Udemy Inc Working Capital to Net Assets Ratio
Udemy Inc working capital to net assets ratio. Udemy Inc (UDMY) has a Working Capital to Net Assets ratio of 59.0% as of December 2025. Working capital of $124.14 Million (current assets of $524.21 Million minus current liabilities of $400.07 Million) is measured against net assets of $210.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Udemy Inc tangible book value 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 Udemy Inc (2019–2025)
Working capital to net assets ratio of Udemy Inc from 2019 to 2025. This chart shows how Udemy Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 59.0%, reflecting working capital of $124.14 Million against net assets of $210.46 Million USD. See UDMY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Udemy Inc Working Capital to Net Assets Ratio by Year (2019–2025)
Udemy Inc working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Udemy Inc 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 the complete balance sheet picture, see Udemy Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.0% | $124.14 Million | $210.46 Million | $524.21 Million | $400.07 Million | ▲ +3.8 pp |
| 2024 | 55.1% | $108.85 Million | $197.39 Million | $506.33 Million | $397.48 Million | ▼ -15.5 pp |
| 2023 | 70.7% | $252.20 Million | $356.89 Million | $632.33 Million | $380.13 Million | ▲ +3.4 pp |
| 2022 | 67.2% | $228.11 Million | $339.31 Million | $615.01 Million | $386.91 Million | ▼ -9.9 pp |
| 2021 | 77.1% | $300.53 Million | $389.70 Million | $641.87 Million | $341.34 Million | ▲ +349.0 pp |
| 2020 | -271.9% | $-36.49 Million | $13.42 Million | $227.32 Million | $263.81 Million | ▼ -420.9 pp |
| 2019 | 149.0% | $-104.22 Million | $-69.94 Million | $79.68 Million | $183.90 Million | — |