Noah Holdings Ltd Working Capital to Net Assets Ratio
Noah Holdings Ltd working capital to net assets ratio. Noah Holdings Ltd (NOAH) has a Working Capital to Net Assets ratio of 51.4% as of March 2026. Working capital of $5.11 Billion (current assets of $6.46 Billion minus current liabilities of $1.36 Billion) is measured against net assets of $9.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Noah Holdings Ltd to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Noah Holdings Ltd (2007–2025)
Working capital to net assets ratio of Noah Holdings Ltd from 2007 to 2025. This chart shows how Noah Holdings Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 51.4%, reflecting working capital of $5.11 Billion against net assets of $9.93 Billion USD. See NOAH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Noah Holdings Ltd Working Capital to Net Assets Ratio by Year (2007–2025)
Noah Holdings Ltd working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Noah Holdings Ltd from 2007 to 2025, covering 19 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 total assets of Noah Holdings Ltd.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 49.4% | $4.93 Billion | $9.98 Billion | $6.36 Billion | $1.43 Billion | ▼ -1.0 pp |
| 2024 | 50.4% | $5.05 Billion | $10.01 Billion | $6.47 Billion | $1.43 Billion | ▲ +0.3 pp |
| 2023 | 50.1% | $5.23 Billion | $10.43 Billion | $7.12 Billion | $1.89 Billion | ▲ +3.7 pp |
| 2022 | 46.4% | $4.41 Billion | $9.50 Billion | $6.32 Billion | $1.90 Billion | ▲ +6.7 pp |
| 2021 | 39.7% | $3.23 Billion | $8.14 Billion | $5.52 Billion | $2.28 Billion | ▼ -26.5 pp |
| 2020 | 66.3% | $4.82 Billion | $7.28 Billion | $6.70 Billion | $1.88 Billion | ▼ -0.1 pp |
| 2019 | 66.4% | $5.23 Billion | $7.87 Billion | $6.73 Billion | $1.51 Billion | ▲ +9.5 pp |
| 2018 | 56.9% | $3.51 Billion | $6.18 Billion | $5.10 Billion | $1.59 Billion | ▲ +7.8 pp |
| 2017 | 49.1% | $2.21 Billion | $4.51 Billion | $4.04 Billion | $1.82 Billion | ▼ -44.0 pp |
| 2016 | 93.1% | $3.16 Billion | $3.39 Billion | $4.73 Billion | $1.58 Billion | ▲ +2.5 pp |
| 2015 | 90.6% | $2.30 Billion | $2.53 Billion | $3.26 Billion | $966.83 Million | ▲ +9.1 pp |
| 2014 | 81.5% | $1.58 Billion | $1.94 Billion | $2.27 Billion | $692.75 Million | ▼ -3.5 pp |
| 2013 | 85.0% | $1.21 Billion | $1.43 Billion | $1.59 Billion | $380.66 Million | ▼ -8.1 pp |
| 2012 | 93.1% | $1.02 Billion | $1.10 Billion | $1.18 Billion | $164.31 Million | ▼ -2.5 pp |
| 2011 | 95.6% | $967.36 Million | $1.01 Billion | $1.07 Billion | $105.56 Million | ▼ -0.5 pp |
| 2010 | 96.1% | $838.65 Million | $873.04 Million | $936.36 Million | $97.71 Million | ▼ -65.1 pp |
| 2009 | 161.2% | $60.25 Million | $37.38 Million | $95.67 Million | $35.42 Million | ▼ -343.4 pp |
| 2008 | 504.5% | $38.16 Million | $7.56 Million | $56.70 Million | $18.54 Million | ▼ -418.7 pp |
| 2007 | 923.2% | $37.27 Million | $4.04 Million | $45.03 Million | $7.76 Million | — |