Duolingo Inc Working Capital to Net Assets Ratio
Duolingo Inc working capital to net assets ratio. Duolingo Inc (DUOL) has a Working Capital to Net Assets ratio of 70.5% as of June 2026. Working capital of $993.28 Million (current assets of $1.57 Billion minus current liabilities of $577.83 Million) is measured against net assets of $1.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check DUOL tangible net assets ratio 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 Duolingo Inc (2019–2025)
Working capital to net assets ratio of Duolingo Inc from 2019 to 2025. This chart shows how Duolingo 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 70.5%, reflecting working capital of $993.28 Million against net assets of $1.41 Billion USD. See Duolingo Inc (DUOL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Duolingo Inc Working Capital to Net Assets Ratio by Year (2019–2025)
Duolingo 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 Duolingo 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 Duolingo Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 65.7% | $885.46 Million | $1.35 Billion | $1.44 Billion | $551.15 Million | ▼ -16.7 pp |
| 2024 | 82.4% | $679.36 Million | $824.55 Million | $1.10 Billion | $422.23 Million | ▼ -12.3 pp |
| 2023 | 94.7% | $620.44 Million | $655.50 Million | $897.80 Million | $277.36 Million | ▼ -0.4 pp |
| 2022 | 95.1% | $515.42 Million | $542.08 Million | $697.18 Million | $181.77 Million | ▼ -2.4 pp |
| 2021 | 97.5% | $500.14 Million | $513.06 Million | $619.27 Million | $119.13 Million | ▲ +6.5 pp |
| 2020 | 90.9% | $92.69 Million | $101.92 Million | $158.38 Million | $65.69 Million | ▲ +3.8 pp |
| 2019 | 87.2% | $46.82 Million | $53.71 Million | $78.92 Million | $32.11 Million | — |