Callaway Golf Company (CALY) — Working Capital to Net Assets Ratio
Callaway Golf Company (CALY) has a Working Capital to Net Assets ratio of 38.7% as of June 2026. Working capital of $837.50 Million (current assets of $1.25 Billion minus current liabilities of $409.90 Million) is measured against net assets of $2.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CALY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Callaway Golf Company Working Capital to Net Assets (2005–2025)
This chart shows how Callaway Golf Company's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of June 2026, the ratio stands at 38.7%, reflecting working capital of $837.50 Million against net assets of $2.16 Billion USD. For the complete balance sheet picture, see balance sheet size of Callaway Golf Company.
Annual Working Capital to Net Assets for Callaway Golf Company (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Callaway Golf Company from 2005 to 2025, covering 21 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. Explore long-term investment intensity of Callaway Golf Company to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 75.8% | $1.57 Billion | $2.07 Billion | $5.94 Billion | $4.37 Billion | ▲ +43.6 pp |
| 2024 | 32.2% | $774.80 Million | $2.41 Billion | $1.60 Billion | $825.90 Million | ▲ +14.6 pp |
| 2023 | 17.5% | $680.50 Million | $3.88 Billion | $1.63 Billion | $947.60 Million | ▲ +8.5 pp |
| 2022 | 9.1% | $342.70 Million | $3.77 Billion | $1.52 Billion | $1.18 Billion | ▲ +0.9 pp |
| 2021 | 8.1% | $299.70 Million | $3.68 Billion | $1.17 Billion | $866.00 Million | ▼ -68.9 pp |
| 2020 | 77.0% | $520.32 Million | $675.64 Million | $911.60 Million | $391.27 Million | ▲ +42.4 pp |
| 2019 | 34.6% | $265.36 Million | $767.35 Million | $788.60 Million | $523.25 Million | ▲ +4.5 pp |
| 2018 | 30.1% | $221.19 Million | $734.31 Million | $524.43 Million | $303.24 Million | ▲ +7.2 pp |
| 2017 | 22.9% | $151.16 Million | $659.38 Million | $465.53 Million | $314.37 Million | ▼ -21.9 pp |
| 2016 | 44.9% | $273.05 Million | $608.60 Million | $459.91 Million | $186.85 Million | ▼ -6.6 pp |
| 2015 | 51.4% | $212.34 Million | $412.94 Million | $390.98 Million | $178.64 Million | ▼ -16.8 pp |
| 2014 | 68.2% | $198.90 Million | $291.53 Million | $383.03 Million | $184.13 Million | ▲ +0.1 pp |
| 2013 | 68.2% | $193.98 Million | $284.62 Million | $420.18 Million | $226.20 Million | ▼ -1.5 pp |
| 2012 | 69.6% | $224.02 Million | $321.71 Million | $385.58 Million | $161.57 Million | ▲ +20.7 pp |
| 2011 | 48.9% | $250.90 Million | $512.81 Million | $418.68 Million | $167.78 Million | ▼ -4.1 pp |
| 2010 | 53.0% | $369.13 Million | $695.85 Million | $544.29 Million | $175.17 Million | ▲ +2.2 pp |
| 2009 | 50.9% | $361.25 Million | $709.88 Million | $512.71 Million | $151.45 Million | ▲ +10.2 pp |
| 2008 | 40.7% | $236.31 Million | $580.37 Million | $489.72 Million | $253.41 Million | ▼ -7.1 pp |
| 2007 | 47.8% | $272.75 Million | $570.21 Million | $496.30 Million | $223.55 Million | ▲ +1.3 pp |
| 2006 | 46.6% | $269.75 Million | $579.10 Million | $493.20 Million | $223.46 Million | ▼ -3.5 pp |
| 2005 | 50.1% | $298.38 Million | $596.05 Million | $438.59 Million | $140.21 Million | — |