Dynex Capital Inc (DX) — Working Capital to Net Assets Ratio
Dynex Capital Inc (DX) has a Working Capital to Net Assets ratio of -743.4% as of March 2026. Working capital of $-20.23 Billion (current assets of $1.39 Billion minus current liabilities of $21.62 Billion) is measured against net assets of $2.72 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Dynex Capital Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dynex Capital Inc Working Capital to Net Assets (1990–2025)
This chart shows how Dynex Capital Inc's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at -743.4%, reflecting working capital of $-20.23 Billion against net assets of $2.72 Billion USD. For the complete balance sheet picture, see Dynex Capital Inc asset portfolio.
Annual Working Capital to Net Assets for Dynex Capital Inc (1990–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dynex Capital Inc from 1990 to 2025, covering 36 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 asset resilience ratio of Dynex Capital Inc 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 | -561.4% | $-13.82 Billion | $2.46 Billion | $1.03 Billion | $14.85 Billion | ▼ -56.6 pp |
| 2024 | -504.8% | $-5.98 Billion | $1.18 Billion | $666.09 Million | $6.65 Billion | ▲ +115.9 pp |
| 2023 | -620.7% | $-5.40 Billion | $870.74 Million | $149.68 Million | $5.55 Billion | ▼ -658.5 pp |
| 2022 | 37.9% | $341.19 Million | $901.33 Million | $357.64 Million | $16.45 Million | ▲ +27.5 pp |
| 2021 | 10.3% | $381.61 Million | $3.69 Billion | $382.98 Million | $1.36 Million | ▼ -62.1 pp |
| 2020 | 72.5% | $459.01 Million | $633.45 Million | $460.42 Million | $1.41 Million | ▲ +59.9 pp |
| 2019 | 12.6% | $73.21 Million | $582.99 Million | $88.79 Million | $15.59 Million | ▲ +4.0 pp |
| 2018 | 8.6% | $45.31 Million | $527.15 Million | $55.62 Million | $10.31 Million | ▼ -1.6 pp |
| 2017 | 10.2% | $56.95 Million | $557.06 Million | $60.69 Million | $3.73 Million | ▼ -9.3 pp |
| 2016 | 19.6% | $91.36 Million | $467.18 Million | $94.52 Million | $3.16 Million | ▲ +8.4 pp |
| 2015 | 11.2% | $54.96 Million | $492.02 Million | $56.70 Million | $1.74 Million | ▲ +0.8 pp |
| 2014 | 10.4% | $63.15 Million | $607.30 Million | $65.10 Million | $1.95 Million | ▼ -2.3 pp |
| 2013 | 12.7% | $74.53 Million | $585.88 Million | $104.03 Million | $29.51 Million | ▲ +0.4 pp |
| 2012 | 12.3% | $75.99 Million | $616.71 Million | $78.88 Million | $2.90 Million | ▼ -3.6 pp |
| 2011 | 15.9% | $59.22 Million | $371.35 Million | $61.38 Million | $2.17 Million | ▲ +10.6 pp |
| 2010 | 5.4% | $15.67 Million | $292.36 Million | $24.94 Million | $9.27 Million | ▼ -12.0 pp |
| 2009 | 17.4% | $29.34 Million | $168.75 Million | $34.76 Million | $5.42 Million | ▲ +4.3 pp |
| 2008 | 13.1% | $18.43 Million | $140.41 Million | $24.34 Million | $5.90 Million | ▼ -6.8 pp |
| 2007 | 20.0% | $28.35 Million | $141.94 Million | $35.35 Million | $7.00 Million | ▲ +48.6 pp |
| 2006 | -28.6% | $-39.10 Million | $136.54 Million | $56.88 Million | $95.98 Million | ▲ +30.3 pp |
| 2005 | -59.0% | $-88.08 Million | $149.33 Million | $45.23 Million | $133.31 Million | ▼ -43.9 pp |
| 2004 | -15.0% | $-22.38 Million | $148.77 Million | $52.52 Million | $74.90 Million | ▼ -3.0 pp |
| 2003 | -12.1% | $-18.11 Million | $149.85 Million | $7.39 Million | $25.50 Million | ▼ -16.5 pp |
| 2002 | 4.4% | $9.84 Million | $223.42 Million | $15.24 Million | $5.40 Million | ▲ +3.7 pp |
| 2001 | 0.7% | $1.77 Million | $242.11 Million | $7.17 Million | $5.40 Million | ▼ -9.1 pp |
| 2000 | 9.9% | $15.50 Million | $157.13 Million | $27.10 Million | $11.60 Million | ▲ +8.5 pp |
| 1999 | 1.4% | $4.51 Million | $325.07 Million | $50.81 Million | $46.30 Million | ▼ 0.0 pp |
| 1998 | 1.4% | $6.30 Million | $452.90 Million | $34.30 Million | $28.00 Million | ▲ +4.2 pp |
| 1997 | -2.8% | $-15.60 Million | $560.90 Million | $23.90 Million | $39.50 Million | ▲ +650.1 pp |
| 1996 | -652.9% | $-3.29 Billion | $503.50 Million | $19.50 Million | $3.31 Billion | ▲ +176.9 pp |
| 1995 | -829.8% | $-2.94 Billion | $354.80 Million | $37.10 Million | $2.98 Billion | ▼ -836.8 pp |
| 1994 | 7.0% | $13.80 Million | $197.50 Million | $25.30 Million | $11.50 Million | ▲ +41.5 pp |
| 1993 | -34.5% | $-87.20 Million | $253.00 Million | $15.00 Million | $102.20 Million | ▲ +48.5 pp |
| 1992 | -83.0% | $-147.20 Million | $177.40 Million | $9.50 Million | $156.70 Million | ▼ -15.8 pp |
| 1991 | -67.1% | $-81.50 Million | $121.40 Million | $6.50 Million | $88.00 Million | ▼ -69.7 pp |
| 1990 | 2.6% | $3.10 Million | $120.40 Million | $3.90 Million | $800.00K | — |