Boston Scientific Corp (BSX) — Working Capital to Net Assets Ratio
Boston Scientific Corp (BSX) has a Working Capital to Net Assets ratio of 15.8% as of March 2026. Working capital of $4.11 Billion (current assets of $8.68 Billion minus current liabilities of $4.57 Billion) is measured against net assets of $26.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Boston Scientific Corp (BSX) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Boston Scientific Corp Working Capital to Net Assets (1991–2025)
This chart shows how Boston Scientific Corp's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of March 2026, the ratio stands at 15.8%, reflecting working capital of $4.11 Billion against net assets of $26.10 Billion USD. See BSX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Boston Scientific Corp (1991–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Boston Scientific Corp from 1991 to 2025, covering 35 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 BSX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.7% | $3.35 Billion | $24.47 Billion | $8.79 Billion | $5.44 Billion | ▲ +11.3 pp |
| 2024 | 2.4% | $521.00 Million | $22.00 Billion | $6.92 Billion | $6.40 Billion | ▼ -5.7 pp |
| 2023 | 8.1% | $1.58 Billion | $19.53 Billion | $6.51 Billion | $4.93 Billion | ▼ -3.0 pp |
| 2022 | 11.1% | $1.96 Billion | $17.57 Billion | $5.76 Billion | $3.80 Billion | ▼ -1.2 pp |
| 2021 | 12.3% | $2.04 Billion | $16.62 Billion | $6.32 Billion | $4.27 Billion | ▼ -7.4 pp |
| 2020 | 19.7% | $3.01 Billion | $15.33 Billion | $6.69 Billion | $3.68 Billion | ▲ +20.9 pp |
| 2019 | -1.2% | $-167.00 Million | $13.88 Billion | $4.70 Billion | $4.87 Billion | ▲ +13.2 pp |
| 2018 | -14.4% | $-1.26 Billion | $8.72 Billion | $4.00 Billion | $5.26 Billion | ▲ +11.7 pp |
| 2017 | -26.1% | $-1.83 Billion | $7.01 Billion | $3.82 Billion | $5.65 Billion | ▼ -21.0 pp |
| 2016 | -5.2% | $-348.00 Million | $6.73 Billion | $3.24 Billion | $3.59 Billion | ▼ -21.6 pp |
| 2015 | 16.5% | $1.04 Billion | $6.32 Billion | $3.47 Billion | $2.43 Billion | ▼ -0.3 pp |
| 2014 | 16.8% | $1.15 Billion | $6.84 Billion | $3.39 Billion | $2.25 Billion | ▼ -3.9 pp |
| 2013 | 20.6% | $1.35 Billion | $6.54 Billion | $3.17 Billion | $1.82 Billion | ▲ +2.4 pp |
| 2012 | 18.2% | $1.25 Billion | $6.87 Billion | $3.02 Billion | $1.77 Billion | ▲ +6.8 pp |
| 2011 | 11.4% | $1.30 Billion | $11.35 Billion | $3.10 Billion | $1.81 Billion | ▲ +2.5 pp |
| 2010 | 8.9% | $1.01 Billion | $11.30 Billion | $3.62 Billion | $2.61 Billion | ▲ +0.5 pp |
| 2009 | 8.4% | $1.04 Billion | $12.30 Billion | $4.06 Billion | $3.02 Billion | ▼ -8.6 pp |
| 2008 | 17.0% | $2.24 Billion | $13.14 Billion | $5.45 Billion | $3.21 Billion | ▼ -0.7 pp |
| 2007 | 17.7% | $2.67 Billion | $15.10 Billion | $5.92 Billion | $3.25 Billion | ▲ +2.8 pp |
| 2006 | 14.8% | $2.27 Billion | $15.30 Billion | $4.90 Billion | $2.63 Billion | ▼ -12.1 pp |
| 2005 | 26.9% | $1.15 Billion | $4.28 Billion | $2.63 Billion | $1.48 Billion | ▲ +9.9 pp |
| 2004 | 17.0% | $684.00 Million | $4.03 Billion | $3.29 Billion | $2.60 Billion | ▼ 0.0 pp |
| 2003 | 17.0% | $487.00 Million | $2.86 Billion | $1.88 Billion | $1.39 Billion | ▲ +5.5 pp |
| 2002 | 11.6% | $285.00 Million | $2.47 Billion | $1.21 Billion | $923.00 Million | ▼ -2.1 pp |
| 2001 | 13.6% | $275.00 Million | $2.02 Billion | $1.11 Billion | $831.00 Million | ▲ +4.7 pp |
| 2000 | 8.9% | $173.00 Million | $1.94 Billion | $992.00 Million | $819.00 Million | ▲ +8.9 pp |
| 1999 | 0.0% | $0.00 | $1.72 Billion | $1.05 Billion | $1.05 Billion | ▲ +43.0 pp |
| 1998 | -43.0% | $-353.10 Million | $821.10 Million | $1.27 Billion | $1.62 Billion | ▼ -69.0 pp |
| 1997 | 26.0% | $256.00 Million | $986.20 Million | $1.06 Billion | $808.00 Million | ▼ -5.2 pp |
| 1996 | 31.1% | $285.10 Million | $916.30 Million | $748.90 Million | $463.80 Million | ▼ -4.2 pp |
| 1995 | 35.3% | $266.00 Million | $753.00 Million | $537.00 Million | $271.00 Million | ▼ -20.6 pp |
| 1994 | 55.9% | $190.10 Million | $340.00 Million | $263.80 Million | $73.70 Million | ▼ -8.5 pp |
| 1993 | 64.5% | $159.00 Million | $246.70 Million | $216.10 Million | $57.10 Million | ▼ -13.4 pp |
| 1992 | 77.8% | $193.90 Million | $249.10 Million | $236.50 Million | $42.60 Million | ▲ +7.6 pp |
| 1991 | 70.2% | $63.40 Million | $90.30 Million | $89.10 Million | $25.70 Million | — |