International Seaways Inc (INSW) — Working Capital to Net Assets Ratio
International Seaways Inc (INSW) has a Working Capital to Net Assets ratio of 26.2% as of March 2026. Working capital of $575.70 Million (current assets of $666.49 Million minus current liabilities of $90.79 Million) is measured against net assets of $2.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See INSW FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
International Seaways Inc Working Capital to Net Assets (2014–2025)
This chart shows how International Seaways Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 26.2%, reflecting working capital of $575.70 Million against net assets of $2.19 Billion USD. See INSW days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for International Seaways Inc (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for International Seaways Inc from 2014 to 2025, covering 12 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 live market cap and the full company profile, see INSW stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.3% | $268.15 Million | $2.02 Billion | $367.05 Million | $98.89 Million | ▲ +0.1 pp |
| 2024 | 13.2% | $245.39 Million | $1.86 Billion | $376.32 Million | $130.94 Million | ▼ -2.5 pp |
| 2023 | 15.7% | $269.41 Million | $1.72 Billion | $464.98 Million | $195.57 Million | ▼ -10.2 pp |
| 2022 | 25.9% | $385.23 Million | $1.49 Billion | $642.62 Million | $257.39 Million | ▲ +26.8 pp |
| 2021 | -0.9% | $-10.11 Million | $1.17 Billion | $224.50 Million | $234.61 Million | ▼ -16.1 pp |
| 2020 | 15.2% | $147.94 Million | $972.04 Million | $256.83 Million | $108.90 Million | ▲ +8.1 pp |
| 2019 | 7.1% | $72.87 Million | $1.02 Billion | $187.34 Million | $114.48 Million | ▼ -2.0 pp |
| 2018 | 9.1% | $92.35 Million | $1.01 Billion | $167.62 Million | $75.27 Million | ▲ +1.4 pp |
| 2017 | 7.8% | $84.56 Million | $1.09 Billion | $131.79 Million | $47.23 Million | ▼ -2.9 pp |
| 2016 | 10.7% | $125.81 Million | $1.18 Billion | $170.91 Million | $45.10 Million | ▼ -14.5 pp |
| 2015 | 25.2% | $348.32 Million | $1.38 Billion | $396.74 Million | $48.42 Million | ▲ +7.3 pp |
| 2014 | 17.8% | $247.94 Million | $1.39 Billion | $285.17 Million | $37.24 Million | — |