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 66.8% as of February 2026. Working capital of $5.75 Billion (current assets of $14.52 Billion minus current liabilities of $8.76 Billion) is measured against net assets of $8.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Micware Co., Ltd. American Depositary Sh defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Micware Co., Ltd. American Depositary Shares Working Capital to Net Assets (2024–2026)
This chart shows how Micware Co., Ltd. American Depositary Shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2024 to 2026. As of February 2026, the ratio stands at 66.8%, reflecting working capital of $5.75 Billion against net assets of $8.61 Billion USD. For the complete balance sheet picture, see Micware Co., Ltd. American Depositary Sh assets under control.
Annual Working Capital to Net Assets for Micware Co., Ltd. American Depositary Shares (2024–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Micware Co., Ltd. American Depositary Shares from 2024 to 2026, covering 3 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. Explore Micware Co., Ltd. American Depositary Sh long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 66.8% | $5.75 Billion | $8.61 Billion | $14.52 Billion | $8.76 Billion | ▼ -32.5 pp |
| 2025 | 99.4% | $6.74 Billion | $6.78 Billion | $14.06 Billion | $7.32 Billion | ▼ -3.3 pp |
| 2024 | 102.7% | $4.78 Billion | $4.65 Billion | $10.38 Billion | $5.60 Billion | — |