Polaris Industries Inc (PII) — Working Capital to Net Assets Ratio
Polaris Industries Inc (PII) has a Working Capital to Net Assets ratio of 50.8% as of June 2026. Working capital of $427.20 Million (current assets of $2.57 Billion minus current liabilities of $2.14 Billion) is measured against net assets of $841.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PII days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Polaris Industries Inc Working Capital to Net Assets (1987–2025)
This chart shows how Polaris Industries Inc's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of June 2026, the ratio stands at 50.8%, reflecting working capital of $427.20 Million against net assets of $841.00 Million USD. For the complete balance sheet picture, see PII current and non-current assets.
Annual Working Capital to Net Assets for Polaris Industries Inc (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Polaris Industries Inc from 1987 to 2025, covering 39 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. Check PII asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -4.4% | $-36.70 Million | $839.60 Million | $2.21 Billion | $2.24 Billion | ▼ -30.6 pp |
| 2024 | 26.2% | $339.20 Million | $1.29 Billion | $2.63 Billion | $2.29 Billion | ▼ -27.1 pp |
| 2023 | 53.3% | $757.90 Million | $1.42 Billion | $2.69 Billion | $1.93 Billion | ▲ +13.5 pp |
| 2022 | 39.9% | $439.00 Million | $1.10 Billion | $2.77 Billion | $2.33 Billion | ▲ +13.0 pp |
| 2021 | 26.8% | $328.90 Million | $1.23 Billion | $2.56 Billion | $2.23 Billion | ▼ -1.0 pp |
| 2020 | 27.8% | $318.10 Million | $1.14 Billion | $2.21 Billion | $1.89 Billion | ▲ +18.9 pp |
| 2019 | 8.9% | $99.00 Million | $1.11 Billion | $1.63 Billion | $1.53 Billion | ▼ -24.3 pp |
| 2018 | 33.3% | $288.33 Million | $867.01 Million | $1.49 Billion | $1.20 Billion | ▲ +20.0 pp |
| 2017 | 13.2% | $123.19 Million | $931.66 Million | $1.25 Billion | $1.13 Billion | ▼ -13.4 pp |
| 2016 | 26.7% | $231.24 Million | $867.04 Million | $1.19 Billion | $959.75 Million | ▼ -6.6 pp |
| 2015 | 33.2% | $326.14 Million | $981.48 Million | $1.15 Billion | $826.78 Million | ▲ +4.7 pp |
| 2014 | 28.5% | $245.75 Million | $861.27 Million | $1.10 Billion | $850.81 Million | ▲ +6.6 pp |
| 2013 | 22.0% | $117.63 Million | $535.61 Million | $865.70 Million | $748.07 Million | ▼ -34.1 pp |
| 2012 | 56.0% | $386.81 Million | $690.53 Million | $1.02 Billion | $631.03 Million | ▼ -1.7 pp |
| 2011 | 57.7% | $288.70 Million | $500.06 Million | $875.04 Million | $586.33 Million | ▼ -2.6 pp |
| 2010 | 60.4% | $223.94 Million | $370.99 Million | $808.14 Million | $584.21 Million | ▼ -12.2 pp |
| 2009 | 72.6% | $148.43 Million | $204.54 Million | $491.50 Million | $343.07 Million | ▲ +44.3 pp |
| 2008 | 28.3% | $38.78 Million | $137.03 Million | $443.61 Million | $404.83 Million | ▼ -6.0 pp |
| 2007 | 34.3% | $59.31 Million | $172.98 Million | $447.56 Million | $388.25 Million | ▲ +15.4 pp |
| 2006 | 18.8% | $31.54 Million | $167.37 Million | $392.96 Million | $361.42 Million | ▲ +19.3 pp |
| 2005 | -0.4% | $-1.63 Million | $377.02 Million | $373.99 Million | $375.61 Million | ▼ -17.1 pp |
| 2004 | 16.7% | $60.46 Million | $361.73 Million | $465.65 Million | $405.19 Million | ▼ -1.2 pp |
| 2003 | 17.9% | $57.24 Million | $319.38 Million | $387.72 Million | $330.48 Million | ▲ +7.0 pp |
| 2002 | 10.9% | $30.15 Million | $277.11 Million | $343.66 Million | $313.51 Million | ▲ +12.1 pp |
| 2001 | -1.3% | $-3.02 Million | $238.78 Million | $305.32 Million | $308.34 Million | ▼ -2.5 pp |
| 2000 | 1.2% | $2.53 Million | $204.73 Million | $240.91 Million | $238.38 Million | ▲ +12.6 pp |
| 1999 | -11.4% | $-19.10 Million | $168.20 Million | $214.70 Million | $233.80 Million | ▲ +2.5 pp |
| 1998 | -13.8% | $-21.20 Million | $153.20 Million | $183.80 Million | $205.00 Million | ▼ -29.4 pp |
| 1997 | 15.6% | $26.40 Million | $169.20 Million | $217.50 Million | $191.10 Million | ▼ -5.0 pp |
| 1996 | 20.6% | $32.00 Million | $155.30 Million | $193.40 Million | $161.40 Million | ▲ +37.6 pp |
| 1995 | -17.0% | $-20.10 Million | $118.50 Million | $175.80 Million | $195.90 Million | ▼ -43.5 pp |
| 1994 | 26.5% | $45.00 Million | $169.70 Million | $206.50 Million | $161.50 Million | ▲ +12.5 pp |
| 1993 | 14.1% | $11.60 Million | $82.50 Million | $109.70 Million | $98.10 Million | ▲ +6.5 pp |
| 1992 | 7.6% | $5.90 Million | $77.60 Million | $75.00 Million | $69.10 Million | ▼ -0.4 pp |
| 1991 | 8.0% | $6.60 Million | $82.90 Million | $59.20 Million | $52.60 Million | ▼ -14.1 pp |
| 1990 | 22.0% | $20.30 Million | $92.10 Million | $66.90 Million | $46.60 Million | ▲ +0.4 pp |
| 1989 | 21.7% | $21.40 Million | $98.80 Million | $60.30 Million | $38.90 Million | ▲ +5.5 pp |
| 1988 | 16.1% | $15.70 Million | $97.40 Million | $36.40 Million | $20.70 Million | ▲ +8.2 pp |
| 1987 | 7.9% | $7.80 Million | $98.60 Million | $25.40 Million | $17.60 Million | — |