PetMed Express Inc (PETS) — Working Capital to Net Assets Ratio
PetMed Express Inc (PETS) has a Working Capital to Net Assets ratio of -19.1% as of December 2025. Working capital of $-6.26 Million (current assets of $48.51 Million minus current liabilities of $54.77 Million) is measured against net assets of $32.77 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PetMed Express Inc (PETS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PetMed Express Inc Working Capital to Net Assets (2000–2026)
This chart shows how PetMed Express Inc's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2026. As of December 2025, the ratio stands at -19.1%, reflecting working capital of $-6.26 Million against net assets of $32.77 Million USD. See PETS days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PetMed Express Inc (2000–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for PetMed Express Inc from 2000 to 2026, covering 26 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 PetMed Express Inc (PETS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 18.9% | $16.10 Million | $85.13 Million | $78.87 Million | $62.77 Million | ▼ -3.3 pp |
| 2024 | 22.2% | $21.49 Million | $96.73 Million | $93.65 Million | $72.16 Million | ▼ -44.1 pp |
| 2023 | 66.3% | $72.92 Million | $109.97 Million | $130.43 Million | $57.51 Million | ▼ -16.5 pp |
| 2022 | 82.8% | $117.80 Million | $142.19 Million | $151.00 Million | $33.20 Million | ▲ +0.6 pp |
| 2021 | 82.3% | $116.25 Million | $141.28 Million | $161.19 Million | $44.94 Million | ▲ +1.8 pp |
| 2020 | 80.5% | $104.67 Million | $130.01 Million | $129.02 Million | $24.34 Million | ▲ +0.5 pp |
| 2019 | 80.0% | $107.81 Million | $134.68 Million | $126.43 Million | $18.63 Million | ▲ +4.8 pp |
| 2018 | 75.3% | $87.13 Million | $115.73 Million | $105.23 Million | $18.11 Million | ▲ +7.3 pp |
| 2017 | 67.9% | $63.43 Million | $93.37 Million | $81.78 Million | $18.36 Million | ▼ -4.8 pp |
| 2016 | 72.8% | $60.54 Million | $83.19 Million | $67.63 Million | $7.08 Million | ▼ -24.0 pp |
| 2015 | 96.7% | $72.98 Million | $75.44 Million | $80.40 Million | $7.42 Million | ▲ +2.6 pp |
| 2014 | 94.2% | $66.12 Million | $70.22 Million | $74.21 Million | $8.09 Million | ▼ -1.4 pp |
| 2013 | 95.6% | $61.19 Million | $64.01 Million | $70.19 Million | $9.00 Million | ▼ -0.8 pp |
| 2012 | 96.3% | $78.22 Million | $81.18 Million | $87.61 Million | $9.39 Million | ▲ +13.2 pp |
| 2011 | 83.1% | $80.64 Million | $97.00 Million | $89.60 Million | $8.96 Million | ▲ +1.1 pp |
| 2010 | 82.0% | $79.41 Million | $96.86 Million | $86.50 Million | $7.09 Million | ▲ +9.1 pp |
| 2009 | 72.9% | $54.63 Million | $74.97 Million | $61.63 Million | $6.99 Million | ▲ +15.0 pp |
| 2008 | 57.9% | $38.80 Million | $67.03 Million | $45.22 Million | $6.42 Million | ▼ -36.1 pp |
| 2007 | 94.0% | $50.61 Million | $53.86 Million | $57.97 Million | $7.35 Million | ▲ +1.1 pp |
| 2006 | 92.9% | $34.97 Million | $37.64 Million | $39.95 Million | $4.98 Million | ▲ +2.2 pp |
| 2005 | 90.7% | $21.97 Million | $24.22 Million | $25.87 Million | $3.90 Million | ▲ +9.7 pp |
| 2004 | 81.0% | $11.34 Million | $13.99 Million | $15.82 Million | $4.49 Million | ▲ +27.1 pp |
| 2003 | 54.0% | $3.02 Million | $5.59 Million | $6.38 Million | $3.36 Million | ▲ +10.3 pp |
| 2002 | 43.6% | $690.59K | $1.58 Million | $3.48 Million | $2.79 Million | ▲ +370.2 pp |
| 2001 | -326.6% | $-2.47 Million | $757.29K | $1.22 Million | $3.70 Million | ▼ -351.0 pp |
| 2000 | 24.4% | $398.22K | $1.63 Million | $2.90 Million | $2.50 Million | — |