Semtech Corporation (SMTC) — Working Capital to Net Assets Ratio
Semtech Corporation (SMTC) has a Working Capital to Net Assets ratio of 40.8% as of July 2026. Working capital of $305.44 Million (current assets of $742.84 Million minus current liabilities of $437.40 Million) is measured against net assets of $748.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Semtech Corporation (SMTC) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Semtech Corporation Working Capital to Net Assets (1986–2026)
This chart shows how Semtech Corporation's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of July 2026, the ratio stands at 40.8%, reflecting working capital of $305.44 Million against net assets of $748.87 Million USD. For the complete balance sheet picture, see Semtech Corporation balance sheet assets.
Annual Working Capital to Net Assets for Semtech Corporation (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Semtech Corporation from 1986 to 2026, covering 41 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 SMTC 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) |
|---|---|---|---|---|---|---|
| 2026 | 69.0% | $379.18 Million | $549.72 Million | $655.12 Million | $275.94 Million | ▲ +13.2 pp |
| 2025 | 55.8% | $302.43 Million | $542.43 Million | $585.46 Million | $283.03 Million | ▲ +158.9 pp |
| 2024 | -103.2% | $317.04 Million | $-307.25 Million | $534.20 Million | $217.16 Million | ▼ -146.3 pp |
| 2023 | 43.1% | $325.93 Million | $756.03 Million | $722.79 Million | $396.86 Million | ▼ -7.6 pp |
| 2022 | 50.7% | $373.90 Million | $737.77 Million | $502.30 Million | $128.40 Million | ▼ -1.6 pp |
| 2021 | 52.2% | $365.15 Million | $698.95 Million | $474.73 Million | $109.57 Million | ▼ -1.3 pp |
| 2020 | 53.5% | $362.10 Million | $676.51 Million | $460.74 Million | $98.64 Million | ▲ +1.5 pp |
| 2019 | 52.1% | $355.39 Million | $682.68 Million | $485.30 Million | $129.91 Million | ▲ +1.7 pp |
| 2018 | 50.4% | $335.02 Million | $665.01 Million | $461.23 Million | $126.21 Million | ▼ -1.7 pp |
| 2017 | 52.1% | $315.45 Million | $605.26 Million | $438.43 Million | $122.97 Million | ▲ +7.2 pp |
| 2016 | 44.9% | $237.33 Million | $528.05 Million | $341.22 Million | $103.89 Million | ▼ -7.4 pp |
| 2015 | 52.4% | $288.65 Million | $551.36 Million | $396.69 Million | $108.04 Million | ▼ -0.4 pp |
| 2014 | 52.8% | $282.71 Million | $535.84 Million | $393.60 Million | $110.89 Million | ▲ +17.0 pp |
| 2013 | 35.7% | $248.31 Million | $694.83 Million | $405.99 Million | $157.68 Million | ▼ -21.4 pp |
| 2012 | 57.2% | $360.33 Million | $630.19 Million | $427.31 Million | $66.98 Million | ▲ +8.0 pp |
| 2011 | 49.2% | $259.87 Million | $528.62 Million | $353.70 Million | $93.83 Million | ▲ +13.7 pp |
| 2010 | 35.4% | $143.79 Million | $405.74 Million | $218.81 Million | $75.03 Million | ▼ -38.6 pp |
| 2009 | 74.0% | $279.89 Million | $378.02 Million | $313.70 Million | $33.81 Million | ▲ +0.8 pp |
| 2008 | 73.3% | $255.56 Million | $348.71 Million | $292.22 Million | $36.66 Million | ▲ +5.8 pp |
| 2007 | 67.5% | $324.83 Million | $481.18 Million | $355.31 Million | $30.48 Million | ▲ +13.8 pp |
| 2006 | 53.7% | $235.56 Million | $438.46 Million | $261.68 Million | $26.12 Million | ▲ +1.5 pp |
| 2005 | 52.2% | $221.42 Million | $424.37 Million | $250.43 Million | $29.02 Million | ▼ -5.0 pp |
| 2004 | 57.2% | $217.09 Million | $379.61 Million | $245.96 Million | $28.86 Million | ▼ -66.1 pp |
| 2003 | 123.3% | $420.91 Million | $341.44 Million | $458.45 Million | $37.54 Million | ▼ -11.6 pp |
| 2002 | 134.9% | $402.97 Million | $298.80 Million | $430.26 Million | $27.29 Million | ▼ -84.2 pp |
| 2001 | 219.1% | $530.97 Million | $242.36 Million | $565.67 Million | $34.70 Million | ▲ +142.0 pp |
| 2000 | 77.1% | $96.69 Million | $125.48 Million | $120.42 Million | $23.74 Million | ▼ -5.5 pp |
| 1999 | 82.5% | $65.84 Million | $79.77 Million | $78.57 Million | $12.73 Million | ▲ +7.0 pp |
| 1998 | 75.6% | $41.31 Million | $54.66 Million | $53.75 Million | $12.44 Million | ▼ -0.8 pp |
| 1997 | 76.3% | $24.04 Million | $31.48 Million | $32.67 Million | $8.64 Million | ▼ -0.5 pp |
| 1996 | 76.8% | $17.88 Million | $23.27 Million | $25.48 Million | $7.59 Million | ▼ -1.8 pp |
| 1995 | 78.6% | $11.40 Million | $14.50 Million | $15.10 Million | $3.70 Million | ▲ +2.1 pp |
| 1994 | 76.6% | $9.80 Million | $12.80 Million | $12.80 Million | $3.00 Million | ▼ -1.8 pp |
| 1993 | 78.4% | $9.80 Million | $12.50 Million | $11.70 Million | $1.90 Million | ▲ +0.4 pp |
| 1992 | 78.0% | $9.60 Million | $12.30 Million | $12.10 Million | $2.50 Million | ▲ +8.2 pp |
| 1991 | 69.8% | $8.10 Million | $11.60 Million | $11.60 Million | $3.50 Million | ▲ +1.9 pp |
| 1990 | 67.9% | $7.40 Million | $10.90 Million | $9.50 Million | $2.10 Million | ▼ -7.1 pp |
| 1989 | 75.0% | $6.90 Million | $9.20 Million | $9.10 Million | $2.20 Million | ▼ -14.0 pp |
| 1988 | 89.0% | $6.50 Million | $7.30 Million | $8.70 Million | $2.20 Million | ▼ -5.7 pp |
| 1987 | 94.7% | $5.40 Million | $5.70 Million | $7.00 Million | $1.60 Million | ▲ +33.5 pp |
| 1986 | 61.2% | $3.00 Million | $4.90 Million | $5.60 Million | $2.60 Million | — |