Sanmina Corporation (SANM) — Working Capital to Net Assets Ratio
Sanmina Corporation (SANM) has a Working Capital to Net Assets ratio of 121.3% as of March 2026. Working capital of $3.17 Billion (current assets of $7.61 Billion minus current liabilities of $4.44 Billion) is measured against net assets of $2.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sanmina Corporation balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sanmina Corporation Working Capital to Net Assets (1991–2025)
This chart shows how Sanmina Corporation's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of March 2026, the ratio stands at 121.3%, reflecting working capital of $3.17 Billion against net assets of $2.61 Billion USD. Check Sanmina Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sanmina Corporation (1991–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sanmina Corporation from 1991 to 2025, covering 35 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 market cap of Sanmina Corporation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 80.5% | $2.04 Billion | $2.54 Billion | $4.87 Billion | $2.82 Billion | ▼ -1.2 pp |
| 2024 | 81.7% | $1.93 Billion | $2.36 Billion | $3.87 Billion | $1.94 Billion | ▲ +2.1 pp |
| 2023 | 79.6% | $1.85 Billion | $2.32 Billion | $3.88 Billion | $2.03 Billion | ▲ +1.6 pp |
| 2022 | 78.0% | $1.42 Billion | $1.82 Billion | $3.89 Billion | $2.47 Billion | ▼ -2.8 pp |
| 2021 | 80.8% | $1.52 Billion | $1.88 Billion | $3.28 Billion | $1.76 Billion | ▲ +1.3 pp |
| 2020 | 79.6% | $1.30 Billion | $1.63 Billion | $2.82 Billion | $1.52 Billion | ▲ +4.2 pp |
| 2019 | 75.4% | $1.24 Billion | $1.64 Billion | $2.92 Billion | $1.68 Billion | ▲ +33.8 pp |
| 2018 | 41.6% | $612.53 Million | $1.47 Billion | $3.01 Billion | $2.40 Billion | ▼ -19.1 pp |
| 2017 | 60.7% | $1.00 Billion | $1.65 Billion | $2.62 Billion | $1.62 Billion | ▲ +0.2 pp |
| 2016 | 60.5% | $974.39 Million | $1.61 Billion | $2.38 Billion | $1.40 Billion | ▼ -6.4 pp |
| 2015 | 66.9% | $1.02 Billion | $1.52 Billion | $2.40 Billion | $1.38 Billion | ▼ -6.6 pp |
| 2014 | 73.5% | $916.84 Million | $1.25 Billion | $2.45 Billion | $1.53 Billion | ▼ -17.9 pp |
| 2013 | 91.4% | $997.86 Million | $1.09 Billion | $2.20 Billion | $1.21 Billion | ▼ -23.4 pp |
| 2012 | 114.8% | $1.11 Billion | $963.78 Million | $2.33 Billion | $1.22 Billion | ▼ -62.1 pp |
| 2011 | 176.9% | $1.36 Billion | $770.52 Million | $2.63 Billion | $1.27 Billion | ▼ -25.4 pp |
| 2010 | 202.3% | $1.34 Billion | $661.60 Million | $2.59 Billion | $1.25 Billion | ▼ -33.4 pp |
| 2009 | 235.7% | $1.28 Billion | $543.14 Million | $2.48 Billion | $1.20 Billion | ▲ +9.5 pp |
| 2008 | 226.2% | $1.57 Billion | $695.96 Million | $2.80 Billion | $1.22 Billion | ▲ +88.3 pp |
| 2007 | 138.0% | $1.62 Billion | $1.17 Billion | $3.42 Billion | $1.80 Billion | ▲ +71.2 pp |
| 2006 | 66.8% | $1.52 Billion | $2.27 Billion | $3.49 Billion | $1.97 Billion | ▼ -3.4 pp |
| 2005 | 70.2% | $1.67 Billion | $2.38 Billion | $3.75 Billion | $2.07 Billion | ▲ +27.3 pp |
| 2004 | 42.8% | $1.44 Billion | $3.35 Billion | $4.22 Billion | $2.79 Billion | ▼ -21.3 pp |
| 2003 | 64.2% | $2.13 Billion | $3.32 Billion | $4.17 Billion | $2.04 Billion | ▲ +2.5 pp |
| 2002 | 61.6% | $2.11 Billion | $3.41 Billion | $4.16 Billion | $2.05 Billion | ▼ -51.9 pp |
| 2001 | 113.6% | $2.09 Billion | $1.84 Billion | $2.58 Billion | $492.34 Million | ▲ +3.5 pp |
| 2000 | 110.1% | $1.87 Billion | $1.70 Billion | $2.59 Billion | $712.50 Million | ▲ +3.4 pp |
| 1999 | 106.6% | $667.80 Million | $626.30 Million | $885.20 Million | $217.40 Million | ▲ +40.5 pp |
| 1998 | 66.1% | $227.50 Million | $344.10 Million | $342.30 Million | $114.80 Million | ▼ -45.5 pp |
| 1997 | 111.6% | $174.00 Million | $155.90 Million | $234.30 Million | $60.30 Million | ▼ -28.5 pp |
| 1996 | 140.1% | $145.30 Million | $103.70 Million | $185.30 Million | $40.00 Million | ▼ -51.7 pp |
| 1995 | 191.8% | $128.90 Million | $67.20 Million | $162.50 Million | $33.60 Million | ▲ +110.2 pp |
| 1994 | 81.6% | $38.10 Million | $46.70 Million | $55.80 Million | $17.70 Million | ▲ +49.4 pp |
| 1993 | 32.2% | $8.40 Million | $26.10 Million | $23.40 Million | $15.00 Million | ▼ -6967.8 pp |
| 1992 | 7000.0% | $7.00 Million | $100.00K | $21.50 Million | $14.50 Million | ▲ +6400.0 pp |
| 1991 | 600.0% | $9.00 Million | $1.50 Million | $20.20 Million | $11.20 Million | — |