Papa John's International Inc (PZZA) — Working Capital to Net Assets Ratio
Papa John's International Inc (PZZA) has a Working Capital to Net Assets ratio of 11.0% as of June 2026. Working capital of $-48.48 Million (current assets of $234.36 Million minus current liabilities of $282.84 Million) is measured against net assets of $-441.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Papa John's International Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Papa John's International Inc Working Capital to Net Assets (1992–2025)
This chart shows how Papa John's International 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 11.0%, reflecting working capital of $-48.48 Million against net assets of $-441.21 Million USD. For the complete balance sheet picture, see Papa John's International Inc (PZZA) total assets.
Annual Working Capital to Net Assets for Papa John's International Inc (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Papa John's International 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 Papa John's International Inc liquid asset ratio 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 | 12.4% | $-53.56 Million | $-432.69 Million | $237.43 Million | $290.99 Million | ▲ +0.9 pp |
| 2024 | 11.5% | $-47.36 Million | $-413.31 Million | $230.60 Million | $277.96 Million | ▼ -5.2 pp |
| 2023 | 16.6% | $-73.58 Million | $-442.76 Million | $231.02 Million | $304.60 Million | ▲ +11.4 pp |
| 2022 | 5.2% | $-14.12 Million | $-269.45 Million | $251.04 Million | $265.16 Million | ▼ -14.2 pp |
| 2021 | 19.4% | $-32.41 Million | $-166.96 Million | $255.01 Million | $287.42 Million | ▲ +26.1 pp |
| 2020 | -6.7% | $17.54 Million | $-260.46 Million | $306.41 Million | $288.87 Million | ▼ -15.1 pp |
| 2019 | 8.3% | $-26.40 Million | $-316.66 Million | $181.55 Million | $207.94 Million | ▲ +10.7 pp |
| 2018 | -2.3% | $7.07 Million | $-302.13 Million | $171.71 Million | $164.64 Million | ▲ +32.7 pp |
| 2017 | -35.0% | $37.13 Million | $-105.95 Million | $169.99 Million | $132.86 Million | ▼ -214.1 pp |
| 2016 | 179.0% | $17.55 Million | $9.80 Million | $145.57 Million | $128.03 Million | ▲ +132.4 pp |
| 2015 | 46.6% | $19.65 Million | $42.21 Million | $152.59 Million | $132.94 Million | ▼ -3.3 pp |
| 2014 | 49.9% | $49.25 Million | $98.72 Million | $156.01 Million | $106.76 Million | ▲ +30.2 pp |
| 2013 | 19.7% | $27.18 Million | $138.18 Million | $125.04 Million | $97.86 Million | ▲ +11.4 pp |
| 2012 | 8.3% | $15.04 Million | $181.51 Million | $118.63 Million | $103.58 Million | ▲ +2.0 pp |
| 2011 | 6.3% | $13.66 Million | $218.22 Million | $93.40 Million | $79.74 Million | ▼ -4.2 pp |
| 2010 | 10.5% | $21.68 Million | $207.20 Million | $112.37 Million | $90.69 Million | ▲ +11.2 pp |
| 2009 | -0.7% | $-1.37 Million | $185.04 Million | $87.40 Million | $88.77 Million | ▲ +18.3 pp |
| 2008 | -19.1% | $-24.78 Million | $129.99 Million | $75.35 Million | $100.13 Million | ▲ +5.7 pp |
| 2007 | -24.7% | $-33.53 Million | $135.55 Million | $73.66 Million | $107.19 Million | ▼ -12.7 pp |
| 2006 | -12.0% | $-17.55 Million | $146.17 Million | $84.54 Million | $102.10 Million | ▼ -6.1 pp |
| 2005 | -5.9% | $-9.53 Million | $161.28 Million | $92.01 Million | $101.53 Million | ▲ +11.7 pp |
| 2004 | -17.6% | $-24.54 Million | $139.22 Million | $89.14 Million | $113.68 Million | ▼ -6.0 pp |
| 2003 | -11.6% | $-18.46 Million | $159.27 Million | $62.46 Million | $80.92 Million | ▲ +2.6 pp |
| 2002 | -14.2% | $-17.27 Million | $121.95 Million | $57.43 Million | $74.70 Million | ▼ -13.5 pp |
| 2001 | -0.7% | $-1.30 Million | $195.63 Million | $65.13 Million | $66.43 Million | ▲ +1.9 pp |
| 2000 | -2.5% | $-4.23 Million | $166.32 Million | $65.52 Million | $69.75 Million | ▲ +5.2 pp |
| 1999 | -7.8% | $-22.70 Million | $292.10 Million | $46.10 Million | $68.80 Million | ▼ -17.0 pp |
| 1998 | 9.2% | $24.20 Million | $262.70 Million | $67.80 Million | $43.60 Million | ▲ +0.4 pp |
| 1997 | 8.8% | $18.80 Million | $212.70 Million | $49.20 Million | $30.40 Million | ▼ -5.2 pp |
| 1996 | 14.0% | $25.30 Million | $180.60 Million | $48.30 Million | $23.00 Million | ▼ -6.1 pp |
| 1995 | 20.1% | $21.40 Million | $106.30 Million | $38.30 Million | $16.90 Million | ▲ +2.4 pp |
| 1994 | 17.7% | $11.10 Million | $62.60 Million | $22.90 Million | $11.80 Million | ▲ +18.2 pp |
| 1993 | -0.5% | $-100.00K | $19.30 Million | $7.10 Million | $7.20 Million | ▲ +16.1 pp |
| 1992 | -16.7% | $-400.00K | $2.40 Million | $3.10 Million | $3.50 Million | — |