TPI Composites Inc Working Capital to Net Assets Ratio
TPI Composites Inc working capital to net assets ratio. TPI Composites Inc (TPIC) has a Working Capital to Net Assets ratio of 130.3% as of June 2025. Working capital of $-632.34 Million (current assets of $348.67 Million minus current liabilities of $981.01 Million) is measured against net assets of $-485.44 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TPIC 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 TPI Composites Inc (2012–2024)
Working capital to net assets ratio of TPI Composites Inc from 2012 to 2024. This chart shows how TPI Composites Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 130.3%, reflecting working capital of $-632.34 Million against net assets of $-485.44 Million USD. See TPI Composites Inc (TPIC) liquidity interval to measure how many days the company can operate on defensive assets alone.
TPI Composites Inc Working Capital to Net Assets Ratio by Year (2012–2024)
TPI Composites Inc working capital to net assets ratio by year from 2012 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for TPI Composites Inc from 2012 to 2024, covering 13 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 TPIC total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.7% | $-28.88 Million | $-373.24 Million | $445.09 Million | $473.97 Million | ▲ +103.1 pp |
| 2023 | -95.4% | $116.65 Million | $-122.30 Million | $503.07 Million | $386.42 Million | ▼ -468.9 pp |
| 2022 | 373.5% | $188.58 Million | $50.49 Million | $645.16 Million | $456.58 Million | ▲ +297.4 pp |
| 2021 | 76.2% | $191.16 Million | $250.97 Million | $660.27 Million | $469.11 Million | ▲ +5.5 pp |
| 2020 | 70.7% | $142.05 Million | $201.03 Million | $548.16 Million | $406.11 Million | ▲ +24.6 pp |
| 2019 | 46.1% | $94.54 Million | $205.05 Million | $468.42 Million | $373.88 Million | ▼ -19.1 pp |
| 2018 | 65.2% | $144.15 Million | $220.96 Million | $414.20 Million | $270.04 Million | ▼ -3.5 pp |
| 2017 | 68.7% | $110.37 Million | $160.62 Million | $432.97 Million | $322.59 Million | ▼ -14.5 pp |
| 2016 | 83.3% | $88.67 Million | $106.51 Million | $325.23 Million | $236.55 Million | ▲ +89.1 pp |
| 2015 | -5.8% | $11.17 Million | $-191.20 Million | $252.36 Million | $241.19 Million | ▼ -6.2 pp |
| 2014 | 0.4% | $-758.00K | $-187.09 Million | $208.97 Million | $209.72 Million | ▼ -460.4 pp |
| 2013 | 460.8% | $-23.50 Million | $-5.10 Million | $80.60 Million | $104.10 Million | ▲ +769.6 pp |
| 2012 | -308.8% | $-17.60 Million | $5.70 Million | $49.40 Million | $67.00 Million | — |