Pure Cycle Corporation (PCYO) — Working Capital to Net Assets Ratio
Pure Cycle Corporation (PCYO) has a Working Capital to Net Assets ratio of 2.6% as of February 2026. Working capital of $3.83 Million (current assets of $13.75 Million minus current liabilities of $9.92 Million) is measured against net assets of $148.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pure Cycle Corporation 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
Pure Cycle Corporation Working Capital to Net Assets (1995–2025)
This chart shows how Pure Cycle Corporation's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of February 2026, the ratio stands at 2.6%, reflecting working capital of $3.83 Million against net assets of $148.70 Million USD. For the complete balance sheet picture, see PCYO current and non-current assets.
Annual Working Capital to Net Assets for Pure Cycle Corporation (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pure Cycle Corporation from 1995 to 2025, covering 31 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. Check asset resilience ratio of Pure Cycle Corporation to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 14.0% | $20.03 Million | $142.74 Million | $31.65 Million | $11.62 Million | ▼ -7.9 pp |
| 2024 | 22.0% | $28.51 Million | $129.70 Million | $37.86 Million | $9.35 Million | ▲ +2.3 pp |
| 2023 | 19.6% | $23.22 Million | $118.23 Million | $29.73 Million | $6.50 Million | ▼ -4.2 pp |
| 2022 | 23.9% | $26.96 Million | $113.00 Million | $37.79 Million | $10.82 Million | ▼ -1.7 pp |
| 2021 | 25.6% | $26.25 Million | $102.74 Million | $38.72 Million | $12.46 Million | ▲ +1.5 pp |
| 2020 | 24.1% | $19.77 Million | $82.04 Million | $25.99 Million | $6.22 Million | ▲ +3.7 pp |
| 2019 | 20.4% | $15.24 Million | $74.73 Million | $23.54 Million | $8.30 Million | ▼ -16.8 pp |
| 2018 | 37.2% | $25.86 Million | $69.45 Million | $27.92 Million | $2.05 Million | ▼ -1.5 pp |
| 2017 | 38.8% | $26.18 Million | $67.51 Million | $27.12 Million | $940.23K | ▼ -2.7 pp |
| 2016 | 41.5% | $28.60 Million | $69.00 Million | $29.09 Million | $482.21K | ▼ -12.9 pp |
| 2015 | 54.3% | $38.08 Million | $70.09 Million | $39.58 Million | $1.50 Million | ▲ +53.0 pp |
| 2014 | 1.3% | $1.19 Million | $91.03 Million | $4.46 Million | $3.27 Million | ▼ -10.6 pp |
| 2013 | 11.9% | $4.50 Million | $37.77 Million | $9.90 Million | $5.40 Million | ▲ +7.2 pp |
| 2012 | 4.7% | $1.41 Million | $30.12 Million | $7.66 Million | $6.25 Million | ▼ -4.6 pp |
| 2011 | 9.3% | $4.41 Million | $47.29 Million | $5.07 Million | $658.26K | ▲ +5.4 pp |
| 2010 | 3.9% | $1.65 Million | $42.46 Million | $1.82 Million | $171.32K | ▼ -4.2 pp |
| 2009 | 8.1% | $3.85 Million | $47.77 Million | $3.99 Million | $138.10K | ▼ -2.0 pp |
| 2008 | 10.0% | $5.34 Million | $53.17 Million | $5.50 Million | $163.86K | ▼ -2.2 pp |
| 2007 | 12.3% | $7.11 Million | $57.84 Million | $7.29 Million | $183.32K | ▲ +5.4 pp |
| 2006 | 6.8% | $2.74 Million | $40.07 Million | $3.12 Million | $380.05K | ▼ -26.1 pp |
| 2005 | 32.9% | $5.05 Million | $15.35 Million | $5.74 Million | $689.36K | ▼ -8.8 pp |
| 2004 | 41.7% | $5.55 Million | $13.32 Million | $5.74 Million | $183.87K | ▲ +29.3 pp |
| 2003 | 12.4% | $541.70K | $4.38 Million | $593.47K | $51.77K | ▲ +4.8 pp |
| 2002 | 7.5% | $316.76K | $4.20 Million | $338.64K | $21.88K | ▼ -2.9 pp |
| 2001 | 10.4% | $462.18K | $4.45 Million | $480.17K | $17.99K | ▲ +9.3 pp |
| 2000 | 1.1% | $164.35K | $15.14 Million | $965.50K | $801.15K | ▲ +0.6 pp |
| 1999 | 0.5% | $21.29K | $4.02 Million | $998.39K | $977.10K | ▼ -8.4 pp |
| 1998 | 9.0% | $384.43K | $4.29 Million | $434.29K | $49.86K | ▲ +1.4 pp |
| 1997 | 7.5% | $329.02K | $4.36 Million | $381.69K | $52.66K | ▲ +5.7 pp |
| 1996 | 1.9% | $87.25K | $4.67 Million | $141.05K | $53.80K | ▼ -6.4 pp |
| 1995 | 8.3% | $758.69K | $9.13 Million | $1.00 Million | $245.91K | — |