ESAB Corp Working Capital to Net Assets Ratio

Latest as of March 2026: 64.4%

ESAB Corp working capital to net assets ratio. ESAB Corp (ESAB) has a Working Capital to Net Assets ratio of 64.4% as of March 2026. Working capital of $1.44 Billion (current assets of $2.17 Billion minus current liabilities of $730.00 Million) is measured against net assets of $2.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of ESAB Corp to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

64.4%
Working Capital / Net Assets

Working Capital

$1.44 Billion
USD

Current Assets

$2.17 Billion
USD

Current Liabilities

$730.00 Million
USD

Working Capital to Net Assets Ratio of ESAB Corp (2019–2025)

Working capital to net assets ratio of ESAB Corp from 2019 to 2025. This chart shows how ESAB Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 64.4%, reflecting working capital of $1.44 Billion against net assets of $2.24 Billion USD. See ESAB cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

ESAB Corp Working Capital to Net Assets Ratio by Year (2019–2025)

ESAB Corp working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for ESAB Corp from 2019 to 2025, covering 7 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 ESAB Corp asset portfolio.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 27.0% $597.12 Million $2.21 Billion $1.26 Billion $664.79 Million ▼ -1.6 pp
2024 28.6% $516.33 Million $1.81 Billion $1.15 Billion $632.05 Million ▲ +5.6 pp
2023 22.9% $377.64 Million $1.65 Billion $997.72 Million $620.08 Million ▼ -5.0 pp
2022 27.9% $387.10 Million $1.39 Billion $988.67 Million $601.58 Million ▲ +13.2 pp
2021 14.7% $367.48 Million $2.50 Billion $964.07 Million $596.59 Million ▲ +1.2 pp
2020 13.5% $344.11 Million $2.54 Billion $804.95 Million $460.84 Million ▼ -5.1 pp
2019 18.6% $498.07 Million $2.68 Billion $933.90 Million $435.83 Million —
pp = percentage points