Zscaler Inc Working Capital to Net Assets Ratio
Zscaler Inc working capital to net assets ratio. Zscaler Inc (ZS) has a Working Capital to Net Assets ratio of 95.9% as of October 2025. Working capital of $1.90 Billion (current assets of $4.21 Billion minus current liabilities of $2.31 Billion) is measured against net assets of $1.98 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Zscaler Inc 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 Zscaler Inc (2015–2025)
Working capital to net assets ratio of Zscaler Inc from 2015 to 2025. This chart shows how Zscaler Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of October 2025, the ratio stands at 95.9%, reflecting working capital of $1.90 Billion against net assets of $1.98 Billion USD. See Zscaler Inc (ZS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Zscaler Inc Working Capital to Net Assets Ratio by Year (2015–2025)
Zscaler Inc working capital to net assets ratio by year from 2015 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Zscaler Inc 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 the complete balance sheet picture, see ZS current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 137.0% | $2.46 Billion | $1.80 Billion | $4.89 Billion | $2.43 Billion | ▲ +114.7 pp |
| 2024 | 22.3% | $283.73 Million | $1.27 Billion | $3.40 Billion | $3.11 Billion | ▼ -164.5 pp |
| 2023 | 186.8% | $1.35 Billion | $725.11 Million | $2.89 Billion | $1.54 Billion | ▼ -9.0 pp |
| 2022 | 195.7% | $1.12 Billion | $573.30 Million | $2.26 Billion | $1.13 Billion | ▼ -17.5 pp |
| 2021 | 213.3% | $1.13 Billion | $528.89 Million | $1.85 Billion | $720.21 Million | ▼ -25.5 pp |
| 2020 | 238.8% | $1.16 Billion | $484.83 Million | $1.58 Billion | $423.90 Million | ▲ +162.9 pp |
| 2019 | 75.9% | $234.14 Million | $308.56 Million | $496.09 Million | $261.95 Million | ▼ -9.2 pp |
| 2018 | 85.1% | $204.33 Million | $240.24 Million | $387.16 Million | $182.83 Million | ▲ +40.0 pp |
| 2017 | 45.0% | $22.45 Million | $49.84 Million | $142.91 Million | $120.46 Million | ▼ -28.7 pp |
| 2016 | 73.7% | $49.16 Million | $66.67 Million | $127.05 Million | $77.90 Million | ▼ -1.5 pp |
| 2015 | 75.3% | $52.98 Million | $70.40 Million | $109.52 Million | $56.55 Million | — |