Palo Alto Networks Inc Working Capital to Net Assets Ratio
Palo Alto Networks Inc working capital to net assets ratio. Palo Alto Networks Inc (PANW) has a Working Capital to Net Assets ratio of -4.7% as of July 2026. Working capital of $-1.28 Billion (current assets of $8.64 Billion minus current liabilities of $9.92 Billion) is measured against net assets of $27.49 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PANW 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 Palo Alto Networks Inc (2010–2026)
Working capital to net assets ratio of Palo Alto Networks Inc from 2010 to 2026. This chart shows how Palo Alto Networks Inc's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2010 to 2026. As of July 2026, the ratio stands at -4.7%, reflecting working capital of $-1.28 Billion against net assets of $27.49 Billion USD. See Palo Alto Networks Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Palo Alto Networks Inc Working Capital to Net Assets Ratio by Year (2010–2026)
Palo Alto Networks Inc working capital to net assets ratio by year from 2010 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Palo Alto Networks Inc from 2010 to 2026, covering 17 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 Palo Alto Networks Inc assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -4.7% | $-1.28 Billion | $27.49 Billion | $8.64 Billion | $9.92 Billion | ▲ +6.7 pp |
| 2025 | -11.3% | $-884.70 Million | $7.82 Billion | $7.10 Billion | $7.99 Billion | ▲ +4.8 pp |
| 2024 | -16.1% | $-833.00 Million | $5.17 Billion | $6.85 Billion | $7.68 Billion | ▲ +80.5 pp |
| 2023 | -96.6% | $-1.69 Billion | $1.75 Billion | $6.05 Billion | $7.74 Billion | ▲ +804.0 pp |
| 2022 | -900.7% | $-1.89 Billion | $210.00 Million | $6.41 Billion | $8.31 Billion | ▼ -839.2 pp |
| 2021 | -61.5% | $-469.40 Million | $763.60 Million | $4.65 Billion | $5.12 Billion | ▼ -282.7 pp |
| 2020 | 221.2% | $2.44 Billion | $1.10 Billion | $5.13 Billion | $2.69 Billion | ▲ +119.6 pp |
| 2019 | 101.6% | $1.61 Billion | $1.59 Billion | $3.66 Billion | $2.05 Billion | ▼ -100.0 pp |
| 2018 | 201.6% | $1.99 Billion | $988.30 Million | $4.13 Billion | $2.14 Billion | ▲ +99.6 pp |
| 2017 | 102.0% | $775.00 Million | $759.60 Million | $1.98 Billion | $1.20 Billion | ▼ -8.4 pp |
| 2016 | 110.4% | $872.30 Million | $789.90 Million | $1.72 Billion | $846.80 Million | ▲ +103.2 pp |
| 2015 | 7.3% | $41.80 Million | $575.82 Million | $1.07 Billion | $1.03 Billion | ▼ -123.0 pp |
| 2014 | 130.2% | $610.15 Million | $468.58 Million | $958.33 Million | $348.17 Million | ▲ +11.4 pp |
| 2013 | 118.8% | $323.60 Million | $272.42 Million | $529.70 Million | $206.10 Million | ▲ +5.4 pp |
| 2012 | 113.3% | $259.65 Million | $229.07 Million | $381.66 Million | $122.01 Million | ▲ +127.0 pp |
| 2011 | -13.6% | $9.74 Million | $-71.45 Million | $76.84 Million | $67.10 Million | ▼ -3.0 pp |
| 2010 | -10.7% | $7.00 Million | $-65.65 Million | $35.66 Million | $28.66 Million | — |