Ionis Pharmaceuticals Inc (IONS) — Working Capital to Net Assets Ratio
Ionis Pharmaceuticals Inc (IONS) has a Working Capital to Net Assets ratio of 495.5% as of June 2026. Working capital of $2.18 Billion (current assets of $2.49 Billion minus current liabilities of $316.00 Million) is measured against net assets of $439.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Ionis Pharmaceuticals Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ionis Pharmaceuticals Inc Working Capital to Net Assets (1990–2025)
This chart shows how Ionis Pharmaceuticals Inc's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1990 to 2025. As of June 2026, the ratio stands at 495.5%, reflecting working capital of $2.18 Billion against net assets of $439.02 Million USD. For the complete balance sheet picture, see Ionis Pharmaceuticals Inc total assets.
Annual Working Capital to Net Assets for Ionis Pharmaceuticals Inc (1990–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ionis Pharmaceuticals Inc from 1990 to 2025, covering 36 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 IONS asset liquidity 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 | 451.5% | $2.21 Billion | $489.09 Million | $2.99 Billion | $781.57 Million | ▲ +58.8 pp |
| 2024 | 392.8% | $2.31 Billion | $588.35 Million | $2.62 Billion | $309.32 Million | ▼ -174.5 pp |
| 2023 | 567.3% | $2.19 Billion | $386.69 Million | $2.64 Billion | $448.09 Million | ▲ +237.2 pp |
| 2022 | 330.1% | $1.89 Billion | $572.89 Million | $2.20 Billion | $311.56 Million | ▲ +57.6 pp |
| 2021 | 272.5% | $2.10 Billion | $772.00 Million | $2.35 Billion | $241.00 Million | ▲ +54.3 pp |
| 2020 | 218.3% | $1.84 Billion | $843.00 Million | $2.13 Billion | $290.00 Million | ▲ +73.0 pp |
| 2019 | 145.3% | $2.45 Billion | $1.69 Billion | $2.72 Billion | $273.00 Million | ▼ -17.1 pp |
| 2018 | 162.4% | $1.93 Billion | $1.19 Billion | $2.21 Billion | $280.29 Million | ▼ -62.9 pp |
| 2017 | 225.3% | $943.24 Million | $418.72 Million | $1.17 Billion | $224.74 Million | ▼ -441.8 pp |
| 2016 | 667.0% | $664.15 Million | $99.56 Million | $797.93 Million | $133.78 Million | ▲ +324.3 pp |
| 2015 | 342.7% | $688.13 Million | $200.79 Million | $837.00 Million | $148.88 Million | ▲ +62.9 pp |
| 2014 | 279.8% | $721.26 Million | $257.78 Million | $836.60 Million | $115.33 Million | ▲ +111.3 pp |
| 2013 | 168.5% | $637.70 Million | $378.39 Million | $735.51 Million | $97.81 Million | ▼ -22.5 pp |
| 2012 | 191.0% | $349.12 Million | $182.77 Million | $423.44 Million | $74.32 Million | ▲ +25.3 pp |
| 2011 | 165.7% | $284.03 Million | $171.43 Million | $360.14 Million | $76.11 Million | ▲ +11.4 pp |
| 2010 | 154.3% | $377.25 Million | $244.54 Million | $483.14 Million | $105.89 Million | ▼ -6.2 pp |
| 2009 | 160.5% | $484.68 Million | $302.06 Million | $596.13 Million | $111.44 Million | ▼ -217.2 pp |
| 2008 | 377.6% | $393.69 Million | $104.25 Million | $518.38 Million | $124.70 Million | ▼ -1039.1 pp |
| 2007 | 1416.7% | $145.11 Million | $10.24 Million | $207.32 Million | $62.20 Million | ▲ +1231.8 pp |
| 2006 | 184.9% | $181.06 Million | $97.90 Million | $206.20 Million | $25.14 Million | ▼ -2894.4 pp |
| 2005 | 3079.4% | $82.06 Million | $2.67 Million | $105.86 Million | $23.79 Million | ▲ +3193.3 pp |
| 2004 | -113.9% | $82.19 Million | $-72.13 Million | $125.61 Million | $43.42 Million | ▼ -402.7 pp |
| 2003 | 288.8% | $194.00 Million | $67.18 Million | $239.56 Million | $45.56 Million | ▲ +131.7 pp |
| 2002 | 157.1% | $244.23 Million | $155.48 Million | $320.18 Million | $75.95 Million | ▲ +31.3 pp |
| 2001 | 125.8% | $280.57 Million | $223.10 Million | $328.82 Million | $48.25 Million | ▼ -52.9 pp |
| 2000 | 178.7% | $118.57 Million | $66.37 Million | $133.20 Million | $14.64 Million | ▼ -5346.3 pp |
| 1999 | 5525.0% | $44.20 Million | $800.00K | $59.20 Million | $15.00 Million | ▲ +6494.0 pp |
| 1998 | -969.0% | $40.70 Million | $-4.20 Million | $63.20 Million | $22.50 Million | ▼ -1148.4 pp |
| 1997 | 179.4% | $62.60 Million | $34.90 Million | $89.20 Million | $26.60 Million | ▲ +83.0 pp |
| 1996 | 96.4% | $56.30 Million | $58.40 Million | $79.40 Million | $23.10 Million | ▲ +17.4 pp |
| 1995 | 79.1% | $60.00 Million | $75.90 Million | $79.00 Million | $19.00 Million | ▲ +5.8 pp |
| 1994 | 73.3% | $33.70 Million | $46.00 Million | $45.00 Million | $11.30 Million | ▼ -2.1 pp |
| 1993 | 75.4% | $44.10 Million | $58.50 Million | $55.60 Million | $11.50 Million | ▲ +1.3 pp |
| 1992 | 74.1% | $29.50 Million | $39.80 Million | $38.50 Million | $9.00 Million | ▼ -19.8 pp |
| 1991 | 93.9% | $55.50 Million | $59.10 Million | $62.80 Million | $7.30 Million | ▲ +70.4 pp |
| 1990 | 23.5% | $400.00K | $1.70 Million | $1.90 Million | $1.50 Million | — |