SunPower Corporation (SPWRQ) — Working Capital to Net Assets Ratio
SunPower Corporation (SPWRQ) has a Working Capital to Net Assets ratio of 14.5% as of September 2023. Working capital of $61.20 Million (current assets of $927.20 Million minus current liabilities of $866.00 Million) is measured against net assets of $423.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of SunPower Corporation to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SunPower Corporation Working Capital to Net Assets (2019–2022)
This chart shows how SunPower Corporation's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 14.5%, reflecting working capital of $61.20 Million against net assets of $423.54 Million USD. For the complete balance sheet picture, see how large is SunPower Corporation's balance sheet.
Annual Working Capital to Net Assets for SunPower Corporation (2019–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for SunPower Corporation from 2019 to 2022, covering 4 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 SPWRQ asset liquidity 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) |
|---|---|---|---|---|---|---|
| 2022 | 36.1% | $200.88 Million | $556.04 Million | $1.25 Billion | $1.05 Billion | ▼ -109.9 pp |
| 2021 | 146.0% | $560.11 Million | $383.60 Million | $1.07 Billion | $513.62 Million | ▲ +81.9 pp |
| 2020 | 64.1% | $260.58 Million | $406.49 Million | $790.32 Million | $529.73 Million | ▼ -2180.3 pp |
| 2019 | 2244.4% | $482.52 Million | $21.50 Million | $1.38 Billion | $898.41 Million | — |