Target Hospitality Corp Working Capital to Net Assets Ratio
Target Hospitality Corp working capital to net assets ratio. Target Hospitality Corp (TH) has a Working Capital to Net Assets ratio of -9.5% as of June 2026. Working capital of $-34.99 Million (current assets of $63.87 Million minus current liabilities of $98.86 Million) is measured against net assets of $369.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Target Hospitality Corp (2016–2025)
Working capital to net assets ratio of Target Hospitality Corp from 2016 to 2025. This chart shows how Target Hospitality Corp's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at -9.5%, reflecting working capital of $-34.99 Million against net assets of $369.79 Million USD. See TH cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Target Hospitality Corp Working Capital to Net Assets Ratio by Year (2016–2025)
Target Hospitality Corp working capital to net assets ratio by year from 2016 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Target Hospitality Corp from 2016 to 2025, covering 10 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 TH total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.8% | $-10.71 Million | $389.06 Million | $73.34 Million | $84.04 Million | ▼ -6.5 pp |
| 2024 | 3.8% | $15.93 Million | $421.09 Million | $249.34 Million | $233.40 Million | ▼ -25.4 pp |
| 2023 | 29.2% | $110.17 Million | $377.31 Million | $180.50 Million | $70.33 Million | ▲ +6.6 pp |
| 2022 | 22.6% | $45.48 Million | $200.85 Million | $236.38 Million | $190.90 Million | ▲ +35.2 pp |
| 2021 | -12.6% | $-12.26 Million | $97.27 Million | $60.54 Million | $72.80 Million | ▼ -10.6 pp |
| 2020 | -2.0% | $-1.97 Million | $99.42 Million | $43.56 Million | $45.53 Million | ▼ -1.9 pp |
| 2019 | -0.1% | $-126.00K | $123.40 Million | $60.80 Million | $60.92 Million | ▼ -2.9 pp |
| 2018 | 2.8% | $9.84 Million | $348.99 Million | $74.99 Million | $65.15 Million | ▼ -12.0 pp |
| 2017 | 14.8% | $35.85 Million | $241.86 Million | $36.07 Million | $225.89K | ▼ -14.8 pp |
| 2016 | 29.6% | $91.95 Million | $310.57 Million | $132.39 Million | $40.45 Million | — |