Mister Car Wash, Inc. Common Stock (MCW) — Working Capital to Net Assets Ratio
Mister Car Wash, Inc. Common Stock (MCW) has a Working Capital to Net Assets ratio of -8.0% as of March 2026. Working capital of $-93.95 Million (current assets of $88.78 Million minus current liabilities of $182.74 Million) is measured against net assets of $1.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mister Car Wash, Inc. Common Stock defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mister Car Wash, Inc. Common Stock Working Capital to Net Assets (2019–2025)
This chart shows how Mister Car Wash, Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at -8.0%, reflecting working capital of $-93.95 Million against net assets of $1.18 Billion USD. For the complete balance sheet picture, see total assets of Mister Car Wash, Inc. Common Stock.
Annual Working Capital to Net Assets for Mister Car Wash, Inc. Common Stock (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mister Car Wash, Inc. Common Stock from 2019 to 2025, covering 7 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 asset resilience ratio of Mister Car Wash, Inc. Common Stock 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 | -11.0% | $-125.17 Million | $1.13 Billion | $59.68 Million | $184.85 Million | ▼ -2.2 pp |
| 2024 | -8.8% | $-87.88 Million | $998.35 Million | $99.09 Million | $186.97 Million | ▲ +3.1 pp |
| 2023 | -11.9% | $-108.67 Million | $915.03 Million | $60.89 Million | $169.56 Million | ▼ -5.8 pp |
| 2022 | -6.0% | $-48.36 Million | $801.13 Million | $106.14 Million | $154.49 Million | ▲ +4.8 pp |
| 2021 | -10.9% | $-71.39 Million | $657.15 Million | $58.84 Million | $130.23 Million | ▼ -83.1 pp |
| 2020 | 72.2% | $12.02 Million | $16.65 Million | $134.97 Million | $122.95 Million | ▼ -10.3 pp |
| 2019 | 82.5% | $-52.47 Million | $-63.60 Million | $33.10 Million | $85.57 Million | — |