covering 31 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 DSWL company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 79.1% | $86.53 Million | $109.39 Million | $106.89 Million | $20.36 Million | ▲ +2.0 pp |
| 2025 | 77.1% | $78.77 Million | $102.12 Million | $96.49 Million | $17.72 Million | ▲ +6.2 pp |
| 2024 | 71.0% | $66.83 Million | $94.17 Million | $83.25 Million | $16.43 Million | ▲ +3.0 pp |
| 2023 | 67.9% | $60.91 Million | $89.65 Million | $81.16 Million | $20.25 Million | ▼ -2.4 pp |
| 2022 | 70.4% | $63.98 Million | $90.91 Million | $87.95 Million | $23.97 Million | ▲ +3.3 pp |
| 2021 | 67.1% | $57.47 Million | $85.69 Million | $78.69 Million | $21.21 Million | ▲ +3.5 pp |
| 2020 | 63.6% | $51.06 Million | $80.32 Million | $65.37 Million | $14.31 Million | ▼ -1.2 pp |
| 2019 | 64.8% | $54.41 Million | $83.96 Million | $69.96 Million | $15.55 Million | ▲ +3.6 pp |
| 2018 | 61.3% | $49.78 Million | $81.28 Million | $68.91 Million | $19.12 Million | ▲ +7.0 pp |
| 2017 | 54.2% | $41.31 Million | $76.20 Million | $56.09 Million | $14.79 Million | ▲ +2.3 pp |
| 2016 | 51.9% | $39.89 Million | $76.81 Million | $50.65 Million | $10.76 Million | ▼ -2.6 pp |
| 2015 | 54.6% | $45.86 Million | $84.06 Million | $58.24 Million | $12.38 Million | ▼ -2.2 pp |
| 2014 | 56.8% | $50.87 Million | $89.61 Million | $61.89 Million | $11.03 Million | ▼ -0.6 pp |
| 2013 | 57.4% | $58.30 Million | $101.58 Million | $69.29 Million | $10.99 Million | ▲ +0.8 pp |
| 2012 | 56.6% | $60.93 Million | $107.69 Million | $75.20 Million | $14.27 Million | ▲ +2.9 pp |
| 2011 | 53.6% | $59.69 Million | $111.29 Million | $75.56 Million | $15.87 Million | ▲ +4.2 pp |
| 2010 | 49.5% | $59.85 Million | $121.02 Million | $72.84 Million | $13.00 Million | ▲ +6.5 pp |
| 2009 | 42.9% | $51.62 Million | $120.31 Million | $68.79 Million | $17.18 Million | ▼ -2.2 pp |
| 2008 | 45.2% | $54.75 Million | $121.26 Million | $73.90 Million | $19.15 Million | ▼ -3.9 pp |
| 2007 | 49.1% | $58.67 Million | $119.54 Million | $80.34 Million | $21.67 Million | ▲ +0.9 pp |
| 2006 | 48.2% | $55.11 Million | $114.40 Million | $71.38 Million | $16.27 Million | ▼ -2.2 pp |
| 2005 | 50.4% | $57.58 Million | $114.19 Million | $80.36 Million | $22.79 Million | ▼ -3.8 pp |
| 2004 | 54.2% | $52.88 Million | $97.60 Million | $68.79 Million | $15.92 Million | ▼ -11.8 pp |
| 2003 | 65.9% | $58.22 Million | $88.31 Million | $76.07 Million | $17.85 Million | ▼ -2.6 pp |
| 2002 | 68.5% | $54.92 Million | $80.18 Million | $69.47 Million | $14.55 Million | ▲ +4.0 pp |
| 2001 | 64.5% | $47.36 Million | $73.42 Million | $57.39 Million | $10.03 Million | ▼ -7.7 pp |
| 2000 | 72.2% | $44.73 Million | $61.96 Million | $54.59 Million | $9.86 Million | ▲ +0.2 pp |
| 1999 | 72.0% | $41.10 Million | $57.10 Million | $48.30 Million | $7.20 Million | ▲ +2.6 pp |
| 1998 | 69.4% | $36.00 Million | $51.90 Million | $43.20 Million | $7.20 Million | ▲ +5.1 pp |
| 1997 | 64.3% | $21.40 Million | $33.30 Million | $29.00 Million | $7.60 Million | ▼ -2.3 pp |
| 1996 | 66.5% | $15.30 Million | $23.00 Million | $19.00 Million | $3.70 Million | — |