Discover Financial Services Working Capital to Net Assets Ratio
Discover Financial Services working capital to net assets ratio. Discover Financial Services (DFS) has a Working Capital to Net Assets ratio of -468.5% as of March 2025. Working capital of $-88.84 Billion (current assets of $19.38 Billion minus current liabilities of $108.22 Billion) is measured against net assets of $18.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Discover Financial Services 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 Discover Financial Services (2005–2024)
Working capital to net assets ratio of Discover Financial Services from 2005 to 2024. This chart shows how Discover Financial Services's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of March 2025, the ratio stands at -468.5%, reflecting working capital of $-88.84 Billion against net assets of $18.96 Billion USD. See Discover Financial Services (DFS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Discover Financial Services Working Capital to Net Assets Ratio by Year (2005–2024)
Discover Financial Services working capital to net assets ratio by year from 2005 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Discover Financial Services from 2005 to 2024, covering 20 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 balance sheet size of Discover Financial Services.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -506.7% | $-90.83 Billion | $17.93 Billion | $16.18 Billion | $107.01 Billion | ▼ -553.4 pp |
| 2023 | 46.7% | $6.93 Billion | $14.83 Billion | $11.69 Billion | $4.75 Billion | ▲ +136.3 pp |
| 2022 | -89.6% | $-13.07 Billion | $14.59 Billion | $10.56 Billion | $23.63 Billion | ▲ +407.7 pp |
| 2021 | -497.3% | $-66.68 Billion | $13.41 Billion | $11.68 Billion | $78.36 Billion | ▼ -451.9 pp |
| 2020 | -45.4% | $-41.63 Billion | $91.65 Billion | $29.31 Billion | $70.93 Billion | ▲ +4.9 pp |
| 2019 | -50.3% | $-44.44 Billion | $88.30 Billion | $18.43 Billion | $62.87 Billion | ▲ +517.6 pp |
| 2018 | -567.9% | $-63.21 Billion | $11.13 Billion | $14.49 Billion | $77.71 Billion | ▼ -64.4 pp |
| 2017 | -503.5% | $-54.84 Billion | $10.89 Billion | $13.30 Billion | $68.14 Billion | ▼ -63.4 pp |
| 2016 | -440.1% | $-49.84 Billion | $11.32 Billion | $10.81 Billion | $60.64 Billion | ▼ -76.2 pp |
| 2015 | -363.9% | $-41.03 Billion | $11.28 Billion | $9.84 Billion | $50.87 Billion | ▼ -19.8 pp |
| 2014 | -344.1% | $-38.32 Billion | $11.13 Billion | $11.13 Billion | $49.45 Billion | ▲ +28.5 pp |
| 2013 | -372.6% | $-40.27 Billion | $10.81 Billion | $7.78 Billion | $48.06 Billion | ▲ +39.7 pp |
| 2012 | -412.3% | $-40.70 Billion | $9.87 Billion | $5.07 Billion | $45.78 Billion | ▼ -4.2 pp |
| 2011 | -408.0% | $-33.63 Billion | $8.24 Billion | $8.96 Billion | $42.59 Billion | ▲ +74.4 pp |
| 2010 | -482.4% | $-31.15 Billion | $6.46 Billion | $5.47 Billion | $36.62 Billion | ▼ -265.6 pp |
| 2009 | -216.8% | $-18.29 Billion | $8.44 Billion | $16.06 Billion | $34.35 Billion | ▲ +105.8 pp |
| 2008 | -322.6% | $-19.08 Billion | $5.92 Billion | $13.45 Billion | $32.54 Billion | ▼ -52.5 pp |
| 2007 | -270.1% | $-15.12 Billion | $5.60 Billion | $11.67 Billion | $26.79 Billion | ▲ +34.9 pp |
| 2006 | -305.0% | $-17.61 Billion | $5.77 Billion | $4.17 Billion | $21.78 Billion | ▲ +86.4 pp |
| 2005 | -391.4% | $-18.01 Billion | $4.60 Billion | $3.47 Billion | $21.48 Billion | — |