TheRealReal Inc (REAL) — Working Capital to Net Assets Ratio
TheRealReal Inc (REAL) has a Working Capital to Net Assets ratio of 10.6% as of June 2026. Working capital of $-40.16 Million (current assets of $193.32 Million minus current liabilities of $233.48 Million) is measured against net assets of $-377.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see TheRealReal Inc (REAL) total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TheRealReal Inc Working Capital to Net Assets (2017–2025)
This chart shows how TheRealReal Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 10.6%, reflecting working capital of $-40.16 Million against net assets of $-377.73 Million USD. Explore TheRealReal Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for TheRealReal Inc (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TheRealReal Inc from 2017 to 2025, covering 9 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. Read TheRealReal Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 8.8% | $-36.75 Million | $-415.52 Million | $227.49 Million | $264.24 Million | ▲ +4.9 pp |
| 2024 | 3.9% | $-16.01 Million | $-407.38 Million | $232.67 Million | $248.68 Million | ▲ +19.5 pp |
| 2023 | -15.5% | $47.09 Million | $-303.30 Million | $235.95 Million | $188.86 Million | ▲ +81.3 pp |
| 2022 | -96.9% | $164.75 Million | $-170.09 Million | $372.26 Million | $207.51 Million | ▼ -547.9 pp |
| 2021 | 451.0% | $329.83 Million | $73.13 Million | $517.81 Million | $187.99 Million | ▲ +308.2 pp |
| 2020 | 142.8% | $273.21 Million | $191.29 Million | $421.47 Million | $148.26 Million | ▲ +57.4 pp |
| 2019 | 85.5% | $288.21 Million | $337.25 Million | $406.76 Million | $118.55 Million | ▲ +85.8 pp |
| 2018 | -0.3% | $792.00K | $-257.69 Million | $89.15 Million | $88.35 Million | ▼ -10.8 pp |
| 2017 | 10.4% | $-18.49 Million | $-176.99 Million | $46.88 Million | $65.37 Million | — |