Piper Sandler Companies (PIPR) — Working Capital to Net Assets Ratio
Piper Sandler Companies (PIPR) has a Working Capital to Net Assets ratio of 41.7% as of September 2025. Working capital of $609.80 Million (current assets of $711.57 Million minus current liabilities of $101.76 Million) is measured against net assets of $1.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Piper Sandler Companies to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Piper Sandler Companies Working Capital to Net Assets (2001–2024)
This chart shows how Piper Sandler Companies's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 41.7%, reflecting working capital of $609.80 Million against net assets of $1.46 Billion USD. Check Piper Sandler Companies (PIPR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Piper Sandler Companies (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Piper Sandler Companies from 2001 to 2024, covering 24 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 how much is Piper Sandler Companies worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |