Lemonade Inc (LMND) — Working Capital to Net Assets Ratio
Lemonade Inc (LMND) has a Working Capital to Net Assets ratio of 66.1% as of March 2025. Working capital of $360.50 Million (current assets of $637.50 Million minus current liabilities of $277.00 Million) is measured against net assets of $545.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LMND 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
Lemonade Inc Working Capital to Net Assets (2017–2024)
This chart shows how Lemonade Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at 66.1%, reflecting working capital of $360.50 Million against net assets of $545.50 Million USD. See LMND days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Lemonade Inc (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lemonade Inc from 2017 to 2024, covering 8 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 market cap of Lemonade Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 66.5% | $394.40 Million | $593.40 Million | $686.90 Million | $292.50 Million | ▼ -21.0 pp |
| 2023 | 87.5% | $620.00 Million | $708.90 Million | $821.20 Million | $201.20 Million | ▲ +24.4 pp |
| 2022 | 63.0% | $546.40 Million | $866.80 Million | $565.90 Million | $19.50 Million | ▼ -66.9 pp |
| 2021 | 129.9% | $1.28 Billion | $988.20 Million | $1.30 Billion | $19.70 Million | ▼ -0.1 pp |
| 2020 | 130.0% | $703.50 Million | $541.00 Million | $717.90 Million | $14.40 Million | ▲ +349.6 pp |
| 2019 | -219.6% | $400.70 Million | $-182.50 Million | $405.30 Million | $4.60 Million | ▼ -35.9 pp |
| 2018 | -183.7% | $145.30 Million | $-79.10 Million | $149.10 Million | $3.80 Million | ▼ -288.1 pp |
| 2017 | 104.4% | $33.40 Million | $32.00 Million | $35.90 Million | $2.50 Million | — |