Las Vegas Sands Corp Working Capital to Net Assets Ratio
Las Vegas Sands Corp working capital to net assets ratio. Las Vegas Sands Corp (LVS) has a Working Capital to Net Assets ratio of 31.5% as of December 2025. Working capital of $610.00 Million (current assets of $4.83 Billion minus current liabilities of $4.22 Billion) is measured against net assets of $1.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Las Vegas Sands Corp (2002–2025)
Working capital to net assets ratio of Las Vegas Sands Corp from 2002 to 2025. This chart shows how Las Vegas Sands Corp's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 31.5%, reflecting working capital of $610.00 Million against net assets of $1.93 Billion USD. Explore Las Vegas Sands Corp long-term investment allocation to see how much of total assets are deployed in long-term investments.
Las Vegas Sands Corp Working Capital to Net Assets Ratio by Year (2002–2025)
Las Vegas Sands Corp working capital to net assets ratio by year from 2002 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Las Vegas Sands Corp from 2002 to 2025, covering 24 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 the complete balance sheet picture, see balance sheet size of Las Vegas Sands Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 31.5% | $610.00 Million | $1.93 Billion | $4.83 Billion | $4.22 Billion | ▲ +79.4 pp |
| 2024 | -47.8% | $-1.51 Billion | $3.16 Billion | $4.29 Billion | $5.80 Billion | ▼ -80.8 pp |
| 2023 | 33.0% | $1.35 Billion | $4.10 Billion | $5.78 Billion | $4.42 Billion | ▼ -44.7 pp |
| 2022 | 77.7% | $2.84 Billion | $3.66 Billion | $6.74 Billion | $3.90 Billion | ▼ -53.3 pp |
| 2021 | 131.0% | $2.94 Billion | $2.25 Billion | $5.51 Billion | $2.56 Billion | ▲ +49.3 pp |
| 2020 | 81.7% | $2.89 Billion | $3.54 Billion | $5.71 Billion | $2.82 Billion | ▲ +49.7 pp |
| 2019 | 32.0% | $2.08 Billion | $6.51 Billion | $5.30 Billion | $3.22 Billion | ▼ -3.7 pp |
| 2018 | 35.7% | $2.41 Billion | $6.75 Billion | $5.57 Billion | $3.16 Billion | ▲ +32.6 pp |
| 2017 | 3.2% | $241.00 Million | $7.63 Billion | $3.20 Billion | $2.96 Billion | ▼ -0.7 pp |
| 2016 | 3.9% | $292.00 Million | $7.50 Billion | $3.10 Billion | $2.81 Billion | ▼ -9.7 pp |
| 2015 | 13.6% | $1.15 Billion | $8.42 Billion | $3.61 Billion | $2.46 Billion | ▼ -14.0 pp |
| 2014 | 27.6% | $2.49 Billion | $9.02 Billion | $5.19 Billion | $2.70 Billion | ▲ +2.5 pp |
| 2013 | 25.1% | $2.39 Billion | $9.50 Billion | $5.52 Billion | $3.13 Billion | ▲ +3.7 pp |
| 2012 | 21.4% | $1.85 Billion | $8.66 Billion | $4.48 Billion | $2.62 Billion | ▼ -9.3 pp |
| 2011 | 30.7% | $2.90 Billion | $9.44 Billion | $5.40 Billion | $2.50 Billion | ▲ +12.3 pp |
| 2010 | 18.4% | $1.46 Billion | $7.93 Billion | $4.06 Billion | $2.60 Billion | ▼ -36.1 pp |
| 2009 | 54.5% | $3.78 Billion | $6.94 Billion | $5.62 Billion | $1.84 Billion | ▲ +4.6 pp |
| 2008 | 50.0% | $2.21 Billion | $4.43 Billion | $3.74 Billion | $1.53 Billion | ▲ +55.0 pp |
| 2007 | -5.1% | $-114.19 Million | $2.26 Billion | $1.38 Billion | $1.49 Billion | ▼ -22.3 pp |
| 2006 | 17.3% | $358.91 Million | $2.08 Billion | $1.09 Billion | $734.65 Million | ▲ +5.8 pp |
| 2005 | 11.5% | $184.34 Million | $1.61 Billion | $644.71 Million | $460.37 Million | ▼ -48.8 pp |
| 2004 | 60.2% | $792.57 Million | $1.32 Billion | $1.41 Billion | $612.56 Million | ▲ +29.8 pp |
| 2003 | 30.5% | $49.37 Million | $162.11 Million | $272.74 Million | $223.37 Million | ▼ -20.1 pp |
| 2002 | 50.6% | $50.74 Million | $100.38 Million | $212.24 Million | $161.49 Million | — |