FirstCash Inc (FCFS) — Working Capital to Net Assets Ratio
FirstCash Inc (FCFS) has a Working Capital to Net Assets ratio of 65.2% as of September 2025. Working capital of $1.43 Billion (current assets of $1.79 Billion minus current liabilities of $359.26 Million) is measured against net assets of $2.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FirstCash Inc (FCFS) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FirstCash Inc Working Capital to Net Assets (1990–2024)
This chart shows how FirstCash Inc's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 65.2%, reflecting working capital of $1.43 Billion against net assets of $2.20 Billion USD. Check FirstCash Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for FirstCash Inc (1990–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for FirstCash Inc from 1990 to 2024, covering 35 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 FirstCash Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 51.8% | $1.06 Billion | $2.05 Billion | $1.40 Billion | $339.40 Million | ▲ +3.2 pp |
| 2023 | 48.6% | $971.01 Million | $2.00 Billion | $1.31 Billion | $335.59 Million | ▲ +4.2 pp |
| 2022 | 44.4% | $835.13 Million | $1.88 Billion | $1.13 Billion | $295.53 Million | ▲ +3.7 pp |
| 2021 | 40.8% | $737.15 Million | $1.81 Billion | $1.13 Billion | $392.21 Million | ▲ +8.2 pp |
| 2020 | 32.6% | $418.16 Million | $1.28 Billion | $624.57 Million | $206.41 Million | ▼ -7.3 pp |
| 2019 | 39.9% | $538.09 Million | $1.35 Billion | $740.99 Million | $202.90 Million | ▼ -10.0 pp |
| 2018 | 49.8% | $656.85 Million | $1.32 Billion | $789.89 Million | $133.04 Million | ▲ +0.9 pp |
| 2017 | 48.9% | $721.63 Million | $1.48 Billion | $842.20 Million | $120.57 Million | ▼ -2.7 pp |
| 2016 | 51.6% | $748.51 Million | $1.45 Billion | $892.13 Million | $143.63 Million | ▼ -13.1 pp |
| 2015 | 64.7% | $279.26 Million | $431.38 Million | $325.43 Million | $46.17 Million | ▲ +5.6 pp |
| 2014 | 59.1% | $265.32 Million | $448.55 Million | $307.88 Million | $42.56 Million | ▲ +0.9 pp |
| 2013 | 58.3% | $241.46 Million | $414.36 Million | $290.22 Million | $48.76 Million | ▼ -1.4 pp |
| 2012 | 59.7% | $210.28 Million | $352.42 Million | $241.43 Million | $31.15 Million | ▲ +4.2 pp |
| 2011 | 55.5% | $175.07 Million | $315.37 Million | $210.48 Million | $35.41 Million | ▼ -1.7 pp |
| 2010 | 57.2% | $170.38 Million | $298.00 Million | $205.00 Million | $34.62 Million | ▲ +9.5 pp |
| 2009 | 47.7% | $101.30 Million | $212.44 Million | $136.59 Million | $35.29 Million | ▼ -15.8 pp |
| 2008 | 63.5% | $98.04 Million | $154.45 Million | $130.86 Million | $32.82 Million | ▲ +3.0 pp |
| 2007 | 60.5% | $121.75 Million | $201.21 Million | $142.80 Million | $21.05 Million | ▲ +10.9 pp |
| 2006 | 49.7% | $93.65 Million | $188.60 Million | $115.41 Million | $21.76 Million | ▼ -7.8 pp |
| 2005 | 57.5% | $93.51 Million | $162.71 Million | $108.14 Million | $14.63 Million | ▲ +1.9 pp |
| 2004 | 55.5% | $79.98 Million | $144.05 Million | $89.53 Million | $9.54 Million | ▲ +3.6 pp |
| 2003 | 51.9% | $60.84 Million | $117.22 Million | $71.73 Million | $10.89 Million | ▼ -2.6 pp |
| 2002 | 54.5% | $47.19 Million | $86.52 Million | $58.14 Million | $10.95 Million | ▲ +43.0 pp |
| 2001 | 11.5% | $8.54 Million | $74.10 Million | $51.97 Million | $43.43 Million | ▼ -52.2 pp |
| 2000 | 63.7% | $41.84 Million | $65.65 Million | $50.47 Million | $8.63 Million | ▼ -18.6 pp |
| 1999 | 82.4% | $56.92 Million | $69.11 Million | $63.69 Million | $6.76 Million | ▲ +17.5 pp |
| 1998 | 64.9% | $39.40 Million | $60.70 Million | $49.30 Million | $9.90 Million | ▼ -24.8 pp |
| 1997 | 89.7% | $23.60 Million | $26.30 Million | $27.10 Million | $3.50 Million | ▼ -12.7 pp |
| 1996 | 102.4% | $21.10 Million | $20.60 Million | $23.80 Million | $2.70 Million | ▲ +12.0 pp |
| 1995 | 90.5% | $17.10 Million | $18.90 Million | $18.90 Million | $1.80 Million | ▲ +11.6 pp |
| 1994 | 78.9% | $14.20 Million | $18.00 Million | $15.30 Million | $1.10 Million | ▲ +59.6 pp |
| 1993 | 19.3% | $3.80 Million | $19.70 Million | $10.90 Million | $7.10 Million | ▲ +82.9 pp |
| 1992 | -63.6% | $-4.90 Million | $7.70 Million | $9.40 Million | $14.30 Million | ▼ -139.6 pp |
| 1991 | 76.0% | $3.80 Million | $5.00 Million | $4.40 Million | $600.00K | ▲ +33.1 pp |
| 1990 | 42.9% | $600.00K | $1.40 Million | $1.10 Million | $500.00K | — |