Redfin Corp (RDFN) — Working Capital to Net Assets Ratio
Redfin Corp (RDFN) has a Working Capital to Net Assets ratio of -40.1% as of March 2025. Working capital of $63.33 Million (current assets of $458.72 Million minus current liabilities of $395.39 Million) is measured against net assets of $-157.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Redfin Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Redfin Corp Working Capital to Net Assets (2015–2024)
This chart shows how Redfin Corp's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of March 2025, the ratio stands at -40.1%, reflecting working capital of $63.33 Million against net assets of $-157.99 Million USD. Check Redfin Corp (RDFN) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Redfin Corp (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Redfin Corp from 2015 to 2024, covering 10 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 how much is Redfin Corp worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -51.9% | $42.88 Million | $-82.67 Million | $375.44 Million | $332.56 Million | ▼ -465.4 pp |
| 2023 | 413.5% | $176.60 Million | $42.71 Million | $445.05 Million | $268.44 Million | ▲ +7.4 pp |
| 2022 | 406.1% | $421.82 Million | $103.87 Million | $776.46 Million | $354.64 Million | ▲ +164.7 pp |
| 2021 | 241.4% | $844.25 Million | $349.72 Million | $1.25 Billion | $401.81 Million | ▲ +74.0 pp |
| 2020 | 167.4% | $1.06 Billion | $630.38 Million | $1.24 Billion | $185.72 Million | ▲ +56.8 pp |
| 2019 | 110.5% | $366.41 Million | $331.45 Million | $451.59 Million | $85.18 Million | ▼ -10.4 pp |
| 2018 | 121.0% | $450.03 Million | $371.94 Million | $496.25 Million | $46.22 Million | ▲ +34.2 pp |
| 2017 | 86.8% | $204.35 Million | $235.43 Million | $240.21 Million | $35.86 Million | ▲ +97.5 pp |
| 2016 | -10.7% | $60.45 Million | $-563.73 Million | $93.39 Million | $32.94 Million | ▲ +6.1 pp |
| 2015 | -16.8% | $83.23 Million | $-495.71 Million | $103.01 Million | $19.78 Million | — |