Piper Sandler Companies Working Capital to Net Assets Ratio

Latest as of June 2026: 36.2%

Piper Sandler Companies working capital to net assets ratio. Piper Sandler Companies (PIPR) has a Working Capital to Net Assets ratio of 36.2% as of June 2026. Working capital of $567.68 Million (current assets of $1.09 Billion minus current liabilities of $518.88 Million) is measured against net assets of $1.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Piper Sandler Companies tangible equity quality to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

36.2%
Working Capital / Net Assets

Working Capital

$567.68 Million
USD

Current Assets

$1.09 Billion
USD

Current Liabilities

$518.88 Million
USD

Working Capital to Net Assets Ratio of Piper Sandler Companies (2001–2025)

Working capital to net assets ratio of Piper Sandler Companies from 2001 to 2025. This chart shows how Piper Sandler Companies's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 36.2%, reflecting working capital of $567.68 Million against net assets of $1.57 Billion USD. See Piper Sandler Companies liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Piper Sandler Companies Working Capital to Net Assets Ratio by Year (2001–2025)

Piper Sandler Companies working capital to net assets ratio by year from 2001 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Piper Sandler Companies from 2001 to 2025, covering 25 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 Piper Sandler Companies balance sheet assets.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 55.9% $884.28 Million $1.58 Billion $924.94 Million $40.66 Million ▼ -0.5 pp
2024 56.4% $797.80 Million $1.42 Billion $834.01 Million $36.22 Million ▲ +37.3 pp
2023 19.1% $247.76 Million $1.30 Billion $383.10 Million $135.33 Million ▼ -34.7 pp
2022 53.8% $674.59 Million $1.25 Billion $734.90 Million $60.31 Million ▼ -40.6 pp
2021 94.4% $1.16 Billion $1.23 Billion $1.30 Billion $137.72 Million ▲ +11.8 pp
2020 82.5% $764.26 Million $926.08 Million $782.85 Million $18.59 Million ▲ +19.2 pp
2019 63.3% $510.53 Million $806.53 Million $568.02 Million $57.49 Million ▲ +141.0 pp
2018 -77.7% $-567.51 Million $730.42 Million $50.36 Million $617.87 Million ▲ +41.4 pp
2017 -119.1% $-882.62 Million $741.24 Million $33.79 Million $916.41 Million ▼ -29.5 pp
2016 -89.6% $-731.06 Million $816.27 Million $41.36 Million $772.42 Million ▼ -24.3 pp
2015 -65.3% $-543.76 Million $832.82 Million $189.91 Million $733.67 Million ▲ +67.3 pp
2014 -132.6% $-1.29 Billion $969.46 Million $15.87 Million $1.30 Billion ▼ -52.3 pp
2013 -80.3% $-708.07 Million $882.07 Million $235.73 Million $943.80 Million ▲ +72.1 pp
2012 -152.4% $-1.20 Billion $790.17 Million $150.25 Million $1.35 Billion ▼ -59.8 pp
2011 -92.6% $-694.99 Million $750.60 Million $127.31 Million $822.30 Million ▼ -158.3 pp
2010 65.7% $534.64 Million $813.31 Million $1.63 Billion $1.10 Billion ▼ -9.4 pp
2009 75.2% $585.34 Million $778.62 Million $1.51 Billion $924.70 Million ▼ -1.4 pp
2008 76.6% $572.85 Million $747.96 Million $1.15 Billion $572.20 Million ▲ +12.7 pp
2007 63.9% $583.40 Million $912.56 Million $1.39 Billion $810.60 Million ▲ +164.4 pp
2006 -100.5% $-928.98 Million $924.44 Million $-1.58 Million $927.40 Million ▼ -35.9 pp
2005 -64.6% $-487.50 Million $754.83 Million $931.90 Million $1.42 Billion ▲ +43.3 pp
2004 -107.9% $-782.82 Million $725.43 Million $1.14 Billion $1.92 Billion ▼ -22.3 pp
2003 -85.6% $-573.39 Million $669.79 Million $957.51 Million $1.53 Billion ▼ -24.1 pp
2002 -61.5% $-374.94 Million $609.86 Million $851.06 Million $1.23 Billion ▲ +430.7 pp
2001 -492.2% $-1.86 Billion $378.72 Million $27.70 Million $1.89 Billion —
pp = percentage points