Centene Corp Working Capital to Net Assets Ratio
Centene Corp working capital to net assets ratio. Centene Corp (CNC) has a Working Capital to Net Assets ratio of 23.0% as of March 2026. Working capital of $4.94 Billion (current assets of $44.99 Billion minus current liabilities of $40.05 Billion) is measured against net assets of $21.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Centene Corp to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Centene Corp (2000–2025)
Working capital to net assets ratio of Centene Corp from 2000 to 2025. This chart shows how Centene Corp's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 23.0%, reflecting working capital of $4.94 Billion against net assets of $21.53 Billion USD. See CNC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Centene Corp Working Capital to Net Assets Ratio by Year (2000–2025)
Centene Corp working capital to net assets ratio by year from 2000 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Centene Corp from 2000 to 2025, covering 26 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 CNC current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 72.4% | $14.52 Billion | $20.06 Billion | $35.99 Billion | $21.48 Billion | ▲ +58.3 pp |
| 2024 | 14.1% | $3.74 Billion | $26.51 Billion | $38.00 Billion | $34.26 Billion | ▼ -1.5 pp |
| 2023 | 15.6% | $4.04 Billion | $25.96 Billion | $40.76 Billion | $36.72 Billion | ▲ +8.7 pp |
| 2022 | 6.9% | $1.66 Billion | $24.24 Billion | $30.13 Billion | $28.46 Billion | ▼ -3.2 pp |
| 2021 | 10.1% | $2.73 Billion | $27.02 Billion | $28.50 Billion | $25.77 Billion | ▲ +3.1 pp |
| 2020 | 7.0% | $1.81 Billion | $25.96 Billion | $23.39 Billion | $21.59 Billion | ▼ -51.3 pp |
| 2019 | 58.2% | $7.39 Billion | $12.69 Billion | $20.32 Billion | $12.93 Billion | ▲ +58.0 pp |
| 2018 | 0.2% | $27.00 Million | $11.02 Billion | $12.00 Billion | $11.97 Billion | ▲ +9.4 pp |
| 2017 | -9.1% | $-629.00 Million | $6.88 Billion | $8.70 Billion | $9.33 Billion | ▼ -4.9 pp |
| 2016 | -4.3% | $-258.00 Million | $6.05 Billion | $8.37 Billion | $8.62 Billion | ▼ -3.2 pp |
| 2015 | -1.0% | $-24.00 Million | $2.32 Billion | $3.60 Billion | $3.63 Billion | ▼ -8.1 pp |
| 2014 | 7.1% | $134.00 Million | $1.89 Billion | $3.03 Billion | $2.90 Billion | ▼ -12.3 pp |
| 2013 | 19.4% | $241.05 Million | $1.24 Billion | $1.80 Billion | $1.56 Billion | ▲ +0.9 pp |
| 2012 | 18.5% | $176.51 Million | $953.77 Million | $1.37 Billion | $1.20 Billion | ▲ +7.6 pp |
| 2011 | 10.9% | $102.40 Million | $936.42 Million | $940.01 Million | $837.61 Million | ▲ +24.5 pp |
| 2010 | -13.6% | $-108.42 Million | $797.05 Million | $656.82 Million | $765.25 Million | ▲ +2.5 pp |
| 2009 | -16.1% | $-99.77 Million | $619.43 Million | $616.13 Million | $715.91 Million | ▼ -21.2 pp |
| 2008 | 5.1% | $25.36 Million | $501.27 Million | $666.34 Million | $640.98 Million | ▲ +14.8 pp |
| 2007 | -9.7% | $-40.46 Million | $415.05 Million | $446.34 Million | $486.80 Million | ▼ -29.3 pp |
| 2006 | 19.6% | $63.87 Million | $326.42 Million | $451.82 Million | $387.95 Million | ▲ +3.1 pp |
| 2005 | 16.5% | $57.95 Million | $352.05 Million | $272.61 Million | $214.65 Million | ▲ +8.3 pp |
| 2004 | 8.2% | $22.13 Million | $271.31 Million | $224.29 Million | $202.16 Million | ▲ +16.6 pp |
| 2003 | -8.4% | $-18.48 Million | $220.12 Million | $110.30 Million | $128.79 Million | ▲ +0.2 pp |
| 2002 | -8.6% | $-8.84 Million | $103.06 Million | $93.09 Million | $101.93 Million | ▼ -62.8 pp |
| 2001 | 54.3% | $34.77 Million | $64.09 Million | $102.05 Million | $67.28 Million | ▼ -5.3 pp |
| 2000 | 59.5% | $-5.26 Million | $-8.83 Million | $46.72 Million | $51.97 Million | — |