MicroStrategy Incorporated Working Capital to Net Assets Ratio
MicroStrategy Incorporated working capital to net assets ratio. MicroStrategy Incorporated (MSTR) has a Working Capital to Net Assets ratio of 4.8% as of June 2026. Working capital of $2.17 Billion (current assets of $2.67 Billion minus current liabilities of $495.11 Million) is measured against net assets of $45.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MSTR tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MicroStrategy Incorporated (1997–2025)
Working capital to net assets ratio of MicroStrategy Incorporated from 1997 to 2025. This chart shows how MicroStrategy Incorporated's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 4.8%, reflecting working capital of $2.17 Billion against net assets of $45.33 Billion USD. See MicroStrategy Incorporated liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
MicroStrategy Incorporated Working Capital to Net Assets Ratio by Year (1997–2025)
MicroStrategy Incorporated working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for MicroStrategy Incorporated from 1997 to 2025, covering 29 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 the complete balance sheet picture, see MSTR asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 4.1% | $2.11 Billion | $51.04 Billion | $2.56 Billion | $456.49 Million | ▲ +4.7 pp |
| 2024 | -0.6% | $-103.06 Million | $18.23 Billion | $252.32 Million | $355.38 Million | ▲ +2.0 pp |
| 2023 | -2.6% | $-55.38 Million | $2.16 Billion | $267.89 Million | $323.27 Million | ▼ -16.3 pp |
| 2022 | 13.8% | $-52.84 Million | $-383.12 Million | $264.57 Million | $317.40 Million | ▲ +18.3 pp |
| 2021 | -4.5% | $-44.02 Million | $978.96 Million | $267.96 Million | $311.99 Million | ▼ -2.1 pp |
| 2020 | -2.4% | $-13.00 Million | $553.04 Million | $272.62 Million | $285.62 Million | ▼ -97.4 pp |
| 2019 | 95.1% | $483.63 Million | $508.56 Million | $753.45 Million | $269.82 Million | ▼ -3.1 pp |
| 2018 | 98.2% | $520.13 Million | $529.73 Million | $778.40 Million | $258.27 Million | ▼ -13.4 pp |
| 2017 | 111.6% | $675.79 Million | $605.73 Million | $860.65 Million | $184.86 Million | ▲ +21.1 pp |
| 2016 | 90.5% | $499.50 Million | $552.18 Million | $684.99 Million | $185.49 Million | ▲ +4.2 pp |
| 2015 | 86.2% | $392.66 Million | $455.28 Million | $565.31 Million | $172.66 Million | ▲ +4.6 pp |
| 2014 | 81.7% | $265.06 Million | $324.47 Million | $462.37 Million | $197.30 Million | ▲ +2.3 pp |
| 2013 | 79.4% | $246.43 Million | $310.33 Million | $479.95 Million | $233.52 Million | ▲ +8.1 pp |
| 2012 | 71.3% | $142.89 Million | $200.31 Million | $362.04 Million | $219.16 Million | ▼ -2.5 pp |
| 2011 | 73.9% | $124.81 Million | $168.98 Million | $343.20 Million | $218.39 Million | ▼ -0.1 pp |
| 2010 | 73.9% | $110.29 Million | $149.17 Million | $296.86 Million | $186.57 Million | ▲ +2.7 pp |
| 2009 | 71.2% | $152.59 Million | $214.23 Million | $305.22 Million | $152.63 Million | ▲ +19.6 pp |
| 2008 | 51.6% | $71.28 Million | $138.04 Million | $214.43 Million | $143.15 Million | ▼ -2.3 pp |
| 2007 | 53.9% | $55.74 Million | $103.33 Million | $182.72 Million | $126.98 Million | ▲ +6.9 pp |
| 2006 | 47.0% | $62.58 Million | $133.15 Million | $175.41 Million | $112.83 Million | ▲ +2.3 pp |
| 2005 | 44.7% | $80.70 Million | $180.72 Million | $173.39 Million | $92.68 Million | ▲ +9.1 pp |
| 2004 | 35.6% | $85.54 Million | $240.58 Million | $175.18 Million | $89.63 Million | ▼ -26.7 pp |
| 2003 | 62.3% | $27.61 Million | $44.35 Million | $89.32 Million | $61.71 Million | ▲ +42.2 pp |
| 2002 | 20.1% | $-6.92 Million | $-34.51 Million | $54.98 Million | $61.90 Million | ▼ -13.4 pp |
| 2001 | 33.4% | $-23.18 Million | $-69.36 Million | $67.94 Million | $91.11 Million | ▼ -258.9 pp |
| 2000 | 292.4% | $42.62 Million | $14.58 Million | $154.87 Million | $112.26 Million | ▲ +240.2 pp |
| 1999 | 52.2% | $53.11 Million | $101.82 Million | $121.41 Million | $68.30 Million | ▼ -9.4 pp |
| 1998 | 61.6% | $28.50 Million | $46.30 Million | $63.50 Million | $35.00 Million | ▼ -1388.4 pp |
| 1997 | 1450.0% | $-5.80 Million | $-400.00K | $21.00 Million | $26.80 Million | — |