Smart Sand Inc Working Capital to Net Assets Ratio
Smart Sand Inc working capital to net assets ratio. Smart Sand Inc (SND) has a Working Capital to Net Assets ratio of 15.8% as of June 2026. Working capital of $37.73 Million (current assets of $92.59 Million minus current liabilities of $54.86 Million) is measured against net assets of $238.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Smart Sand Inc (2014–2025)
Working capital to net assets ratio of Smart Sand Inc from 2014 to 2025. This chart shows how Smart Sand Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 15.8%, reflecting working capital of $37.73 Million against net assets of $238.10 Million USD. See Smart Sand Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Smart Sand Inc Working Capital to Net Assets Ratio by Year (2014–2025)
Smart Sand Inc working capital to net assets ratio by year from 2014 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Smart Sand Inc from 2014 to 2025, covering 12 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 the complete balance sheet picture, see balance sheet size of Smart Sand Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 15.9% | $38.20 Million | $239.70 Million | $88.14 Million | $49.94 Million | ▲ +2.7 pp |
| 2024 | 13.3% | $32.31 Million | $243.81 Million | $75.53 Million | $43.21 Million | ▲ +10.2 pp |
| 2023 | 3.1% | $7.44 Million | $242.27 Million | $61.90 Million | $54.47 Million | ▼ -3.6 pp |
| 2022 | 6.7% | $16.20 Million | $243.47 Million | $68.11 Million | $51.92 Million | ▼ -3.8 pp |
| 2021 | 10.5% | $25.31 Million | $241.16 Million | $73.86 Million | $48.55 Million | ▼ -15.4 pp |
| 2020 | 25.9% | $74.82 Million | $288.81 Million | $112.09 Million | $37.26 Million | ▲ +5.3 pp |
| 2019 | 20.6% | $50.36 Million | $244.14 Million | $90.38 Million | $40.02 Million | ▲ +8.5 pp |
| 2018 | 12.2% | $25.44 Million | $209.36 Million | $50.10 Million | $24.65 Million | ▼ -7.9 pp |
| 2017 | 20.1% | $38.18 Million | $190.02 Million | $72.74 Million | $34.56 Million | ▼ -15.9 pp |
| 2016 | 36.0% | $51.30 Million | $142.44 Million | $65.02 Million | $13.72 Million | ▲ +919.0 pp |
| 2015 | -882.9% | $-32.92 Million | $3.73 Million | $15.64 Million | $48.57 Million | ▼ -205.0 pp |
| 2014 | -678.0% | $13.27 Million | $-1.96 Million | $22.16 Million | $8.89 Million | — |