Jefferies Financial Group Inc (JEF) — Working Capital to Net Assets Ratio
Jefferies Financial Group Inc (JEF) has a Working Capital to Net Assets ratio of -37.9% as of May 2026. Working capital of $-4.02 Billion (current assets of $14.31 Billion minus current liabilities of $18.34 Billion) is measured against net assets of $10.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Jefferies Financial Group Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jefferies Financial Group Inc Working Capital to Net Assets (1996–2025)
This chart shows how Jefferies Financial Group Inc's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1996 to 2025. As of May 2026, the ratio stands at -37.9%, reflecting working capital of $-4.02 Billion against net assets of $10.61 Billion USD. For the complete balance sheet picture, see JEF asset base.
Annual Working Capital to Net Assets for Jefferies Financial Group Inc (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jefferies Financial Group Inc from 1996 to 2025, covering 26 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 financial resilience of Jefferies Financial Group 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 | 239.5% | $25.49 Billion | $10.64 Billion | $43.26 Billion | $17.78 Billion | ▼ -33.3 pp |
| 2024 | 272.8% | $27.89 Billion | $10.23 Billion | $39.61 Billion | $11.71 Billion | ▲ +43.8 pp |
| 2023 | 229.0% | $22.45 Billion | $9.80 Billion | $34.85 Billion | $12.41 Billion | ▲ +46.4 pp |
| 2022 | 182.6% | $19.04 Billion | $10.43 Billion | $28.35 Billion | $9.31 Billion | ▲ +191.2 pp |
| 2021 | -8.6% | $-925.06 Million | $10.73 Billion | $21.36 Billion | $22.28 Billion | ▲ +7.1 pp |
| 2020 | -15.7% | $-1.51 Billion | $9.59 Billion | $17.96 Billion | $19.47 Billion | ▼ -59.8 pp |
| 2020 | 44.1% | $4.20 Billion | $9.54 Billion | $19.08 Billion | $14.88 Billion | ▼ -17.5 pp |
| 2019 | 61.6% | $6.00 Billion | $9.75 Billion | $32.77 Billion | $26.76 Billion | ▲ +109.7 pp |
| 2018 | -48.1% | $-22.53 Billion | $46.82 Billion | $5.26 Billion | $27.79 Billion | ▼ -99.4 pp |
| 2017 | 51.3% | $5.42 Billion | $10.57 Billion | $30.14 Billion | $24.72 Billion | ▲ +18.3 pp |
| 2016 | 33.0% | $3.55 Billion | $10.77 Billion | $26.63 Billion | $23.08 Billion | ▼ -9.1 pp |
| 2015 | 42.1% | $4.54 Billion | $10.78 Billion | $28.77 Billion | $24.23 Billion | ▼ -4.4 pp |
| 2014 | 46.5% | $4.91 Billion | $10.56 Billion | $35.02 Billion | $30.11 Billion | ▼ -12.5 pp |
| 2013 | 59.0% | $6.15 Billion | $10.41 Billion | $32.54 Billion | $26.39 Billion | ▼ -9.4 pp |
| 2012 | 68.4% | $4.80 Billion | $7.01 Billion | $5.78 Billion | $981.14 Million | ▲ +61.6 pp |
| 2011 | 6.9% | $440.96 Million | $6.41 Billion | $1.32 Billion | $877.13 Million | ▲ +3.5 pp |
| 2010 | 3.4% | $237.75 Million | $6.96 Billion | $985.59 Million | $747.84 Million | ▲ +5.1 pp |
| 2009 | -1.7% | $-73.51 Million | $4.37 Billion | $551.47 Million | $624.98 Million | ▼ -12.9 pp |
| 2008 | 11.3% | $303.72 Million | $2.70 Billion | $866.64 Million | $562.92 Million | ▼ -11.3 pp |
| 2007 | 22.5% | $1.26 Billion | $5.59 Billion | $1.72 Billion | $459.95 Million | ▼ -4.0 pp |
| 2006 | 26.6% | $1.04 Billion | $3.91 Billion | $1.37 Billion | $326.65 Million | ▼ -21.1 pp |
| 2005 | 47.7% | $1.75 Billion | $3.68 Billion | $2.23 Billion | $474.40 Million | ▲ +58.8 pp |
| 2004 | -11.2% | $-251.87 Million | $2.26 Billion | $765.19 Million | $1.02 Billion | ▼ -20.0 pp |
| 2003 | 8.8% | $190.04 Million | $2.15 Billion | $214.00 Million | $23.96 Million | ▼ -11.0 pp |
| 1997 | 19.9% | $402.20 Million | $2.02 Billion | $755.10 Million | $352.90 Million | ▼ -95.9 pp |
| 1996 | 115.8% | $1.31 Billion | $1.13 Billion | $1.83 Billion | $525.70 Million | — |