Bristol-Myers Squibb Company (BMY) — Working Capital to Net Assets Ratio
Bristol-Myers Squibb Company (BMY) has a Working Capital to Net Assets ratio of 44.4% as of June 2026. Working capital of $9.92 Billion (current assets of $28.58 Billion minus current liabilities of $18.66 Billion) is measured against net assets of $22.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bristol-Myers Squibb Company defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bristol-Myers Squibb Company Working Capital to Net Assets (1987–2025)
This chart shows how Bristol-Myers Squibb Company's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of June 2026, the ratio stands at 44.4%, reflecting working capital of $9.92 Billion against net assets of $22.32 Billion USD. For the complete balance sheet picture, see Bristol-Myers Squibb Company (BMY) total assets.
Annual Working Capital to Net Assets for Bristol-Myers Squibb Company (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bristol-Myers Squibb Company from 1987 to 2025, covering 39 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. Check Bristol-Myers Squibb Company (BMY) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.3% | $5.97 Billion | $18.51 Billion | $29.39 Billion | $23.42 Billion | ▼ -4.4 pp |
| 2024 | 36.6% | $6.01 Billion | $16.39 Billion | $29.78 Billion | $23.77 Billion | ▲ +4.4 pp |
| 2023 | 32.2% | $9.51 Billion | $29.48 Billion | $31.77 Billion | $22.26 Billion | ▲ +14.9 pp |
| 2022 | 17.3% | $5.38 Billion | $31.12 Billion | $27.27 Billion | $21.89 Billion | ▼ -14.3 pp |
| 2021 | 31.6% | $11.39 Billion | $36.01 Billion | $33.26 Billion | $21.87 Billion | ▲ +2.3 pp |
| 2020 | 29.3% | $11.11 Billion | $37.88 Billion | $30.19 Billion | $19.08 Billion | ▲ +8.0 pp |
| 2019 | 21.4% | $11.05 Billion | $51.70 Billion | $29.35 Billion | $18.30 Billion | ▼ -28.6 pp |
| 2018 | 50.0% | $7.06 Billion | $14.13 Billion | $17.72 Billion | $10.65 Billion | ▲ +5.3 pp |
| 2017 | 44.7% | $5.29 Billion | $11.85 Billion | $14.85 Billion | $9.56 Billion | ▲ +14.9 pp |
| 2016 | 29.7% | $4.86 Billion | $16.35 Billion | $13.70 Billion | $8.84 Billion | ▲ +13.1 pp |
| 2015 | 16.6% | $2.40 Billion | $14.42 Billion | $10.41 Billion | $8.02 Billion | ▼ -24.4 pp |
| 2014 | 41.0% | $6.15 Billion | $14.98 Billion | $14.61 Billion | $8.46 Billion | ▼ -1.5 pp |
| 2013 | 42.5% | $6.48 Billion | $15.24 Billion | $18.92 Billion | $12.44 Billion | ▲ +33.4 pp |
| 2012 | 9.1% | $1.24 Billion | $13.64 Billion | $9.52 Billion | $8.28 Billion | ▼ -38.4 pp |
| 2011 | 47.5% | $7.54 Billion | $15.87 Billion | $15.32 Billion | $7.78 Billion | ▲ +5.7 pp |
| 2010 | 41.8% | $6.53 Billion | $15.64 Billion | $13.27 Billion | $6.74 Billion | ▼ -9.9 pp |
| 2009 | 51.7% | $7.64 Billion | $14.79 Billion | $13.96 Billion | $6.31 Billion | ▼ -13.7 pp |
| 2008 | 65.4% | $7.99 Billion | $12.21 Billion | $14.70 Billion | $6.71 Billion | ▲ +49.3 pp |
| 2007 | 16.1% | $1.70 Billion | $10.56 Billion | $10.35 Billion | $8.64 Billion | ▼ -22.0 pp |
| 2006 | 38.1% | $3.81 Billion | $9.99 Billion | $10.30 Billion | $6.50 Billion | ▼ -10.0 pp |
| 2005 | 48.1% | $5.39 Billion | $11.21 Billion | $12.28 Billion | $6.89 Billion | ▼ -0.5 pp |
| 2004 | 48.6% | $4.96 Billion | $10.20 Billion | $14.80 Billion | $9.84 Billion | ▲ +2.2 pp |
| 2003 | 46.4% | $4.54 Billion | $9.79 Billion | $12.00 Billion | $7.46 Billion | ▲ +28.4 pp |
| 2002 | 18.0% | $1.57 Billion | $8.76 Billion | $10.06 Billion | $8.49 Billion | ▼ -14.9 pp |
| 2001 | 32.8% | $3.52 Billion | $10.74 Billion | $12.35 Billion | $8.83 Billion | ▼ -12.8 pp |
| 2000 | 45.7% | $4.19 Billion | $9.18 Billion | $9.82 Billion | $5.63 Billion | ▲ +2.5 pp |
| 1999 | 43.1% | $3.73 Billion | $8.64 Billion | $9.27 Billion | $5.54 Billion | ▲ +3.7 pp |
| 1998 | 39.5% | $2.99 Billion | $7.58 Billion | $8.78 Billion | $5.79 Billion | ▲ +2.0 pp |
| 1997 | 37.5% | $2.70 Billion | $7.22 Billion | $7.74 Billion | $5.03 Billion | ▼ -0.3 pp |
| 1996 | 37.7% | $2.48 Billion | $6.57 Billion | $7.53 Billion | $5.05 Billion | ▼ -0.3 pp |
| 1995 | 38.0% | $2.21 Billion | $5.82 Billion | $7.02 Billion | $4.81 Billion | ▼ -4.7 pp |
| 1994 | 42.7% | $2.44 Billion | $5.70 Billion | $6.71 Billion | $4.27 Billion | ▼ -16.3 pp |
| 1993 | 59.0% | $3.50 Billion | $5.94 Billion | $6.57 Billion | $3.06 Billion | ▲ +3.8 pp |
| 1992 | 55.2% | $3.32 Billion | $6.02 Billion | $6.62 Billion | $3.30 Billion | ▲ +6.6 pp |
| 1991 | 48.6% | $2.81 Billion | $5.79 Billion | $5.57 Billion | $2.75 Billion | ▼ -4.0 pp |
| 1990 | 52.6% | $2.85 Billion | $5.42 Billion | $5.67 Billion | $2.82 Billion | ▼ -4.3 pp |
| 1989 | 56.9% | $2.89 Billion | $5.08 Billion | $5.55 Billion | $2.66 Billion | ▲ +0.1 pp |
| 1988 | 56.8% | $2.81 Billion | $4.95 Billion | $5.42 Billion | $2.61 Billion | ▼ -3.7 pp |
| 1987 | 60.5% | $2.88 Billion | $4.75 Billion | $5.01 Billion | $2.13 Billion | — |