VNET Group Inc DRC (VNET) — Working Capital to Net Assets Ratio
VNET Group Inc DRC (VNET) has a Working Capital to Net Assets ratio of -11.3% as of March 2026. Working capital of $-995.98 Million (current assets of $11.46 Billion minus current liabilities of $12.46 Billion) is measured against net assets of $8.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of VNET Group Inc DRC to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VNET Group Inc DRC Working Capital to Net Assets (2009–2025)
This chart shows how VNET Group Inc DRC's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at -11.3%, reflecting working capital of $-995.98 Million against net assets of $8.83 Billion USD. Check VNET tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for VNET Group Inc DRC (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for VNET Group Inc DRC from 2009 to 2025, covering 17 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 VNET Group Inc DRC stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.3% | $-995.98 Million | $8.83 Billion | $11.46 Billion | $12.46 Billion | ▲ +23.8 pp |
| 2024 | -35.1% | $-2.52 Billion | $7.19 Billion | $6.82 Billion | $9.34 Billion | ▼ -10.8 pp |
| 2023 | -24.2% | $-1.61 Billion | $6.65 Billion | $9.81 Billion | $11.42 Billion | ▼ -34.5 pp |
| 2022 | 10.3% | $709.86 Million | $6.88 Billion | $6.95 Billion | $6.24 Billion | ▲ +8.4 pp |
| 2021 | 1.9% | $143.96 Million | $7.59 Billion | $5.32 Billion | $5.17 Billion | ▲ +2.9 pp |
| 2020 | -1.0% | $-66.21 Million | $6.89 Billion | $6.04 Billion | $6.11 Billion | ▼ -15.5 pp |
| 2019 | 14.5% | $751.04 Million | $5.18 Billion | $5.17 Billion | $4.42 Billion | ▼ -31.8 pp |
| 2018 | 46.3% | $2.49 Billion | $5.38 Billion | $4.68 Billion | $2.19 Billion | ▼ -1.1 pp |
| 2017 | 47.3% | $2.50 Billion | $5.28 Billion | $4.30 Billion | $1.80 Billion | ▲ +35.3 pp |
| 2016 | 12.0% | $828.04 Million | $6.88 Billion | $5.20 Billion | $4.37 Billion | ▼ -1.5 pp |
| 2015 | 13.6% | $659.23 Million | $4.85 Billion | $3.48 Billion | $2.82 Billion | ▲ +17.6 pp |
| 2014 | -4.0% | $-120.72 Million | $2.98 Billion | $2.83 Billion | $2.95 Billion | ▼ -106.0 pp |
| 2013 | 102.0% | $2.60 Billion | $2.55 Billion | $3.68 Billion | $1.08 Billion | ▲ +78.2 pp |
| 2012 | 23.7% | $454.14 Million | $1.91 Billion | $1.27 Billion | $812.17 Million | ▼ -41.2 pp |
| 2011 | 65.0% | $1.10 Billion | $1.69 Billion | $1.57 Billion | $467.31 Million | ▼ -21.6 pp |
| 2010 | 86.6% | $1.96 Billion | $2.27 Billion | $2.17 Billion | $211.21 Million | ▲ +591.1 pp |
| 2009 | -504.6% | $-101.91 Million | $20.20 Million | $213.87 Million | $315.78 Million | — |