H&E Equipment Services Inc (HEES) — Working Capital to Net Assets Ratio
H&E Equipment Services Inc (HEES) has a Working Capital to Net Assets ratio of 16.9% as of March 2025. Working capital of $102.15 Million (current assets of $236.19 Million minus current liabilities of $134.05 Million) is measured against net assets of $603.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HEES FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H&E Equipment Services Inc Working Capital to Net Assets (2003–2024)
This chart shows how H&E Equipment Services Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of March 2025, the ratio stands at 16.9%, reflecting working capital of $102.15 Million against net assets of $603.88 Million USD. See HEES defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for H&E Equipment Services Inc (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for H&E Equipment Services Inc from 2003 to 2024, covering 22 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 H&E Equipment Services Inc (HEES) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -41.1% | $-323.30 Million | $785.66 Million | $16.41 Million | $339.71 Million | ▼ -76.4 pp |
| 2023 | 35.2% | $188.32 Million | $534.29 Million | $374.60 Million | $186.28 Million | ▼ -24.1 pp |
| 2022 | 59.4% | $238.12 Million | $401.04 Million | $435.92 Million | $197.80 Million | ▼ -90.8 pp |
| 2021 | 150.1% | $455.50 Million | $303.38 Million | $610.90 Million | $155.41 Million | ▼ -29.1 pp |
| 2020 | 179.2% | $426.98 Million | $238.23 Million | $572.61 Million | $145.63 Million | ▲ +194.3 pp |
| 2019 | -15.1% | $-46.43 Million | $307.52 Million | $302.19 Million | $348.62 Million | ▼ -13.0 pp |
| 2018 | -2.1% | $-5.39 Million | $256.80 Million | $333.34 Million | $338.73 Million | ▼ -128.6 pp |
| 2017 | 126.5% | $274.26 Million | $216.79 Million | $426.13 Million | $151.87 Million | ▲ +159.9 pp |
| 2016 | -33.4% | $-47.65 Million | $142.76 Million | $209.14 Million | $256.79 Million | ▼ -2.2 pp |
| 2015 | -31.2% | $-44.47 Million | $142.59 Million | $261.36 Million | $305.83 Million | ▲ +4.7 pp |
| 2014 | -35.9% | $-47.88 Million | $133.37 Million | $323.33 Million | $371.21 Million | ▼ -81.6 pp |
| 2013 | 45.7% | $43.34 Million | $94.81 Million | $267.24 Million | $223.90 Million | ▲ +58.4 pp |
| 2012 | -12.7% | $-6.19 Million | $48.64 Million | $235.74 Million | $241.93 Million | ▼ -21.8 pp |
| 2011 | 9.1% | $24.06 Million | $264.21 Million | $199.93 Million | $175.87 Million | ▼ -6.5 pp |
| 2010 | 15.6% | $39.63 Million | $254.25 Million | $209.12 Million | $169.49 Million | ▲ +90.4 pp |
| 2009 | -74.9% | $-208.77 Million | $278.88 Million | $45.34 Million | $254.11 Million | ▼ -104.2 pp |
| 2008 | 29.4% | $85.18 Million | $290.21 Million | $302.52 Million | $217.34 Million | ▲ +65.4 pp |
| 2007 | -36.1% | $-103.93 Million | $288.08 Million | $315.81 Million | $419.74 Million | ▼ -34.0 pp |
| 2006 | -2.1% | $-4.88 Million | $235.58 Million | $249.92 Million | $254.81 Million | ▼ -1822.4 pp |
| 2005 | 1820.3% | $-93.56 Million | $-5.14 Million | $187.62 Million | $281.19 Million | ▲ +1648.6 pp |
| 2004 | 171.7% | $-57.19 Million | $-33.30 Million | $130.12 Million | $187.30 Million | ▼ -119.0 pp |
| 2003 | 290.7% | $-56.87 Million | $-19.56 Million | $113.11 Million | $169.97 Million | — |