Sanmina Corporation (SANM) — Working Capital to Net Assets Ratio
Sanmina Corporation (SANM) has a Working Capital to Net Assets ratio of 124.3% as of June 2026. Working capital of $3.43 Billion (current assets of $7.83 Billion minus current liabilities of $4.40 Billion) is measured against net assets of $2.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SANM 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
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 June 2026, the ratio stands at 124.3%, reflecting working capital of $3.43 Billion against net assets of $2.76 Billion USD. For the complete balance sheet picture, see SANM current and non-current assets.
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. Check Sanmina Corporation asset resilience 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 | 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 | — |