Warner Bros Discovery Inc Working Capital to Net Assets Ratio
Warner Bros Discovery Inc working capital to net assets ratio. Warner Bros Discovery Inc (WBD) has a Working Capital to Net Assets ratio of -10.6% as of June 2026. Working capital of $-3.60 Billion (current assets of $12.54 Billion minus current liabilities of $16.14 Billion) is measured against net assets of $33.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check WBD intangible-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 Warner Bros Discovery Inc (2003–2025)
Working capital to net assets ratio of Warner Bros Discovery Inc from 2003 to 2025. This chart shows how Warner Bros Discovery Inc's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at -10.6%, reflecting working capital of $-3.60 Billion against net assets of $33.99 Billion USD. See WBD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Warner Bros Discovery Inc Working Capital to Net Assets Ratio by Year (2003–2025)
Warner Bros Discovery Inc working capital to net assets ratio by year from 2003 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Warner Bros Discovery Inc from 2003 to 2025, covering 23 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 Warner Bros Discovery Inc (WBD) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.9% | $706.00 Million | $37.17 Billion | $13.21 Billion | $12.50 Billion | ▲ +6.9 pp |
| 2024 | -5.0% | $-1.73 Billion | $34.94 Billion | $14.08 Billion | $15.81 Billion | ▼ -2.6 pp |
| 2023 | -2.4% | $-1.11 Billion | $46.47 Billion | $14.22 Billion | $15.33 Billion | ▼ -0.3 pp |
| 2022 | -2.1% | $-1.02 Billion | $48.67 Billion | $14.00 Billion | $15.02 Billion | ▼ -30.5 pp |
| 2021 | 28.4% | $3.81 Billion | $13.40 Billion | $7.26 Billion | $3.46 Billion | ▲ +3.8 pp |
| 2020 | 24.6% | $3.05 Billion | $12.38 Billion | $6.13 Billion | $3.08 Billion | ▲ +8.1 pp |
| 2019 | 16.5% | $1.98 Billion | $11.97 Billion | $5.22 Billion | $3.24 Billion | ▲ +14.3 pp |
| 2018 | 2.2% | $234.00 Million | $10.52 Billion | $4.23 Billion | $4.00 Billion | ▼ -159.4 pp |
| 2017 | 161.7% | $8.12 Billion | $5.02 Billion | $9.99 Billion | $1.87 Billion | ▲ +144.3 pp |
| 2016 | 17.4% | $941.00 Million | $5.41 Billion | $2.50 Billion | $1.56 Billion | ▼ -0.5 pp |
| 2015 | 17.9% | $1.02 Billion | $5.69 Billion | $2.60 Billion | $1.58 Billion | ▲ +19.6 pp |
| 2014 | -1.8% | $-113.00 Million | $6.35 Billion | $2.49 Billion | $2.60 Billion | ▼ -19.7 pp |
| 2013 | 17.9% | $1.12 Billion | $6.23 Billion | $2.41 Billion | $1.29 Billion | ▼ -10.4 pp |
| 2012 | 28.3% | $1.78 Billion | $6.29 Billion | $2.73 Billion | $946.00 Million | ▲ +2.5 pp |
| 2011 | 25.8% | $1.69 Billion | $6.52 Billion | $2.43 Billion | $746.00 Million | ▲ +10.6 pp |
| 2010 | 15.2% | $950.00 Million | $6.23 Billion | $1.74 Billion | $785.00 Million | ▲ +1.1 pp |
| 2009 | 14.2% | $888.00 Million | $6.27 Billion | $1.67 Billion | $783.00 Million | ▲ +13.5 pp |
| 2008 | 0.7% | $39.00 Million | $5.56 Billion | $1.11 Billion | $1.07 Billion | ▼ -4.9 pp |
| 2007 | 5.6% | $252.00 Million | $4.50 Billion | $372.00 Million | $120.00 Million | ▲ +1.3 pp |
| 2006 | 4.3% | $195.00 Million | $4.55 Billion | $317.00 Million | $122.00 Million | ▼ -2.5 pp |
| 2005 | 6.8% | $310.44 Million | $4.58 Billion | $400.39 Million | $89.94 Million | ▲ +4.7 pp |
| 2004 | 2.1% | $90.44 Million | $4.35 Billion | $198.97 Million | $108.53 Million | ▲ +0.4 pp |
| 2003 | 1.7% | $70.84 Million | $4.26 Billion | $131.44 Million | $60.59 Million | — |