Cloudflare Inc Working Capital to Net Assets Ratio
Cloudflare Inc working capital to net assets ratio. Cloudflare Inc (NET) has a Working Capital to Net Assets ratio of 171.8% as of September 2025. Working capital of $2.31 Billion (current assets of $4.54 Billion minus current liabilities of $2.22 Billion) is measured against net assets of $1.35 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 Cloudflare Inc (2017–2024)
Working capital to net assets ratio of Cloudflare Inc from 2017 to 2024. This chart shows how Cloudflare Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 171.8%, reflecting working capital of $2.31 Billion against net assets of $1.35 Billion USD. Explore NET long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cloudflare Inc Working Capital to Net Assets Ratio by Year (2017–2024)
Cloudflare Inc working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Cloudflare 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 the complete balance sheet picture, see Cloudflare Inc assets under control.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 141.0% | $1.48 Billion | $1.05 Billion | $2.27 Billion | $793.65 Million | ▼ -44.6 pp |
| 2023 | 185.6% | $1.42 Billion | $763.05 Million | $1.98 Billion | $567.08 Million | ▼ -53.2 pp |
| 2022 | 238.8% | $1.49 Billion | $623.96 Million | $1.89 Billion | $397.87 Million | ▲ +34.7 pp |
| 2021 | 204.1% | $1.66 Billion | $815.80 Million | $1.95 Billion | $288.56 Million | ▲ +83.1 pp |
| 2020 | 121.0% | $988.58 Million | $816.94 Million | $1.13 Billion | $141.38 Million | ▲ +37.5 pp |
| 2019 | 83.5% | $605.99 Million | $725.83 Million | $689.87 Million | $83.88 Million | ▲ +202.7 pp |
| 2018 | -119.3% | $135.36 Million | $-113.50 Million | $196.74 Million | $61.38 Million | ▼ -10.9 pp |
| 2017 | -108.4% | $64.86 Million | $-59.83 Million | $92.02 Million | $27.16 Million | — |