Deswell Industries Inc (DSWL) — Working Capital to Net Assets Ratio
Deswell Industries Inc (DSWL) has a Working Capital to Net Assets ratio of 78.7% as of September 2025. Working capital of $85.06 Million (current assets of $104.92 Million minus current liabilities of $19.86 Million) is measured against net assets of $108.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Deswell Industries Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Deswell Industries Inc Working Capital to Net Assets (1996–2025)
This chart shows how Deswell Industries Inc's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of September 2025, the ratio stands at 78.7%, reflecting working capital of $85.06 Million against net assets of $108.05 Million USD. Check Deswell Industries Inc (DSWL) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Deswell Industries Inc (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Deswell Industries Inc from 1996 to 2025, covering 30 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 market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |