BEST Inc Working Capital to Net Assets Ratio
BEST Inc working capital to net assets ratio. BEST Inc (BEST) has a Working Capital to Net Assets ratio of 722.6% as of March 2024. Working capital of $-1.67 Billion (current assets of $3.24 Billion minus current liabilities of $4.91 Billion) is measured against net assets of $-231.34 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 BEST Inc (2015–2023)
Working capital to net assets ratio of BEST Inc from 2015 to 2023. This chart shows how BEST Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the ratio stands at 722.6%, reflecting working capital of $-1.67 Billion against net assets of $-231.34 Million USD. Explore how much of BEST Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
BEST Inc Working Capital to Net Assets Ratio by Year (2015–2023)
BEST Inc working capital to net assets ratio by year from 2015 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for BEST Inc from 2015 to 2023, covering 9 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 BEST Inc assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 2520.4% | $-1.76 Billion | $-69.91 Million | $3.09 Billion | $4.85 Billion | ▲ +2704.8 pp |
| 2022 | -184.4% | $-1.48 Billion | $803.75 Million | $3.28 Billion | $4.76 Billion | ▼ -229.1 pp |
| 2021 | 44.7% | $991.70 Million | $2.22 Billion | $6.81 Billion | $5.82 Billion | ▲ +231.7 pp |
| 2020 | -187.0% | $-3.23 Billion | $1.72 Billion | $9.35 Billion | $12.57 Billion | ▼ -164.5 pp |
| 2019 | -22.5% | $-881.22 Million | $3.92 Billion | $9.69 Billion | $10.57 Billion | ▼ -15.7 pp |
| 2018 | -6.9% | $-283.77 Million | $4.14 Billion | $7.83 Billion | $8.11 Billion | ▼ -42.8 pp |
| 2017 | 36.0% | $1.58 Billion | $4.39 Billion | $7.96 Billion | $6.38 Billion | ▲ +41.9 pp |
| 2016 | -6.0% | $808.77 Million | $-13.51 Billion | $4.76 Billion | $3.95 Billion | ▼ -23.7 pp |
| 2015 | 17.7% | $-1.42 Billion | $-8.03 Billion | $1.30 Billion | $2.72 Billion | — |