HCA Healthcare, Inc. Working Capital to Net Assets Ratio
HCA Healthcare, Inc. working capital to net assets ratio. HCA Healthcare, Inc. (HCA) has a Working Capital to Net Assets ratio of 133.3% as of June 2026. Working capital of $-4.19 Billion (current assets of $14.96 Billion minus current liabilities of $19.14 Billion) is measured against net assets of $-3.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HCA Healthcare, Inc. (HCA) tangible equity ratio 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 HCA Healthcare, Inc. (1990–2025)
Working capital to net assets ratio of HCA Healthcare, Inc. from 1990 to 2025. This chart shows how HCA Healthcare, Inc.'s Working Capital to Net Assets ratio has evolved across 36 annual periods from 1990 to 2025. As of June 2026, the ratio stands at 133.3%, reflecting working capital of $-4.19 Billion against net assets of $-3.14 Billion USD. See operational self-sufficiency of HCA Healthcare, Inc. to measure how many days the company can operate on defensive assets alone.
HCA Healthcare, Inc. Working Capital to Net Assets Ratio by Year (1990–2025)
HCA Healthcare, Inc. working capital to net assets ratio by year from 1990 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for HCA Healthcare, 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. For the complete balance sheet picture, see balance sheet size of HCA Healthcare, Inc..
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.7% | $-2.79 Billion | $-2.77 Billion | $13.56 Billion | $16.35 Billion | ▼ -122.2 pp |
| 2024 | 222.9% | $1.24 Billion | $555.00 Million | $16.41 Billion | $15.18 Billion | ▲ +8.5 pp |
| 2023 | 214.3% | $2.27 Billion | $1.06 Billion | $14.93 Billion | $12.65 Billion | ▲ +5339.0 pp |
| 2022 | -5124.7% | $3.74 Billion | $-73.00 Million | $13.64 Billion | $9.90 Billion | ▼ -5390.6 pp |
| 2021 | 266.0% | $3.96 Billion | $1.49 Billion | $13.54 Billion | $9.58 Billion | ▲ +140.5 pp |
| 2020 | 125.5% | $3.63 Billion | $2.89 Billion | $12.33 Billion | $8.70 Billion | ▲ +734.2 pp |
| 2019 | -608.7% | $3.44 Billion | $-565.00 Million | $11.20 Billion | $7.76 Billion | ▼ -518.1 pp |
| 2018 | -90.6% | $2.64 Billion | $-2.92 Billion | $10.21 Billion | $7.57 Billion | ▼ -14.2 pp |
| 2017 | -76.5% | $3.82 Billion | $-5.00 Billion | $9.98 Billion | $6.16 Billion | ▼ -18.7 pp |
| 2016 | -57.7% | $3.25 Billion | $-5.63 Billion | $9.09 Billion | $5.83 Billion | ▲ +3.7 pp |
| 2015 | -61.5% | $3.72 Billion | $-6.05 Billion | $9.23 Billion | $5.52 Billion | ▼ -8.4 pp |
| 2014 | -53.1% | $3.45 Billion | $-6.50 Billion | $8.93 Billion | $5.48 Billion | ▼ -19.3 pp |
| 2013 | -33.8% | $2.34 Billion | $-6.93 Billion | $8.04 Billion | $5.70 Billion | ▼ -14.7 pp |
| 2012 | -19.1% | $1.59 Billion | $-8.34 Billion | $7.76 Billion | $6.17 Billion | ▲ +4.9 pp |
| 2011 | -23.9% | $1.68 Billion | $-7.01 Billion | $7.23 Billion | $5.55 Billion | ▲ +0.6 pp |
| 2010 | -24.6% | $2.65 Billion | $-10.79 Billion | $6.92 Billion | $4.27 Billion | ▲ +3.8 pp |
| 2009 | -28.4% | $2.26 Billion | $-7.98 Billion | $6.58 Billion | $4.31 Billion | ▼ -2.6 pp |
| 2008 | -25.8% | $2.39 Billion | $-9.26 Billion | $6.30 Billion | $3.91 Billion | ▼ -1.3 pp |
| 2007 | -24.5% | $2.36 Billion | $-9.60 Billion | $6.21 Billion | $3.85 Billion | ▼ -0.6 pp |
| 2006 | -23.9% | $2.50 Billion | $-10.47 Billion | $6.08 Billion | $3.58 Billion | ▼ -47.1 pp |
| 2005 | 23.2% | $1.32 Billion | $5.69 Billion | $5.21 Billion | $3.90 Billion | ▼ -5.7 pp |
| 2004 | 28.9% | $1.51 Billion | $5.22 Billion | $4.68 Billion | $3.17 Billion | ▲ +4.9 pp |
| 2003 | 24.0% | $1.65 Billion | $6.89 Billion | $4.82 Billion | $3.17 Billion | ▲ +11.9 pp |
| 2002 | 12.1% | $766.00 Million | $6.31 Billion | $4.50 Billion | $3.74 Billion | ▼ -5.8 pp |
| 2001 | 18.0% | $957.00 Million | $5.33 Billion | $4.14 Billion | $3.18 Billion | ▲ +11.7 pp |
| 2000 | 6.3% | $312.00 Million | $4.98 Billion | $4.45 Billion | $4.14 Billion | ▲ +2.1 pp |
| 1999 | 4.2% | $265.00 Million | $6.38 Billion | $3.60 Billion | $3.33 Billion | ▲ +0.5 pp |
| 1998 | 3.6% | $304.00 Million | $8.35 Billion | $3.86 Billion | $3.56 Billion | ▼ -16.8 pp |
| 1997 | 20.4% | $1.65 Billion | $8.09 Billion | $4.42 Billion | $2.77 Billion | ▲ +4.9 pp |
| 1996 | 15.5% | $1.47 Billion | $9.45 Billion | $4.41 Billion | $2.95 Billion | ▼ -3.1 pp |
| 1995 | 18.6% | $1.46 Billion | $7.85 Billion | $4.20 Billion | $2.74 Billion | ▲ +2.4 pp |
| 1994 | 16.2% | $573.00 Million | $3.53 Billion | $2.49 Billion | $1.92 Billion | ▲ +0.0 pp |
| 1993 | 16.2% | $573.00 Million | $3.53 Billion | $2.49 Billion | $1.92 Billion | ▼ -29.5 pp |
| 1992 | 45.8% | $135.50 Million | $296.10 Million | $338.40 Million | $202.90 Million | ▼ -2.9 pp |
| 1991 | 48.6% | $68.70 Million | $141.30 Million | $166.50 Million | $97.80 Million | ▲ +9.2 pp |
| 1990 | 39.4% | $22.50 Million | $57.10 Million | $102.50 Million | $80.00 Million | — |