Semtech Corporation (SMTC) — Working Capital to Net Assets Ratio
Semtech Corporation (SMTC) has a Working Capital to Net Assets ratio of 69.0% as of January 2026. Working capital of $379.20 Million (current assets of $655.10 Million minus current liabilities of $275.90 Million) is measured against net assets of $549.68 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Semtech Corporation balance sheet independence to measure how much of total assets are equity-financed.
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 January 2026, the ratio stands at 69.0%, reflecting working capital of $379.20 Million against net assets of $549.68 Million USD. Check Semtech Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Semtech Corporation (SMTC) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 69.0% | $379.20 Million | $549.80 Million | $655.10 Million | $275.90 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 | — |