Mercury Systems Inc (MRCY) — Working Capital to Net Assets Ratio
Mercury Systems Inc (MRCY) has a Working Capital to Net Assets ratio of 51.3% as of December 2025. Working capital of $749.11 Million (current assets of $1.13 Billion minus current liabilities of $383.04 Million) is measured against net assets of $1.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Mercury Systems Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mercury Systems Inc Working Capital to Net Assets (1998–2025)
This chart shows how Mercury Systems Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 51.3%, reflecting working capital of $749.11 Million against net assets of $1.46 Billion USD. Check Mercury Systems Inc (MRCY) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mercury Systems Inc (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mercury Systems Inc from 1998 to 2025, covering 28 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 MRCY market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 51.4% | $757.80 Million | $1.47 Billion | $1.06 Billion | $300.38 Million | ▲ +2.6 pp |
| 2024 | 48.8% | $719.37 Million | $1.47 Billion | $953.78 Million | $234.42 Million | ▲ +3.9 pp |
| 2023 | 44.9% | $703.75 Million | $1.57 Billion | $937.02 Million | $233.26 Million | ▲ +4.5 pp |
| 2022 | 40.4% | $621.33 Million | $1.54 Billion | $815.25 Million | $193.93 Million | ▲ +7.3 pp |
| 2021 | 33.2% | $492.28 Million | $1.48 Billion | $643.10 Million | $150.82 Million | ▼ -3.6 pp |
| 2020 | 36.7% | $508.85 Million | $1.38 Billion | $634.77 Million | $125.92 Million | ▼ -0.9 pp |
| 2019 | 37.7% | $484.14 Million | $1.28 Billion | $582.17 Million | $98.03 Million | ▲ +4.0 pp |
| 2018 | 33.7% | $260.06 Million | $771.89 Million | $331.74 Million | $71.68 Million | ▲ +9.8 pp |
| 2017 | 23.9% | $173.35 Million | $725.42 Million | $246.20 Million | $72.84 Million | ▼ -13.7 pp |
| 2016 | 37.6% | $177.75 Million | $473.04 Million | $245.39 Million | $67.64 Million | ▼ -6.7 pp |
| 2015 | 44.2% | $154.88 Million | $350.14 Million | $188.16 Million | $33.28 Million | ▲ +5.3 pp |
| 2014 | 38.9% | $127.38 Million | $327.15 Million | $160.31 Million | $32.93 Million | ▲ +3.8 pp |
| 2013 | 35.2% | $115.48 Million | $328.50 Million | $146.30 Million | $30.82 Million | ▼ -16.1 pp |
| 2012 | 51.3% | $170.76 Million | $333.10 Million | $207.70 Million | $36.94 Million | ▼ -16.4 pp |
| 2011 | 67.7% | $203.98 Million | $301.44 Million | $240.18 Million | $36.21 Million | ▲ +6.6 pp |
| 2010 | 61.1% | $109.41 Million | $179.11 Million | $145.85 Million | $36.44 Million | ▲ +5.4 pp |
| 2009 | 55.7% | $80.72 Million | $145.04 Million | $146.10 Million | $65.39 Million | ▲ +51.5 pp |
| 2008 | 4.2% | $6.08 Million | $146.51 Million | $185.84 Million | $179.76 Million | ▼ -79.3 pp |
| 2007 | 83.4% | $140.68 Million | $168.66 Million | $193.75 Million | $53.07 Million | ▲ +8.7 pp |
| 2006 | 74.7% | $143.41 Million | $191.99 Million | $201.15 Million | $57.74 Million | ▼ -26.0 pp |
| 2005 | 100.7% | $199.17 Million | $197.83 Million | $241.97 Million | $42.80 Million | ▼ -17.9 pp |
| 2004 | 118.6% | $214.46 Million | $180.86 Million | $265.44 Million | $50.98 Million | ▲ +63.2 pp |
| 2003 | 55.4% | $84.51 Million | $152.66 Million | $110.05 Million | $25.54 Million | ▼ -15.4 pp |
| 2002 | 70.8% | $96.05 Million | $135.72 Million | $114.54 Million | $18.49 Million | ▲ +2.2 pp |
| 2001 | 68.6% | $101.39 Million | $147.79 Million | $123.76 Million | $22.37 Million | ▲ +5.7 pp |
| 2000 | 62.9% | $68.20 Million | $108.36 Million | $90.00 Million | $21.80 Million | ▲ +8.3 pp |
| 1999 | 54.7% | $42.30 Million | $77.40 Million | $61.80 Million | $19.50 Million | ▲ +0.7 pp |
| 1998 | 53.9% | $32.90 Million | $61.00 Million | $45.40 Million | $12.50 Million | — |