Micware Co., Ltd. American Depositary Shares (MWC) — Working Capital to Net Assets Ratio
Micware Co., Ltd. American Depositary Shares (MWC) has a Working Capital to Net Assets ratio of 71.9% as of August 2025. Working capital of $5.41 Billion (current assets of $13.25 Billion minus current liabilities of $7.84 Billion) is measured against net assets of $7.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Micware Co., Ltd. American Depositary Sh (MWC) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Micware Co., Ltd. American Depositary Shares Working Capital to Net Assets (2024–2025)
This chart shows how Micware Co., Ltd. American Depositary Shares's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2024 to 2025. As of August 2025, the ratio stands at 71.9%, reflecting working capital of $5.41 Billion against net assets of $7.52 Billion USD. See defensive interval ratio of Micware Co., Ltd. American Depositary Sh to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Micware Co., Ltd. American Depositary Shares (2024–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Micware Co., Ltd. American Depositary Shares from 2024 to 2025, covering 2 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 Micware Co., Ltd. American Depositary Sh market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.4% | $6.74 Billion | $6.71 Billion | $14.06 Billion | $7.32 Billion | ▼ -3.8 pp |
| 2024 | 104.2% | $4.78 Billion | $4.58 Billion | $10.38 Billion | $5.60 Billion | — |