Global-E Online Ltd (GLBE) — Working Capital to Net Assets Ratio
Global-E Online Ltd (GLBE) has a Working Capital to Net Assets ratio of 51.1% as of December 2025. Working capital of $476.71 Million (current assets of $986.66 Million minus current liabilities of $509.95 Million) is measured against net assets of $932.68 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GLBE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global-E Online Ltd Working Capital to Net Assets (2018–2025)
This chart shows how Global-E Online Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 51.1%, reflecting working capital of $476.71 Million against net assets of $932.68 Million USD. For the complete balance sheet picture, see Global-E Online Ltd total assets.
Annual Working Capital to Net Assets for Global-E Online Ltd (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global-E Online Ltd from 2018 to 2025, covering 8 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 Global-E Online Ltd (GLBE) asset resilience 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 | 51.1% | $476.71 Million | $932.68 Million | $986.66 Million | $509.95 Million | ▲ +9.2 pp |
| 2024 | 41.9% | $374.77 Million | $893.43 Million | $723.21 Million | $348.44 Million | ▲ +14.6 pp |
| 2023 | 27.4% | $246.95 Million | $901.98 Million | $520.46 Million | $273.51 Million | ▲ +9.6 pp |
| 2022 | 17.8% | $165.07 Million | $928.12 Million | $374.65 Million | $209.58 Million | ▼ -52.8 pp |
| 2021 | 70.6% | $490.89 Million | $695.75 Million | $622.46 Million | $131.57 Million | ▲ +21.6 pp |
| 2020 | 48.9% | $69.20 Million | $141.50 Million | $153.10 Million | $83.90 Million | ▲ +44.2 pp |
| 2019 | 4.7% | $-2.48 Million | $-53.03 Million | $39.32 Million | $41.80 Million | ▼ -65.3 pp |
| 2018 | 70.0% | $5.69 Million | $8.13 Million | $26.10 Million | $20.41 Million | — |