Xpel Inc Working Capital to Net Assets Ratio
Xpel Inc working capital to net assets ratio. Xpel Inc (XPEL) has a Working Capital to Net Assets ratio of 54.8% as of September 2025. Working capital of $150.19 Million (current assets of $234.53 Million minus current liabilities of $84.34 Million) is measured against net assets of $273.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Xpel Inc (2003–2024)
Working capital to net assets ratio of Xpel Inc from 2003 to 2024. This chart shows how Xpel Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 54.8%, reflecting working capital of $150.19 Million against net assets of $273.85 Million USD. See how many days can Xpel Inc fund operations to measure how many days the company can operate on defensive assets alone.
Xpel Inc Working Capital to Net Assets Ratio by Year (2003–2024)
Xpel Inc working capital to net assets ratio by year from 2003 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Xpel Inc from 2003 to 2024, covering 22 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 Xpel Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.3% | $126.83 Million | $225.46 Million | $168.34 Million | $41.52 Million | ▼ -4.9 pp |
| 2023 | 61.1% | $109.98 Million | $179.99 Million | $146.45 Million | $36.47 Million | ▼ -2.6 pp |
| 2022 | 63.7% | $79.42 Million | $124.72 Million | $106.82 Million | $27.40 Million | ▲ +13.1 pp |
| 2021 | 50.6% | $42.76 Million | $84.46 Million | $79.03 Million | $36.27 Million | ▼ -27.3 pp |
| 2020 | 77.9% | $41.58 Million | $53.38 Million | $62.78 Million | $21.20 Million | ▲ +7.7 pp |
| 2019 | 70.2% | $24.49 Million | $34.89 Million | $36.28 Million | $11.79 Million | ▲ +9.3 pp |
| 2018 | 60.9% | $12.55 Million | $20.61 Million | $21.03 Million | $8.48 Million | ▲ +16.1 pp |
| 2017 | 44.7% | $6.20 Million | $13.85 Million | $19.91 Million | $13.71 Million | ▼ -7.8 pp |
| 2016 | 52.5% | $5.41 Million | $10.29 Million | $14.95 Million | $9.54 Million | ▼ -10.9 pp |
| 2015 | 63.4% | $5.29 Million | $8.34 Million | $14.09 Million | $8.80 Million | ▼ -6.4 pp |
| 2014 | 69.7% | $5.22 Million | $7.48 Million | $10.34 Million | $5.12 Million | ▼ -11.4 pp |
| 2013 | 81.1% | $3.50 Million | $4.32 Million | $5.41 Million | $1.91 Million | ▲ +17.6 pp |
| 2012 | 63.5% | $1.90 Million | $2.99 Million | $4.30 Million | $2.40 Million | ▲ +18.4 pp |
| 2011 | 45.1% | $827.17K | $1.83 Million | $2.23 Million | $1.40 Million | ▲ +10.2 pp |
| 2010 | 35.0% | $349.97K | $1.00 Million | $1.01 Million | $663.85K | ▲ +34.1 pp |
| 2009 | 0.9% | $4.90K | $575.01K | $984.14K | $979.24K | ▲ +76.3 pp |
| 2008 | -75.5% | $-769.93K | $1.02 Million | $1.03 Million | $1.80 Million | ▼ -80.5 pp |
| 2007 | 5.0% | $232.16K | $4.61 Million | $2.13 Million | $1.90 Million | ▼ -265.1 pp |
| 2006 | 270.2% | $-449.31K | $-166.32K | $566.73K | $1.02 Million | ▲ +212.3 pp |
| 2005 | 57.9% | $371.52K | $642.12K | $714.88K | $343.36K | ▼ -324.3 pp |
| 2004 | 382.1% | $-359.38K | $-94.05K | $281.19K | $640.58K | ▲ +322.9 pp |
| 2003 | 59.2% | $-30.91K | $-52.17K | $246.04K | $276.95K | — |