Zai Lab Ltd (ZLAB) — Working Capital to Net Assets Ratio
Zai Lab Ltd (ZLAB) has a Working Capital to Net Assets ratio of 83.3% as of March 2026. Working capital of $551.75 Million (current assets of $944.73 Million minus current liabilities of $392.98 Million) is measured against net assets of $661.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zai Lab Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zai Lab Ltd Working Capital to Net Assets (2015–2025)
This chart shows how Zai Lab Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 83.3%, reflecting working capital of $551.75 Million against net assets of $661.98 Million USD. Check ZLAB tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zai Lab Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zai Lab Ltd from 2015 to 2025, covering 11 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 Zai Lab Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 84.3% | $603.12 Million | $715.50 Million | $1.02 Billion | $416.17 Million | ▼ -5.0 pp |
| 2024 | 89.3% | $751.10 Million | $840.90 Million | $1.05 Billion | $299.38 Million | ▼ -3.2 pp |
| 2023 | 92.5% | $736.54 Million | $796.12 Million | $939.61 Million | $203.07 Million | ▼ -1.6 pp |
| 2022 | 94.2% | $984.49 Million | $1.05 Billion | $1.12 Billion | $139.84 Million | ▼ -0.6 pp |
| 2021 | 94.8% | $1.31 Billion | $1.38 Billion | $1.50 Billion | $192.90 Million | ▼ -0.8 pp |
| 2020 | 95.6% | $1.12 Billion | $1.17 Billion | $1.22 Billion | $98.04 Million | ▲ +12.2 pp |
| 2019 | 83.4% | $245.83 Million | $294.66 Million | $292.46 Million | $46.63 Million | ▼ -4.3 pp |
| 2018 | 87.7% | $220.30 Million | $251.08 Million | $269.14 Million | $48.84 Million | ▼ -5.2 pp |
| 2017 | 92.9% | $218.55 Million | $235.17 Million | $230.61 Million | $12.07 Million | ▲ +246.0 pp |
| 2016 | -153.1% | $78.92 Million | $-51.55 Million | $84.09 Million | $5.17 Million | ▼ -102.5 pp |
| 2015 | -50.6% | $9.29 Million | $-18.37 Million | $13.23 Million | $3.94 Million | — |