H2O America (HTO) — Working Capital to Net Assets Ratio
H2O America (HTO) has a Working Capital to Net Assets ratio of -19.2% as of September 2025. Working capital of $-292.85 Million (current assets of $11.31 Million minus current liabilities of $304.16 Million) is measured against net assets of $1.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is H2O America to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H2O America Working Capital to Net Assets (1994–2024)
This chart shows how H2O America's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at -19.2%, reflecting working capital of $-292.85 Million against net assets of $1.52 Billion USD. See H2O America (HTO) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for H2O America (1994–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for H2O America from 1994 to 2024, covering 31 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 H2O America market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -5.2% | $-70.46 Million | $1.37 Billion | $190.71 Million | $261.17 Million | ▲ +6.6 pp |
| 2023 | -11.7% | $-144.59 Million | $1.23 Billion | $198.39 Million | $342.97 Million | ▼ -1.8 pp |
| 2022 | -9.9% | $-109.94 Million | $1.11 Billion | $158.39 Million | $268.32 Million | ▼ -3.2 pp |
| 2021 | -6.7% | $-69.19 Million | $1.03 Billion | $134.09 Million | $203.27 Million | ▲ +17.7 pp |
| 2020 | -24.4% | $-223.46 Million | $917.16 Million | $127.33 Million | $350.80 Million | ▼ -11.7 pp |
| 2019 | -12.6% | $-112.52 Million | $889.98 Million | $122.05 Million | $234.57 Million | ▼ -50.7 pp |
| 2018 | 38.1% | $338.74 Million | $889.31 Million | $502.72 Million | $163.99 Million | ▲ +42.0 pp |
| 2017 | -3.9% | $-18.19 Million | $463.21 Million | $66.86 Million | $85.05 Million | ▼ -12.5 pp |
| 2016 | 8.5% | $36.04 Million | $421.65 Million | $99.61 Million | $63.57 Million | ▲ +10.2 pp |
| 2015 | -1.6% | $-6.25 Million | $383.78 Million | $73.38 Million | $79.62 Million | ▼ -8.1 pp |
| 2014 | 6.5% | $23.40 Million | $360.15 Million | $68.09 Million | $44.69 Million | ▲ +12.6 pp |
| 2013 | -6.1% | $-19.54 Million | $321.18 Million | $39.65 Million | $59.20 Million | ▼ -3.8 pp |
| 2012 | -2.3% | $-6.20 Million | $274.60 Million | $42.91 Million | $49.11 Million | ▼ -17.6 pp |
| 2011 | 15.4% | $40.63 Million | $264.00 Million | $68.92 Million | $28.29 Million | ▲ +11.9 pp |
| 2010 | 3.5% | $8.87 Million | $255.03 Million | $38.03 Million | $29.16 Million | ▲ +5.0 pp |
| 2009 | -1.6% | $-3.95 Million | $252.76 Million | $28.01 Million | $31.96 Million | ▲ +2.9 pp |
| 2008 | -4.5% | $-11.36 Million | $254.33 Million | $31.96 Million | $43.32 Million | ▼ -3.9 pp |
| 2007 | -0.6% | $-1.36 Million | $236.93 Million | $31.59 Million | $32.95 Million | ▼ -10.3 pp |
| 2006 | 9.7% | $22.23 Million | $228.18 Million | $59.48 Million | $37.25 Million | ▲ +4.3 pp |
| 2005 | 5.5% | $10.75 Million | $195.91 Million | $31.69 Million | $20.94 Million | ▼ -1.6 pp |
| 2004 | 7.0% | $13.02 Million | $184.69 Million | $28.37 Million | $15.35 Million | ▼ -0.3 pp |
| 2003 | 7.3% | $12.20 Million | $166.37 Million | $27.34 Million | $15.14 Million | ▲ +10.5 pp |
| 2002 | -3.2% | $-4.90 Million | $153.50 Million | $18.70 Million | $23.60 Million | ▼ -0.7 pp |
| 2001 | -2.5% | $-3.73 Million | $149.35 Million | $20.43 Million | $24.16 Million | ▲ +5.5 pp |
| 2000 | -8.0% | $-11.49 Million | $144.32 Million | $15.25 Million | $26.74 Million | ▼ -5.8 pp |
| 1999 | -2.1% | $-3.04 Million | $143.89 Million | $13.80 Million | $16.84 Million | ▼ -8.7 pp |
| 1998 | 6.6% | $9.47 Million | $143.15 Million | $21.23 Million | $11.75 Million | ▲ +1.4 pp |
| 1997 | 5.2% | $7.00 Million | $133.60 Million | $15.90 Million | $8.90 Million | ▼ -4.7 pp |
| 1996 | 9.9% | $11.90 Million | $120.00 Million | $20.90 Million | $9.00 Million | ▲ +0.1 pp |
| 1995 | 9.8% | $10.70 Million | $108.90 Million | $21.50 Million | $10.80 Million | ▲ +11.5 pp |
| 1994 | -1.6% | $-1.70 Million | $104.00 Million | $13.50 Million | $15.20 Million | — |