JPMorgan Chase & Co (JPM) — Working Capital to Net Assets Ratio
JPMorgan Chase & Co (JPM) has a Working Capital to Net Assets ratio of -160.5% as of June 2026. Working capital of $-601.21 Billion (current assets of $3.16 Trillion minus current liabilities of $3.77 Trillion) is measured against net assets of $374.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see total assets of JPMorgan Chase & Co.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JPMorgan Chase & Co Working Capital to Net Assets (1989–2025)
This chart shows how JPMorgan Chase & Co's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of June 2026, the ratio stands at -160.5%, reflecting working capital of $-601.21 Billion against net assets of $374.60 Billion USD. Explore capital reinvestment ratio of JPMorgan Chase & Co to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for JPMorgan Chase & Co (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for JPMorgan Chase & Co from 1989 to 2025, covering 37 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. Explore how much of JPMorgan Chase & Co's assets are long-term investments to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 247.6% | $897.36 Billion | $362.44 Billion | $962.13 Billion | $64.78 Billion | ▲ +563.8 pp |
| 2024 | -316.2% | $-1.09 Trillion | $344.76 Billion | $1.98 Trillion | $3.07 Trillion | ▲ +305.8 pp |
| 2023 | -622.0% | $-2.04 Trillion | $327.88 Billion | $924.00 Billion | $2.96 Trillion | ▲ +118.4 pp |
| 2022 | -740.4% | $-2.16 Trillion | $292.33 Billion | $889.12 Billion | $3.05 Trillion | ▼ -62.4 pp |
| 2021 | -678.0% | $-1.99 Trillion | $294.13 Billion | $1.13 Trillion | $3.13 Trillion | ▼ -24.9 pp |
| 2020 | -653.1% | $-1.82 Trillion | $279.35 Billion | $974.06 Billion | $2.80 Trillion | ▼ -104.6 pp |
| 2019 | -548.5% | $-1.43 Trillion | $261.33 Billion | $676.87 Billion | $2.11 Trillion | ▲ +26.7 pp |
| 2018 | -575.2% | $-1.48 Trillion | $256.51 Billion | $582.39 Billion | $2.06 Trillion | ▼ -81.8 pp |
| 2017 | -493.4% | $-1.26 Trillion | $255.69 Billion | $701.26 Billion | $1.96 Trillion | ▼ -14.3 pp |
| 2016 | -479.1% | $-1.22 Trillion | $254.19 Billion | $680.86 Billion | $1.90 Trillion | ▼ -61.6 pp |
| 2015 | -417.5% | $-1.03 Trillion | $247.57 Billion | $648.86 Billion | $1.68 Trillion | ▲ +26.1 pp |
| 2014 | -443.6% | $-1.03 Trillion | $231.73 Billion | $881.14 Billion | $1.91 Trillion | ▼ -710.9 pp |
| 2013 | 267.3% | $564.38 Billion | $211.18 Billion | $816.72 Billion | $252.34 Billion | ▲ +238.2 pp |
| 2012 | 29.1% | $59.29 Billion | $204.07 Billion | $114.66 Billion | $55.37 Billion | ▼ -8.8 pp |
| 2011 | 37.8% | $69.45 Billion | $183.57 Billion | $121.08 Billion | $51.63 Billion | ▼ -138.5 pp |
| 2010 | 176.3% | $310.49 Billion | $176.11 Billion | $516.19 Billion | $205.69 Billion | ▲ +788.4 pp |
| 2009 | -612.0% | $-1.01 Trillion | $165.37 Billion | $517.23 Billion | $1.53 Trillion | ▲ +91.3 pp |
| 2008 | -703.4% | $-1.17 Trillion | $166.88 Billion | $431.93 Billion | $1.61 Trillion | ▲ +104.3 pp |
| 2007 | -807.6% | $-995.15 Billion | $123.22 Billion | $161.84 Billion | $1.16 Trillion | ▼ -117.6 pp |
| 2006 | -690.0% | $-799.00 Billion | $115.79 Billion | $168.77 Billion | $967.77 Billion | ▼ -36.8 pp |
| 2005 | -653.2% | $-700.31 Billion | $107.21 Billion | $140.40 Billion | $840.71 Billion | ▼ -239.0 pp |
| 2004 | -414.2% | $-636.63 Billion | $153.71 Billion | $109.98 Billion | $746.61 Billion | ▲ +382.1 pp |
| 2003 | -796.3% | $-465.43 Billion | $58.45 Billion | $42.80 Billion | $508.23 Billion | ▲ +375.9 pp |
| 2002 | -1172.2% | $-495.92 Billion | $42.31 Billion | $42.30 Billion | $538.21 Billion | ▼ -93.9 pp |
| 2001 | -1078.3% | $-449.11 Billion | $41.65 Billion | $50.14 Billion | $499.25 Billion | ▼ -131.0 pp |
| 2000 | -947.4% | $-443.62 Billion | $46.83 Billion | $52.92 Billion | $496.55 Billion | ▲ +193.8 pp |
| 1999 | -1141.2% | $-275.79 Billion | $24.17 Billion | $46.81 Billion | $322.60 Billion | ▼ -88.3 pp |
| 1998 | -1052.9% | $-256.79 Billion | $24.39 Billion | $26.60 Billion | $283.39 Billion | ▲ +77.5 pp |
| 1997 | -1130.4% | $-252.00 Billion | $22.29 Billion | $21.95 Billion | $273.94 Billion | ▼ -40.3 pp |
| 1996 | -1090.1% | $-234.86 Billion | $21.54 Billion | $25.97 Billion | $260.83 Billion | ▼ -39.5 pp |
| 1995 | -1050.6% | $-125.15 Billion | $11.91 Billion | $13.07 Billion | $138.22 Billion | ▲ +52.2 pp |
| 1994 | -1102.8% | $-118.14 Billion | $10.71 Billion | $15.67 Billion | $133.81 Billion | ▼ -102.7 pp |
| 1993 | -1000.2% | $-111.66 Billion | $11.16 Billion | $13.99 Billion | $125.65 Billion | ▲ +90.2 pp |
| 1992 | -1090.4% | $-107.42 Billion | $9.85 Billion | $11.78 Billion | $119.19 Billion | ▲ +426.9 pp |
| 1991 | -1517.4% | $-110.48 Billion | $7.28 Billion | $11.80 Billion | $122.28 Billion | ▼ -89.9 pp |
| 1990 | -1427.4% | $-55.77 Billion | $3.91 Billion | $7.26 Billion | $63.03 Billion | ▲ +41.8 pp |
| 1989 | -1469.2% | $-54.43 Billion | $3.71 Billion | $7.98 Billion | $62.41 Billion | — |