Moderna Inc (MRNA) — Working Capital to Net Assets Ratio
Moderna Inc (MRNA) has a Working Capital to Net Assets ratio of 48.5% as of June 2026. Working capital of $3.28 Billion (current assets of $5.82 Billion minus current liabilities of $2.53 Billion) is measured against net assets of $6.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Moderna Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Moderna Inc Working Capital to Net Assets (2014–2025)
This chart shows how Moderna Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 48.5%, reflecting working capital of $3.28 Billion against net assets of $6.76 Billion USD. For the complete balance sheet picture, see Moderna Inc assets under control.
Annual Working Capital to Net Assets for Moderna Inc (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Moderna Inc from 2014 to 2025, covering 12 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 MRNA financial resilience 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 | 52.7% | $4.56 Billion | $8.65 Billion | $6.54 Billion | $1.99 Billion | ▼ -1.4 pp |
| 2024 | 54.1% | $5.89 Billion | $10.90 Billion | $8.10 Billion | $2.21 Billion | ▲ +1.3 pp |
| 2023 | 52.8% | $7.31 Billion | $13.85 Billion | $10.32 Billion | $3.02 Billion | ▲ +8.3 pp |
| 2022 | 44.5% | $8.51 Billion | $19.12 Billion | $13.43 Billion | $4.92 Billion | ▼ -4.6 pp |
| 2021 | 49.1% | $6.94 Billion | $14.14 Billion | $16.07 Billion | $9.13 Billion | ▼ -25.5 pp |
| 2020 | 74.5% | $1.91 Billion | $2.56 Billion | $6.30 Billion | $4.39 Billion | ▼ -9.4 pp |
| 2019 | 83.9% | $985.69 Million | $1.17 Billion | $1.13 Billion | $143.12 Million | ▼ -3.7 pp |
| 2018 | 87.6% | $1.34 Billion | $1.53 Billion | $1.56 Billion | $222.80 Million | ▼ -7.1 pp |
| 2017 | 94.6% | $591.76 Million | $625.30 Million | $783.22 Million | $191.46 Million | ▼ -15.2 pp |
| 2016 | 109.8% | $924.35 Million | $841.85 Million | $1.09 Billion | $162.80 Million | ▼ -30.6 pp |
| 2015 | 140.4% | $126.66K | $90.19K | $261.85K | $135.19K | ▲ +153.6 pp |
| 2014 | -13.1% | $574.00K | $-4.37 Million | $2.52 Million | $1.94 Million | — |