National HealthCare Corporation (NHC) — Working Capital to Net Assets Ratio
National HealthCare Corporation (NHC) has a Working Capital to Net Assets ratio of 18.1% as of December 2025. Working capital of $194.55 Million (current assets of $448.18 Million minus current liabilities of $253.63 Million) is measured against net assets of $1.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See National HealthCare Corporation balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
National HealthCare Corporation Working Capital to Net Assets (1991–2025)
This chart shows how National HealthCare Corporation's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 18.1%, reflecting working capital of $194.55 Million against net assets of $1.07 Billion USD. Check NHC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for National HealthCare Corporation (1991–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for National HealthCare Corporation from 1991 to 2025, covering 35 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 National HealthCare Corporation (NHC) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.1% | $194.55 Million | $1.07 Billion | $448.18 Million | $253.63 Million | ▼ -1.2 pp |
| 2024 | 19.3% | $189.61 Million | $983.16 Million | $424.41 Million | $234.80 Million | ▼ -1.8 pp |
| 2023 | 21.1% | $191.76 Million | $910.48 Million | $406.24 Million | $214.48 Million | ▲ +3.3 pp |
| 2022 | 17.8% | $156.04 Million | $877.51 Million | $353.93 Million | $197.89 Million | ▼ -0.2 pp |
| 2021 | 18.0% | $163.44 Million | $908.46 Million | $426.64 Million | $263.20 Million | ▼ -4.0 pp |
| 2020 | 22.0% | $175.53 Million | $798.26 Million | $456.75 Million | $281.23 Million | ▲ +3.2 pp |
| 2019 | 18.8% | $146.29 Million | $779.07 Million | $341.05 Million | $194.76 Million | ▼ -3.6 pp |
| 2018 | 22.4% | $164.09 Million | $733.28 Million | $322.01 Million | $157.92 Million | ▼ -2.4 pp |
| 2017 | 24.8% | $174.25 Million | $702.74 Million | $329.31 Million | $155.06 Million | ▲ +3.9 pp |
| 2016 | 20.9% | $139.93 Million | $669.61 Million | $290.86 Million | $150.93 Million | ▲ +0.6 pp |
| 2015 | 20.3% | $128.29 Million | $631.00 Million | $278.94 Million | $150.66 Million | ▲ +1.3 pp |
| 2014 | 19.0% | $139.49 Million | $734.15 Million | $322.52 Million | $183.03 Million | ▼ -8.1 pp |
| 2013 | 27.1% | $186.57 Million | $688.11 Million | $436.93 Million | $250.36 Million | ▼ -1.5 pp |
| 2012 | 28.6% | $188.48 Million | $659.67 Million | $414.98 Million | $226.50 Million | ▲ +4.7 pp |
| 2011 | 23.9% | $146.28 Million | $611.74 Million | $362.19 Million | $215.91 Million | ▲ +6.4 pp |
| 2010 | 17.5% | $98.32 Million | $561.15 Million | $322.13 Million | $223.81 Million | ▲ +0.7 pp |
| 2009 | 16.8% | $88.36 Million | $525.78 Million | $300.84 Million | $212.49 Million | ▲ +4.2 pp |
| 2008 | 12.7% | $60.83 Million | $480.82 Million | $312.75 Million | $251.92 Million | ▲ +0.1 pp |
| 2007 | 12.5% | $57.19 Million | $455.71 Million | $246.01 Million | $188.82 Million | ▼ -36.4 pp |
| 2006 | 49.0% | $122.06 Million | $249.14 Million | $290.61 Million | $168.55 Million | ▼ -6.5 pp |
| 2005 | 55.5% | $113.39 Million | $204.24 Million | $260.58 Million | $147.19 Million | ▲ +1.4 pp |
| 2004 | 54.1% | $99.13 Million | $183.22 Million | $227.73 Million | $128.60 Million | ▲ +6.0 pp |
| 2003 | 48.1% | $72.99 Million | $151.84 Million | $204.80 Million | $131.81 Million | ▲ +6.3 pp |
| 2002 | 41.8% | $50.53 Million | $120.89 Million | $164.61 Million | $114.08 Million | ▲ +4.5 pp |
| 2001 | 37.3% | $35.82 Million | $96.08 Million | $148.79 Million | $112.97 Million | ▲ +18.7 pp |
| 2000 | 18.6% | $12.95 Million | $69.53 Million | $116.58 Million | $103.62 Million | ▼ -9.0 pp |
| 1999 | 27.7% | $14.84 Million | $53.64 Million | $107.50 Million | $92.66 Million | ▼ -25.5 pp |
| 1998 | 53.1% | $27.10 Million | $51.00 Million | $119.80 Million | $92.70 Million | ▼ -62.4 pp |
| 1997 | 115.6% | $44.50 Million | $38.50 Million | $125.30 Million | $80.80 Million | ▲ +109.9 pp |
| 1996 | 5.6% | $7.30 Million | $129.30 Million | $80.10 Million | $72.80 Million | ▼ -22.1 pp |
| 1995 | 27.7% | $30.40 Million | $109.70 Million | $89.40 Million | $59.00 Million | ▼ -14.0 pp |
| 1994 | 41.7% | $42.50 Million | $101.80 Million | $97.50 Million | $55.00 Million | ▼ -32.7 pp |
| 1993 | 74.5% | $69.50 Million | $93.30 Million | $109.30 Million | $39.80 Million | ▲ +19.1 pp |
| 1992 | 55.4% | $38.00 Million | $68.60 Million | $64.10 Million | $26.10 Million | ▲ +10.7 pp |
| 1991 | 44.7% | $28.00 Million | $62.60 Million | $53.30 Million | $25.30 Million | — |