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 net asset quality index to measure how much of total assets are equity-financed.
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. Check PCYO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see PCYO stock market capitalisation.
| 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 | — |