Armstrong World Industries Inc (AWI) — Working Capital to Net Assets Ratio
Armstrong World Industries Inc (AWI) has a Working Capital to Net Assets ratio of 15.1% as of September 2025. Working capital of $134.60 Million (current assets of $395.70 Million minus current liabilities of $261.10 Million) is measured against net assets of $889.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Armstrong World Industries Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Armstrong World Industries Inc Working Capital to Net Assets (1994–2024)
This chart shows how Armstrong World Industries Inc's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 15.1%, reflecting working capital of $134.60 Million against net assets of $889.20 Million USD. Check Armstrong World Industries Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Armstrong World Industries Inc (1994–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Armstrong World Industries Inc from 1994 to 2024, covering 31 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 Armstrong World Industries Inc (AWI) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 13.1% | $99.20 Million | $757.10 Million | $348.90 Million | $249.70 Million | ▼ -6.9 pp |
| 2023 | 20.0% | $118.50 Million | $591.80 Million | $313.00 Million | $194.50 Million | ▼ -12.5 pp |
| 2022 | 32.5% | $173.80 Million | $535.00 Million | $356.50 Million | $182.70 Million | ▲ +10.9 pp |
| 2021 | 21.6% | $112.30 Million | $519.70 Million | $321.90 Million | $209.60 Million | ▼ -9.3 pp |
| 2020 | 30.9% | $139.50 Million | $450.90 Million | $311.80 Million | $172.30 Million | ▲ +6.5 pp |
| 2019 | 24.4% | $89.20 Million | $364.90 Million | $244.40 Million | $155.20 Million | ▼ -53.4 pp |
| 2018 | 77.8% | $203.30 Million | $261.20 Million | $752.80 Million | $549.50 Million | ▼ -12.6 pp |
| 2017 | 90.4% | $379.00 Million | $419.30 Million | $648.90 Million | $269.90 Million | ▲ +22.0 pp |
| 2016 | 68.4% | $182.10 Million | $266.40 Million | $406.20 Million | $224.10 Million | ▲ +10.5 pp |
| 2015 | 57.8% | $444.50 Million | $768.80 Million | $880.80 Million | $436.30 Million | ▼ -7.4 pp |
| 2014 | 65.2% | $423.40 Million | $649.10 Million | $811.50 Million | $388.10 Million | ▼ -5.0 pp |
| 2013 | 70.3% | $473.10 Million | $673.20 Million | $884.00 Million | $410.90 Million | ▼ -18.1 pp |
| 2012 | 88.3% | $635.20 Million | $719.10 Million | $1.02 Billion | $384.70 Million | ▲ +15.5 pp |
| 2011 | 72.8% | $823.20 Million | $1.13 Billion | $1.21 Billion | $386.10 Million | ▲ +14.4 pp |
| 2010 | 58.5% | $637.80 Million | $1.09 Billion | $1.02 Billion | $382.90 Million | ▲ +7.4 pp |
| 2009 | 51.1% | $974.30 Million | $1.91 Billion | $1.33 Billion | $357.30 Million | ▲ +0.8 pp |
| 2008 | 50.2% | $876.10 Million | $1.74 Billion | $1.26 Billion | $385.40 Million | ▲ +9.2 pp |
| 2007 | 41.1% | $1.00 Billion | $2.44 Billion | $1.50 Billion | $497.30 Million | ▲ +1.7 pp |
| 2006 | 39.4% | $854.80 Million | $2.17 Billion | $1.37 Billion | $516.60 Million | ▲ +125.3 pp |
| 2005 | -86.0% | $1.13 Billion | $-1.31 Billion | $1.56 Billion | $433.30 Million | ▼ -16.4 pp |
| 2004 | -69.6% | $985.80 Million | $-1.42 Billion | $1.48 Billion | $496.40 Million | ▲ +0.3 pp |
| 2003 | -69.9% | $933.30 Million | $-1.34 Billion | $1.36 Billion | $425.50 Million | ▼ -6.2 pp |
| 2002 | -63.7% | $851.60 Million | $-1.34 Billion | $1.26 Billion | $404.30 Million | ▼ -161.2 pp |
| 2001 | 97.5% | $749.90 Million | $769.20 Million | $1.11 Billion | $364.40 Million | ▲ +0.3 pp |
| 2000 | 97.1% | $652.80 Million | $672.00 Million | $944.00 Million | $291.20 Million | ▲ +61.7 pp |
| 1999 | 35.4% | $244.90 Million | $691.00 Million | $1.03 Billion | $785.00 Million | ▼ -15.2 pp |
| 1998 | 50.7% | $367.80 Million | $725.80 Million | $1.12 Billion | $753.30 Million | ▲ +35.1 pp |
| 1997 | 15.6% | $128.50 Million | $825.60 Million | $600.00 Million | $471.50 Million | ▼ -14.8 pp |
| 1996 | 30.4% | $243.50 Million | $802.30 Million | $564.50 Million | $321.00 Million | ▼ -13.8 pp |
| 1995 | 44.2% | $346.80 Million | $785.00 Million | $722.70 Million | $375.90 Million | ▲ +3.3 pp |
| 1994 | 40.8% | $303.70 Million | $743.70 Million | $691.00 Million | $387.30 Million | — |