Chewy Inc Working Capital to Net Assets Ratio

Latest as of April 2026: -119.4%

Chewy Inc working capital to net assets ratio. Chewy Inc (CHWY) has a Working Capital to Net Assets ratio of -119.4% as of April 2026. Working capital of $-506.40 Million (current assets of $1.84 Billion minus current liabilities of $2.34 Billion) is measured against net assets of $424.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Chewy Inc's equity to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-119.4%
Working Capital / Net Assets

Working Capital

$-506.40 Million
USD

Current Assets

$1.84 Billion
USD

Current Liabilities

$2.34 Billion
USD

Working Capital to Net Assets Ratio of Chewy Inc (2017–2026)

Working capital to net assets ratio of Chewy Inc from 2017 to 2026. This chart shows how Chewy Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2017 to 2026. As of April 2026, the ratio stands at -119.4%, reflecting working capital of $-506.40 Million against net assets of $424.20 Million USD. See CHWY cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Chewy Inc Working Capital to Net Assets Ratio by Year (2017–2026)

Chewy Inc working capital to net assets ratio by year from 2017 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Chewy Inc from 2017 to 2026, covering 10 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 CHWY current and non-current assets.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2026 -53.4% $-265.80 Million $497.90 Million $2.04 Billion $2.30 Billion ▲ +154.8 pp
2025 -208.2% $-544.36 Million $261.46 Million $1.66 Billion $2.21 Billion ▼ -206.9 pp
2024 -1.3% $-6.53 Million $510.24 Million $2.10 Billion $2.11 Billion ▲ +187.7 pp
2023 -189.0% $-302.94 Million $160.27 Million $1.52 Billion $1.83 Billion ▲ +1991.7 pp
2022 -2180.7% $-321.35 Million $14.74 Million $1.32 Billion $1.64 Billion ▼ -9869.5 pp
2021 7688.8% $-154.08 Million $-2.00 Million $1.23 Billion $1.38 Billion ▲ +7572.3 pp
2020 116.5% $-470.75 Million $-403.97 Million $629.79 Million $1.10 Billion ▲ +7.7 pp
2019 108.8% $-365.44 Million $-335.94 Million $448.58 Million $814.03 Million ▼ -27.6 pp
2018 136.4% $-114.14 Million $-83.70 Million $432.58 Million $546.72 Million ▲ +80.2 pp
2017 56.1% $38.63 Million $68.81 Million $279.10 Million $240.47 Million —
pp = percentage points