CNH Industrial N.V. (CNH) — Working Capital to Net Assets Ratio

Latest as of June 2026: 69.4%

CNH Industrial N.V. (CNH) has a Working Capital to Net Assets ratio of 69.4% as of June 2026. Working capital of $5.45 Billion (current assets of $7.86 Billion minus current liabilities of $2.41 Billion) is measured against net assets of $7.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CNH Industrial N.V. defensive interval ratio to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

69.4%
Working Capital / Net Assets

Working Capital

$5.45 Billion
USD

Current Assets

$7.86 Billion
USD

Current Liabilities

$2.41 Billion
USD

CNH Industrial N.V. Working Capital to Net Assets (2004–2025)

This chart shows how CNH Industrial N.V.'s Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 69.4%, reflecting working capital of $5.45 Billion against net assets of $7.85 Billion USD. For the complete balance sheet picture, see CNH total assets.

Annual Working Capital to Net Assets for CNH Industrial N.V. (2004–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for CNH Industrial N.V. from 2004 to 2025, covering 22 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 how resilient are CNH Industrial N.V.'s assets 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 221.1% $17.30 Billion $7.83 Billion $31.41 Billion $14.11 Billion ▼ -0.6 pp
2024 221.7% $17.22 Billion $7.77 Billion $32.02 Billion $14.80 Billion ▲ +2.1 pp
2023 219.6% $17.89 Billion $8.15 Billion $35.35 Billion $17.46 Billion ▼ -125.0 pp
2022 344.6% $24.04 Billion $6.98 Billion $29.67 Billion $5.63 Billion ▲ +31.5 pp
2021 313.1% $21.45 Billion $6.85 Billion $39.17 Billion $17.72 Billion ▼ -181.4 pp
2020 494.5% $24.87 Billion $5.03 Billion $34.61 Billion $9.74 Billion ▲ +105.7 pp
2019 388.8% $23.93 Billion $6.16 Billion $32.70 Billion $8.77 Billion ▼ -59.7 pp
2018 448.5% $22.86 Billion $5.10 Billion $32.09 Billion $9.23 Billion ▼ -97.9 pp
2017 546.3% $23.26 Billion $4.26 Billion $32.94 Billion $9.69 Billion ▲ +19.0 pp
2016 527.3% $23.58 Billion $4.47 Billion $30.75 Billion $7.17 Billion ▲ +22.4 pp
2015 504.9% $24.55 Billion $4.86 Billion $31.58 Billion $7.04 Billion ▼ -49.9 pp
2014 554.8% $27.61 Billion $4.98 Billion $35.67 Billion $8.06 Billion ▲ +5.1 pp
2013 549.7% $27.30 Billion $4.97 Billion $37.24 Billion $9.93 Billion ▲ +21.2 pp
2012 528.5% $25.54 Billion $4.83 Billion $34.28 Billion $8.74 Billion ▲ +454.3 pp
2011 74.3% $5.88 Billion $7.92 Billion $21.24 Billion $15.36 Billion ▼ -4.8 pp
2010 79.1% $5.84 Billion $7.38 Billion $19.30 Billion $13.47 Billion ▲ +18.0 pp
2009 61.0% $4.16 Billion $6.81 Billion $13.11 Billion $8.95 Billion ▲ +8.3 pp
2008 52.8% $3.47 Billion $6.58 Billion $14.59 Billion $11.12 Billion ▲ +21.3 pp
2007 31.5% $2.02 Billion $6.42 Billion $13.27 Billion $11.25 Billion ▼ -13.4 pp
2006 44.8% $2.34 Billion $5.23 Billion $8.78 Billion $6.44 Billion ▲ +4.3 pp
2005 40.5% $2.08 Billion $5.14 Billion $8.12 Billion $6.03 Billion ▲ +4.1 pp
2004 36.4% $1.87 Billion $5.13 Billion $8.23 Billion $6.37 Billion
pp = percentage points