Terawulf Inc (WULF) — Working Capital to Net Assets Ratio
Terawulf Inc (WULF) has a Working Capital to Net Assets ratio of 4329.6% as of March 2026. Working capital of $-2.41 Billion (current assets of $-22.09 Million minus current liabilities of $2.38 Billion) is measured against net assets of $-55.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Terawulf Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Terawulf Inc Working Capital to Net Assets (2000–2025)
This chart shows how Terawulf Inc's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 4329.6%, reflecting working capital of $-2.41 Billion against net assets of $-55.59 Million USD. Check Terawulf Inc (WULF) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Terawulf Inc (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Terawulf Inc from 2000 to 2025, covering 16 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 how much is Terawulf Inc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1240.6% | $1.74 Billion | $140.44 Million | $3.48 Billion | $1.74 Billion | ▲ +1146.7 pp |
| 2024 | 93.9% | $229.59 Million | $244.44 Million | $281.43 Million | $51.84 Million | ▲ +135.3 pp |
| 2023 | -41.4% | $-92.08 Million | $222.49 Million | $62.59 Million | $154.66 Million | ▲ +53.6 pp |
| 2022 | -95.0% | $-111.88 Million | $117.75 Million | $14.14 Million | $126.02 Million | ▼ -113.0 pp |
| 2021 | 18.0% | $22.20 Million | $123.18 Million | $68.05 Million | $45.86 Million | ▲ +1.9 pp |
| 2020 | 16.2% | $4.57 Million | $28.27 Million | $6.30 Million | $1.74 Million | ▼ -39.0 pp |
| 2019 | 55.1% | $6.76 Million | $12.26 Million | $8.69 Million | $1.93 Million | ▼ -3.2 pp |
| 2018 | 58.4% | $7.65 Million | $13.11 Million | $8.96 Million | $1.30 Million | ▲ +1.3 pp |
| 2017 | 57.1% | $7.40 Million | $12.96 Million | $8.27 Million | $875.78K | ▼ -0.4 pp |
| 2016 | 57.4% | $7.73 Million | $13.46 Million | $9.05 Million | $1.31 Million | ▲ +16.1 pp |
| 2015 | 41.4% | $5.59 Million | $13.50 Million | $6.72 Million | $1.14 Million | ▼ -34.5 pp |
| 2007 | 75.9% | $8.38 Million | $11.05 Million | $9.32 Million | $936.70K | ▲ +1.3 pp |
| 2006 | 74.5% | $7.35 Million | $9.86 Million | $8.23 Million | $879.36K | ▼ -4.9 pp |
| 2005 | 79.4% | $6.74 Million | $8.48 Million | $7.73 Million | $992.29K | ▲ +0.8 pp |
| 2004 | 78.6% | $5.83 Million | $7.41 Million | $6.91 Million | $1.08 Million | ▼ -16.0 pp |
| 2000 | 94.7% | $3.77 Million | $3.98 Million | $4.32 Million | $552.64K | — |