Planet Labs PBC (PL) — Working Capital to Net Assets Ratio
Planet Labs PBC (PL) has a Working Capital to Net Assets ratio of 123.2% as of April 2026. Working capital of $546.43 Million (current assets of $848.98 Million minus current liabilities of $302.55 Million) is measured against net assets of $443.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Planet Labs PBC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Planet Labs PBC Working Capital to Net Assets (2020–2026)
This chart shows how Planet Labs PBC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 123.2%, reflecting working capital of $546.43 Million against net assets of $443.70 Million USD. For the complete balance sheet picture, see PL asset base.
Annual Working Capital to Net Assets for Planet Labs PBC (2020–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Planet Labs PBC from 2020 to 2026, covering 7 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 financial resilience of Planet Labs PBC to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 162.3% | $305.91 Million | $188.43 Million | $775.36 Million | $469.45 Million | ▲ +126.1 pp |
| 2025 | 36.3% | $160.15 Million | $441.29 Million | $302.23 Million | $142.08 Million | ▼ -8.8 pp |
| 2024 | 45.1% | $233.50 Million | $518.02 Million | $370.15 Million | $136.65 Million | ▼ -16.3 pp |
| 2023 | 61.3% | $353.40 Million | $576.10 Million | $475.65 Million | $122.26 Million | ▼ -3.4 pp |
| 2022 | 64.7% | $419.48 Million | $648.25 Million | $551.52 Million | $132.04 Million | ▲ +49.3 pp |
| 2021 | 15.5% | $16.61 Million | $107.51 Million | $125.43 Million | $108.81 Million | ▲ +20.5 pp |
| 2020 | -5.0% | $-10.89 Million | $217.64 Million | $60.32 Million | $71.21 Million | — |