Penn National Gaming Inc Working Capital to Net Assets Ratio
Penn National Gaming Inc working capital to net assets ratio. Penn National Gaming Inc (PENN) has a Working Capital to Net Assets ratio of -9.3% as of June 2026. Working capital of $-171.60 Million (current assets of $1.32 Billion minus current liabilities of $1.50 Billion) is measured against net assets of $1.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Penn National Gaming Inc (1993–2025)
Working capital to net assets ratio of Penn National Gaming Inc from 1993 to 2025. This chart shows how Penn National Gaming Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at -9.3%, reflecting working capital of $-171.60 Million against net assets of $1.85 Billion USD. Explore PENN long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Penn National Gaming Inc Working Capital to Net Assets Ratio by Year (1993–2025)
Penn National Gaming Inc working capital to net assets ratio by year from 1993 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Penn National Gaming Inc from 1993 to 2025, covering 33 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 total assets of Penn National Gaming Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -16.9% | $-309.40 Million | $1.83 Billion | $1.17 Billion | $1.48 Billion | ▼ -7.8 pp |
| 2024 | -9.1% | $-260.70 Million | $2.86 Billion | $1.15 Billion | $1.42 Billion | ▼ -14.4 pp |
| 2023 | 5.3% | $169.00 Million | $3.20 Billion | $1.66 Billion | $1.49 Billion | ▼ -18.5 pp |
| 2022 | 23.8% | $854.70 Million | $3.60 Billion | $2.01 Billion | $1.16 Billion | ▼ -2.8 pp |
| 2021 | 26.6% | $1.09 Billion | $4.10 Billion | $2.22 Billion | $1.13 Billion | ▼ -19.5 pp |
| 2020 | 46.1% | $1.23 Billion | $2.66 Billion | $2.08 Billion | $860.00 Million | ▲ +60.3 pp |
| 2019 | -14.2% | $-262.80 Million | $1.85 Billion | $642.80 Million | $905.60 Million | ▼ -5.9 pp |
| 2018 | -8.3% | $-60.78 Million | $731.22 Million | $677.66 Million | $738.44 Million | ▼ -184.6 pp |
| 2017 | 176.3% | $-128.98 Million | $-73.15 Million | $401.03 Million | $530.01 Million | ▲ +151.1 pp |
| 2016 | 25.2% | $-137.05 Million | $-543.32 Million | $399.26 Million | $536.32 Million | ▼ -2.1 pp |
| 2015 | 27.3% | $-185.30 Million | $-678.04 Million | $372.48 Million | $557.77 Million | ▲ +36.3 pp |
| 2014 | -8.9% | $-49.51 Million | $554.49 Million | $386.01 Million | $435.52 Million | ▼ -28.4 pp |
| 2013 | 19.4% | $147.39 Million | $758.40 Million | $508.86 Million | $361.47 Million | ▲ +20.0 pp |
| 2012 | -0.6% | $-12.48 Million | $2.25 Billion | $487.14 Million | $499.62 Million | ▼ 0.0 pp |
| 2011 | -0.5% | $-10.55 Million | $1.97 Billion | $415.79 Million | $426.34 Million | ▲ +12.2 pp |
| 2010 | -12.7% | $-225.58 Million | $1.78 Billion | $465.95 Million | $691.53 Million | ▼ -40.1 pp |
| 2009 | 27.4% | $508.19 Million | $1.85 Billion | $938.45 Million | $430.26 Million | ▲ +6.3 pp |
| 2008 | 21.2% | $435.82 Million | $2.06 Billion | $906.30 Million | $470.49 Million | ▲ +38.2 pp |
| 2007 | -17.1% | $-191.17 Million | $1.12 Billion | $302.70 Million | $493.87 Million | ▼ -15.6 pp |
| 2006 | -1.5% | $-13.71 Million | $921.16 Million | $401.96 Million | $415.67 Million | ▲ +4.9 pp |
| 2005 | -6.4% | $-34.97 Million | $546.54 Million | $306.34 Million | $341.31 Million | ▼ -5.4 pp |
| 2004 | -1.0% | $-3.91 Million | $398.09 Million | $174.20 Million | $178.11 Million | ▲ +30.4 pp |
| 2003 | -31.4% | $-97.30 Million | $309.88 Million | $189.74 Million | $287.04 Million | ▼ -32.0 pp |
| 2002 | 0.6% | $1.46 Million | $247.00 Million | $94.44 Million | $92.98 Million | ▲ +21.9 pp |
| 2001 | -21.3% | $-21.99 Million | $103.27 Million | $70.11 Million | $92.09 Million | ▼ -10.6 pp |
| 2000 | -10.7% | $-8.45 Million | $79.22 Million | $40.84 Million | $49.29 Million | ▲ +0.5 pp |
| 1999 | -11.2% | $-7.40 Million | $66.30 Million | $18.00 Million | $25.40 Million | ▼ -14.4 pp |
| 1998 | 3.2% | $1.90 Million | $59.00 Million | $14.10 Million | $12.20 Million | ▼ -25.0 pp |
| 1997 | 28.2% | $15.20 Million | $53.90 Million | $29.00 Million | $13.80 Million | ▲ +30.0 pp |
| 1996 | -1.8% | $-500.00K | $27.90 Million | $11.60 Million | $12.10 Million | ▼ -21.5 pp |
| 1995 | 19.7% | $4.10 Million | $20.80 Million | $9.80 Million | $5.70 Million | ▲ +6.9 pp |
| 1994 | 12.8% | $2.00 Million | $15.60 Million | $7.20 Million | $5.20 Million | ▲ +145.2 pp |
| 1993 | -132.4% | $-4.50 Million | $3.40 Million | $2.50 Million | $7.00 Million | — |