Super Micro Computer Inc (SMCI) — Working Capital to Net Assets Ratio
Super Micro Computer Inc (SMCI) has a Working Capital to Net Assets ratio of 177.5% as of March 2026. Working capital of $13.45 Billion (current assets of $21.57 Billion minus current liabilities of $8.12 Billion) is measured against net assets of $7.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Super Micro Computer Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Super Micro Computer Inc Working Capital to Net Assets (2005–2025)
This chart shows how Super Micro Computer Inc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 177.5%, reflecting working capital of $13.45 Billion against net assets of $7.58 Billion USD. Check SMCI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Super Micro Computer Inc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Super Micro Computer Inc from 2005 to 2025, covering 21 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 Super Micro Computer Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 158.0% | $9.96 Billion | $6.30 Billion | $12.30 Billion | $2.34 Billion | ▲ +36.4 pp |
| 2024 | 121.6% | $6.65 Billion | $5.47 Billion | $9.05 Billion | $2.40 Billion | ▲ +30.1 pp |
| 2023 | 91.5% | $1.80 Billion | $1.97 Billion | $3.18 Billion | $1.37 Billion | ▼ -2.2 pp |
| 2022 | 93.7% | $1.34 Billion | $1.43 Billion | $2.81 Billion | $1.47 Billion | ▲ +11.8 pp |
| 2021 | 81.9% | $898.36 Million | $1.10 Billion | $1.87 Billion | $968.90 Million | ▼ -1.1 pp |
| 2020 | 83.1% | $885.13 Million | $1.07 Billion | $1.59 Billion | $707.63 Million | ▼ -6.1 pp |
| 2019 | 89.2% | $713.46 Million | $800.22 Million | $1.25 Billion | $533.14 Million | ▲ +3.9 pp |
| 2018 | 85.3% | $719.32 Million | $843.65 Million | $1.53 Billion | $811.56 Million | ▲ +9.2 pp |
| 2017 | 76.1% | $588.64 Million | $773.85 Million | $1.26 Billion | $672.53 Million | ▼ -3.6 pp |
| 2016 | 79.6% | $574.38 Million | $721.38 Million | $938.00 Million | $363.62 Million | ▲ +5.3 pp |
| 2015 | 74.4% | $460.31 Million | $619.09 Million | $914.41 Million | $454.11 Million | ▲ +1.2 pp |
| 2014 | 73.1% | $343.19 Million | $469.23 Million | $654.08 Million | $310.89 Million | ▼ -2.2 pp |
| 2013 | 75.3% | $281.53 Million | $373.72 Million | $523.19 Million | $241.66 Million | ▼ -1.9 pp |
| 2012 | 77.3% | $261.40 Million | $338.35 Million | $481.91 Million | $220.51 Million | ▼ -2.5 pp |
| 2011 | 79.7% | $228.97 Million | $287.26 Million | $369.62 Million | $140.65 Million | ▲ +9.0 pp |
| 2010 | 70.8% | $158.98 Million | $224.70 Million | $296.86 Million | $137.88 Million | ▼ -2.6 pp |
| 2009 | 73.3% | $130.99 Million | $178.62 Million | $220.02 Million | $89.03 Million | ▲ +5.9 pp |
| 2008 | 67.4% | $102.39 Million | $151.87 Million | $199.88 Million | $97.49 Million | ▼ -14.6 pp |
| 2007 | 82.1% | $95.09 Million | $115.87 Million | $173.51 Million | $78.42 Million | ▲ +4.5 pp |
| 2006 | 77.5% | $37.03 Million | $47.77 Million | $101.18 Million | $64.15 Million | ▼ -1.2 pp |
| 2005 | 78.7% | $22.92 Million | $29.13 Million | $70.43 Million | $47.51 Million | — |