PayPay Corporation American Depository Shares (PAYP) — Working Capital to Net Assets Ratio
PayPay Corporation American Depository Shares (PAYP) has a Working Capital to Net Assets ratio of 1150.8% as of December 2025. Working capital of $3.69 Trillion (current assets of $4.90 Trillion minus current liabilities of $1.22 Trillion) is measured against net assets of $320.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PayPay Corporation American Depository S free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PayPay Corporation American Depository Shares Working Capital to Net Assets (2023–2025)
This chart shows how PayPay Corporation American Depository Shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of December 2025, the ratio stands at 1150.8%, reflecting working capital of $3.69 Trillion against net assets of $320.23 Billion USD. See PAYP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PayPay Corporation American Depository Shares (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PayPay Corporation American Depository Shares from 2023 to 2025, 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. For live market cap and the full company profile, see PayPay Corporation American Depository S market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -772.6% | $-1.73 Trillion | $223.73 Billion | $1.86 Trillion | $3.59 Trillion | ▼ -135.0 pp |
| 2024 | -637.6% | $-1.22 Trillion | $191.25 Billion | $2.14 Trillion | $3.36 Trillion | ▼ -1919.4 pp |
| 2023 | 1281.8% | $2.46 Trillion | $191.54 Billion | $3.13 Trillion | $675.80 Billion | — |