Hagerty Inc (HGTY) — Working Capital to Net Assets Ratio
Hagerty Inc (HGTY) has a Working Capital to Net Assets ratio of -9.7% as of March 2026. Working capital of $-62.52 Million (current assets of $1.06 Billion minus current liabilities of $1.12 Billion) is measured against net assets of $645.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HGTY cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hagerty Inc Working Capital to Net Assets (2019–2024)
This chart shows how Hagerty Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of March 2026, the ratio stands at -9.7%, reflecting working capital of $-62.52 Million against net assets of $645.39 Million USD. For the complete balance sheet picture, see HGTY asset base.
Annual Working Capital to Net Assets for Hagerty Inc (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hagerty Inc from 2019 to 2024, covering 6 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 HGTY financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -104.2% | $-508.42 Million | $488.01 Million | $407.02 Million | $915.45 Million | ▼ -124.2 pp |
| 2023 | 20.0% | $98.62 Million | $493.35 Million | $940.92 Million | $842.30 Million | ▲ +11.1 pp |
| 2022 | 8.9% | $32.69 Million | $367.37 Million | $700.04 Million | $667.36 Million | ▼ -259.9 pp |
| 2021 | 268.8% | $727.78 Million | $270.80 Million | $736.87 Million | $9.08 Million | ▲ +250.4 pp |
| 2020 | 18.3% | $21.49 Million | $117.32 Million | $406.25 Million | $384.75 Million | ▼ -65.7 pp |
| 2019 | 84.0% | $92.80 Million | $110.46 Million | $388.14 Million | $295.34 Million | — |