Sonder Holdings Inc. Class A (SONDQ) — Working Capital to Net Assets Ratio
Sonder Holdings Inc. Class A (SONDQ) has a Working Capital to Net Assets ratio of 60.0% as of September 2025. Working capital of $-290.99 Million (current assets of $97.16 Million minus current liabilities of $388.15 Million) is measured against net assets of $-485.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Sonder Holdings Inc. Class A's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sonder Holdings Inc. Class A Working Capital to Net Assets (2019–2025)
This chart shows how Sonder Holdings Inc. Class A's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of September 2025, the ratio stands at 60.0%, reflecting working capital of $-290.99 Million against net assets of $-485.23 Million USD. Check SONDQ tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sonder Holdings Inc. Class A (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sonder Holdings Inc. Class A from 2019 to 2025, covering 7 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 Sonder Holdings Inc. Class A market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.8% | $-238.70 Million | $-435.89 Million | $99.85 Million | $338.55 Million | ▼ -36.8 pp |
| 2024 | 91.6% | $-345.03 Million | $-376.70 Million | $161.21 Million | $506.24 Million | ▲ +0.0 pp |
| 2023 | 91.6% | $-345.03 Million | $-376.70 Million | $161.21 Million | $506.24 Million | ▲ +144.2 pp |
| 2022 | -52.6% | $53.42 Million | $-101.48 Million | $313.85 Million | $260.43 Million | ▼ -136.7 pp |
| 2021 | 84.0% | $-164.65 Million | $-195.92 Million | $98.98 Million | $263.63 Million | ▲ +102.4 pp |
| 2020 | -18.4% | $92.08 Million | $-500.86 Million | $146.28 Million | $54.20 Million | ▲ +23.2 pp |
| 2019 | -41.5% | $107.48 Million | $-258.67 Million | $140.97 Million | $33.49 Million | — |