First Internet Bancorp (INBK) — Working Capital to Net Assets Ratio
First Internet Bancorp (INBK) has a Working Capital to Net Assets ratio of -1034.1% as of March 2026. Working capital of $-3.73 Billion (current assets of $1.25 Billion minus current liabilities of $4.98 Billion) is measured against net assets of $360.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of First Internet Bancorp to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Internet Bancorp Working Capital to Net Assets (2005–2025)
This chart shows how First Internet Bancorp's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at -1034.1%, reflecting working capital of $-3.73 Billion against net assets of $360.95 Million USD. See INBK defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for First Internet Bancorp (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Internet Bancorp from 2005 to 2025, covering 21 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 market value of First Internet Bancorp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 303.0% | $1.09 Billion | $359.77 Million | $1.10 Billion | $10.00 Million | ▲ +1105.7 pp |
| 2024 | -802.7% | $-3.08 Billion | $384.06 Million | $1.85 Billion | $4.94 Billion | ▼ -186.7 pp |
| 2023 | -616.0% | $-2.23 Billion | $362.80 Million | $1.84 Billion | $4.07 Billion | ▼ -105.8 pp |
| 2022 | -510.2% | $-1.86 Billion | $364.97 Million | $1.60 Billion | $3.46 Billion | ▼ -172.7 pp |
| 2021 | -337.5% | $-1.28 Billion | $380.34 Million | $1.93 Billion | $3.21 Billion | ▲ +96.3 pp |
| 2020 | -433.8% | $-1.44 Billion | $330.94 Million | $1.89 Billion | $3.32 Billion | ▲ +1.7 pp |
| 2019 | -435.5% | $-1.33 Billion | $304.91 Million | $1.88 Billion | $3.21 Billion | ▼ -58.9 pp |
| 2018 | -376.7% | $-1.09 Billion | $288.74 Million | $1.61 Billion | $2.69 Billion | ▼ -37.5 pp |
| 2017 | -339.2% | $-760.16 Million | $224.13 Million | $1.34 Billion | $2.10 Billion | ▼ -102.6 pp |
| 2016 | -236.6% | $-364.16 Million | $153.94 Million | $1.11 Billion | $1.47 Billion | ▼ -1236.1 pp |
| 2015 | 999.6% | $1.04 Billion | $104.33 Million | $1.04 Billion | $117.00K | ▲ +151.1 pp |
| 2014 | 848.4% | $821.14 Million | $96.78 Million | $821.24 Million | $97.00K | ▲ +1328.4 pp |
| 2013 | -480.0% | $-436.35 Million | $90.91 Million | $240.50 Million | $676.85 Million | ▲ +62.3 pp |
| 2012 | -542.3% | $-332.69 Million | $61.35 Million | $201.64 Million | $534.33 Million | ▼ -13.7 pp |
| 2011 | -528.6% | $-292.95 Million | $55.42 Million | $194.99 Million | $487.94 Million | ▲ +243.2 pp |
| 2010 | -771.8% | $-377.39 Million | $48.90 Million | $46.61 Million | $424.00 Million | ▲ +54.5 pp |
| 2009 | -826.3% | $-369.87 Million | $44.76 Million | $42.52 Million | $412.40 Million | ▲ +68.8 pp |
| 2008 | -895.0% | $-406.46 Million | $45.41 Million | $34.17 Million | $440.63 Million | ▼ -45.6 pp |
| 2007 | -849.5% | $-391.50 Million | $46.09 Million | $71.62 Million | $463.11 Million | ▲ +37.7 pp |
| 2006 | -887.1% | $-378.52 Million | $42.67 Million | $5.42 Million | $383.94 Million | ▼ -150.0 pp |
| 2005 | -737.1% | $-320.51 Million | $43.48 Million | $8.62 Million | $329.14 Million | — |