Penumbra Inc (PEN) — Working Capital to Net Assets Ratio
Penumbra Inc (PEN) has a Working Capital to Net Assets ratio of 72.2% as of March 2026. Working capital of $1.06 Billion (current assets of $1.28 Billion minus current liabilities of $211.73 Million) is measured against net assets of $1.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PEN equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Penumbra Inc Working Capital to Net Assets (2013–2025)
This chart shows how Penumbra Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 72.2%, reflecting working capital of $1.06 Billion against net assets of $1.47 Billion USD. Check Penumbra Inc (PEN) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Penumbra Inc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Penumbra Inc from 2013 to 2025, covering 13 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 Penumbra Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 72.4% | $1.03 Billion | $1.43 Billion | $1.22 Billion | $183.13 Million | ▲ +3.5 pp |
| 2024 | 68.9% | $792.78 Million | $1.15 Billion | $951.12 Million | $158.34 Million | ▲ +4.1 pp |
| 2023 | 64.8% | $764.26 Million | $1.18 Billion | $915.40 Million | $151.14 Million | ▲ +3.7 pp |
| 2022 | 61.1% | $610.77 Million | $998.86 Million | $755.70 Million | $144.93 Million | ▲ +2.6 pp |
| 2021 | 58.5% | $558.28 Million | $953.93 Million | $681.47 Million | $123.20 Million | ▼ -21.7 pp |
| 2020 | 80.2% | $511.77 Million | $637.79 Million | $617.70 Million | $105.93 Million | ▲ +3.6 pp |
| 2019 | 76.6% | $372.09 Million | $485.61 Million | $463.13 Million | $91.05 Million | ▼ -5.0 pp |
| 2018 | 81.6% | $344.66 Million | $422.42 Million | $410.73 Million | $66.06 Million | ▼ -1.0 pp |
| 2017 | 82.6% | $330.65 Million | $400.41 Million | $382.23 Million | $51.58 Million | ▼ -3.0 pp |
| 2016 | 85.5% | $228.03 Million | $266.55 Million | $263.83 Million | $35.80 Million | ▼ -7.4 pp |
| 2015 | 93.0% | $216.21 Million | $232.52 Million | $244.36 Million | $28.15 Million | ▲ +856.8 pp |
| 2014 | -763.8% | $94.48 Million | $-12.37 Million | $115.30 Million | $20.82 Million | ▼ -188.2 pp |
| 2013 | -575.6% | $46.40 Million | $-8.06 Million | $62.24 Million | $15.84 Million | — |