SmartRent Inc (SMRT) — Working Capital to Net Assets Ratio

Latest as of June 2026: 53.2%

SmartRent Inc (SMRT) has a Working Capital to Net Assets ratio of 53.2% as of June 2026. Working capital of $119.72 Million (current assets of $162.40 Million minus current liabilities of $42.68 Million) is measured against net assets of $225.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of SmartRent Inc to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

53.2%
Working Capital / Net Assets

Working Capital

$119.72 Million
USD

Current Assets

$162.40 Million
USD

Current Liabilities

$42.68 Million
USD

SmartRent Inc Working Capital to Net Assets (2017–2025)

This chart shows how SmartRent Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 53.2%, reflecting working capital of $119.72 Million against net assets of $225.14 Million USD. For the complete balance sheet picture, see SMRT asset base.

Annual Working Capital to Net Assets for SmartRent Inc (2017–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for SmartRent Inc from 2017 to 2025, covering 9 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 SmartRent Inc liquid asset 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 55.1% $127.86 Million $232.14 Million $187.88 Million $60.02 Million ▼ -9.4 pp
2024 64.5% $186.62 Million $289.44 Million $257.65 Million $71.03 Million ▼ -0.7 pp
2023 65.1% $223.03 Million $342.45 Million $340.34 Million $117.31 Million ▼ -2.3 pp
2022 67.4% $245.58 Million $364.20 Million $378.36 Million $132.78 Million ▼ -36.1 pp
2021 103.5% $465.44 Million $449.50 Million $536.01 Million $70.57 Million ▼ -61.7 pp
2020 165.2% $54.83 Million $33.18 Million $87.66 Million $32.83 Million ▼ -897.9 pp
2019 1063.1% $18.89 Million $1.78 Million $40.18 Million $21.29 Million ▲ +769.9 pp
2018 293.3% $125.96 Million $42.95 Million $293.26 Million $167.30 Million ▲ +95.2 pp
2017 198.0% $95.68 Million $48.32 Million $307.26 Million $211.58 Million
pp = percentage points