F5 Networks Inc (FFIV) — Working Capital to Net Assets Ratio

Latest as of June 2026: 30.5%

F5 Networks Inc (FFIV) has a Working Capital to Net Assets ratio of 30.5% as of June 2026. Working capital of $1.18 Billion (current assets of $2.95 Billion minus current liabilities of $1.77 Billion) is measured against net assets of $3.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See FFIV cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

30.5%
Working Capital / Net Assets

Working Capital

$1.18 Billion
USD

Current Assets

$2.95 Billion
USD

Current Liabilities

$1.77 Billion
USD

F5 Networks Inc Working Capital to Net Assets (1998–2025)

This chart shows how F5 Networks Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 30.5%, reflecting working capital of $1.18 Billion against net assets of $3.86 Billion USD. For the complete balance sheet picture, see FFIV asset base.

Annual Working Capital to Net Assets for F5 Networks Inc (1998–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for F5 Networks Inc from 1998 to 2025, covering 28 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. Check F5 Networks Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 24.2% $869.10 Million $3.59 Billion $2.48 Billion $1.61 Billion ▲ +5.4 pp
2024 18.8% $587.14 Million $3.13 Billion $2.08 Billion $1.49 Billion ▲ +6.4 pp
2023 12.3% $344.79 Million $2.80 Billion $1.82 Billion $1.47 Billion ▲ +10.8 pp
2022 1.5% $37.62 Million $2.47 Billion $1.88 Billion $1.84 Billion ▼ -6.3 pp
2021 7.9% $185.31 Million $2.36 Billion $1.58 Billion $1.39 Billion ▼ -13.5 pp
2020 21.3% $475.55 Million $2.23 Billion $1.76 Billion $1.29 Billion ▼ -1.7 pp
2019 23.1% $406.06 Million $1.76 Billion $1.51 Billion $1.11 Billion ▼ -13.0 pp
2018 36.0% $463.23 Million $1.29 Billion $1.42 Billion $954.43 Million ▼ -2.3 pp
2017 38.4% $471.68 Million $1.23 Billion $1.41 Billion $934.54 Million ▲ +0.9 pp
2016 37.5% $444.56 Million $1.19 Billion $1.29 Billion $844.24 Million ▲ +4.6 pp
2015 32.9% $433.02 Million $1.32 Billion $1.19 Billion $755.12 Million ▲ +6.5 pp
2014 26.4% $361.87 Million $1.37 Billion $998.85 Million $636.98 Million ▲ +9.2 pp
2013 17.2% $265.02 Million $1.54 Billion $816.37 Million $551.35 Million ▼ -6.1 pp
2012 23.3% $310.05 Million $1.33 Billion $776.08 Million $466.03 Million ▼ -12.1 pp
2011 35.4% $391.37 Million $1.11 Billion $763.67 Million $372.31 Million ▲ +3.6 pp
2010 31.8% $318.87 Million $1.00 Billion $605.96 Million $287.08 Million ▲ +1.1 pp
2009 30.7% $245.17 Million $799.02 Million $468.18 Million $223.01 Million ▲ +11.7 pp
2008 19.0% $136.55 Million $718.26 Million $323.37 Million $186.82 Million ▼ -11.3 pp
2007 30.3% $233.24 Million $770.58 Million $386.65 Million $153.41 Million ▼ -28.7 pp
2006 58.9% $363.34 Million $616.46 Million $462.98 Million $99.64 Million ▲ +9.2 pp
2005 49.8% $231.10 Million $464.21 Million $294.42 Million $63.33 Million ▲ +9.7 pp
2004 40.1% $123.24 Million $307.64 Million $173.81 Million $50.57 Million ▲ +9.5 pp
2003 30.5% $33.73 Million $110.43 Million $69.74 Million $36.01 Million ▼ -49.0 pp
2002 79.5% $74.51 Million $93.69 Million $105.80 Million $31.29 Million ▲ +1.9 pp
2001 77.6% $74.89 Million $96.49 Million $101.90 Million $27.01 Million ▲ +2.5 pp
2000 75.2% $65.90 Million $87.69 Million $100.63 Million $34.73 Million ▼ -15.2 pp
1999 90.3% $28.90 Million $32.00 Million $39.80 Million $10.90 Million ▲ +0.8 pp
1998 89.5% $6.80 Million $7.60 Million $8.60 Million $1.80 Million
pp = percentage points