Patterson-UTI Energy Inc (PTEN) — Working Capital to Net Assets Ratio
Patterson-UTI Energy Inc (PTEN) has a Working Capital to Net Assets ratio of 18.9% as of June 2026. Working capital of $588.04 Million (current assets of $1.37 Billion minus current liabilities of $784.15 Million) is measured against net assets of $3.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PTEN 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
Patterson-UTI Energy Inc Working Capital to Net Assets (1992–2025)
This chart shows how Patterson-UTI Energy Inc's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of June 2026, the ratio stands at 18.9%, reflecting working capital of $588.04 Million against net assets of $3.11 Billion USD. For the complete balance sheet picture, see PTEN total asset value.
Annual Working Capital to Net Assets for Patterson-UTI Energy Inc (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Patterson-UTI Energy Inc from 1992 to 2025, covering 34 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 how resilient are Patterson-UTI Energy Inc's assets 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 | 17.2% | $554.45 Million | $3.22 Billion | $1.42 Billion | $863.64 Million | ▲ +4.2 pp |
| 2024 | 13.0% | $453.32 Million | $3.48 Billion | $1.30 Billion | $841.99 Million | ▲ +4.0 pp |
| 2023 | 9.0% | $435.26 Million | $4.82 Billion | $1.49 Billion | $1.05 Billion | ▼ -7.7 pp |
| 2022 | 16.7% | $278.45 Million | $1.67 Billion | $829.42 Million | $550.97 Million | ▲ +7.5 pp |
| 2021 | 9.2% | $147.80 Million | $1.61 Billion | $583.65 Million | $435.85 Million | ▼ -0.9 pp |
| 2020 | 10.1% | $204.23 Million | $2.02 Billion | $477.96 Million | $273.72 Million | ▲ +2.0 pp |
| 2019 | 8.2% | $231.21 Million | $2.83 Billion | $631.82 Million | $400.60 Million | ▼ -3.9 pp |
| 2018 | 12.1% | $423.88 Million | $3.51 Billion | $950.20 Million | $526.32 Million | ▲ +7.1 pp |
| 2017 | 5.0% | $200.60 Million | $3.98 Billion | $746.86 Million | $546.25 Million | ▲ +4.2 pp |
| 2016 | 0.8% | $18.51 Million | $2.25 Billion | $283.32 Million | $264.81 Million | ▼ -6.1 pp |
| 2015 | 7.0% | $178.40 Million | $2.56 Billion | $486.54 Million | $308.13 Million | ▼ -4.8 pp |
| 2014 | 11.7% | $340.69 Million | $2.91 Billion | $909.09 Million | $568.40 Million | ▼ -4.8 pp |
| 2013 | 16.5% | $454.37 Million | $2.76 Billion | $808.65 Million | $354.28 Million | ▲ +3.6 pp |
| 2012 | 12.9% | $340.13 Million | $2.64 Billion | $699.99 Million | $359.86 Million | ▼ -0.9 pp |
| 2011 | 13.8% | $346.24 Million | $2.52 Billion | $764.95 Million | $418.71 Million | ▲ +2.7 pp |
| 2010 | 11.0% | $241.44 Million | $2.19 Billion | $557.41 Million | $315.96 Million | ▼ -1.6 pp |
| 2009 | 12.7% | $263.96 Million | $2.08 Billion | $457.27 Million | $193.31 Million | ▼ -3.2 pp |
| 2008 | 15.9% | $338.76 Million | $2.13 Billion | $641.37 Million | $302.61 Million | ▲ +3.9 pp |
| 2007 | 12.0% | $227.58 Million | $1.90 Billion | $522.78 Million | $295.21 Million | ▼ -9.4 pp |
| 2006 | 21.4% | $335.05 Million | $1.56 Billion | $652.67 Million | $317.62 Million | ▼ -6.5 pp |
| 2005 | 28.0% | $382.45 Million | $1.37 Billion | $637.86 Million | $255.41 Million | ▲ +4.5 pp |
| 2004 | 23.5% | $236.96 Million | $1.01 Billion | $387.03 Million | $150.08 Million | ▼ -0.8 pp |
| 2003 | 24.3% | $199.61 Million | $820.07 Million | $308.06 Million | $108.45 Million | ▲ +1.6 pp |
| 2002 | 22.8% | $167.86 Million | $737.56 Million | $243.01 Million | $75.15 Million | ▲ +6.7 pp |
| 2001 | 16.0% | $110.17 Million | $687.14 Million | $199.46 Million | $89.29 Million | ▼ -20.6 pp |
| 2000 | 36.6% | $110.89 Million | $302.81 Million | $167.76 Million | $56.88 Million | ▲ +18.9 pp |
| 1999 | 17.7% | $27.00 Million | $152.80 Million | $58.70 Million | $31.70 Million | ▼ -1.8 pp |
| 1998 | 19.4% | $30.50 Million | $156.90 Million | $53.50 Million | $23.00 Million | ▼ -12.2 pp |
| 1997 | 31.7% | $46.50 Million | $146.90 Million | $77.00 Million | $30.50 Million | ▼ -8.8 pp |
| 1996 | 40.5% | $17.60 Million | $43.50 Million | $35.50 Million | $17.90 Million | ▲ +9.6 pp |
| 1995 | 30.9% | $6.30 Million | $20.40 Million | $16.80 Million | $10.50 Million | ▼ -5.0 pp |
| 1994 | 35.9% | $5.20 Million | $14.50 Million | $16.40 Million | $11.20 Million | ▼ -6.7 pp |
| 1993 | 42.6% | $4.30 Million | $10.10 Million | $10.60 Million | $6.30 Million | ▲ +50.5 pp |
| 1992 | -7.9% | $-300.00K | $3.80 Million | $7.20 Million | $7.50 Million | — |