Stem Inc (STEM) — Working Capital to Net Assets Ratio
Stem Inc (STEM) has a Working Capital to Net Assets ratio of 6.0% as of March 2026. Working capital of $-15.97 Million (current assets of $85.30 Million minus current liabilities of $101.27 Million) is measured against net assets of $-265.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Stem Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Stem Inc Working Capital to Net Assets (2018–2025)
This chart shows how Stem Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 6.0%, reflecting working capital of $-15.97 Million against net assets of $-265.88 Million USD. For the complete balance sheet picture, see Stem Inc total assets.
Annual Working Capital to Net Assets for Stem Inc (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Stem Inc from 2018 to 2025, covering 8 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 STEM financial resilience 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 | 4.2% | $-10.47 Million | $-249.06 Million | $100.09 Million | $110.56 Million | ▲ +6.2 pp |
| 2024 | -2.0% | $7.82 Million | $-397.83 Million | $136.62 Million | $128.80 Million | ▼ -54.0 pp |
| 2023 | 52.0% | $221.88 Million | $426.68 Million | $472.96 Million | $251.08 Million | ▲ +3.9 pp |
| 2022 | 48.1% | $265.76 Million | $552.17 Million | $532.75 Million | $267.00 Million | ▼ -92.0 pp |
| 2021 | 140.1% | $935.88 Million | $667.83 Million | $1.02 Billion | $87.97 Million | ▲ +60.5 pp |
| 2020 | 79.6% | $-141.24 Million | $-177.41 Million | $49.28 Million | $190.51 Million | ▼ -357.3 pp |
| 2019 | 436.9% | $-80.55 Million | $-18.44 Million | $28.80 Million | $109.35 Million | ▲ +2247.6 pp |
| 2018 | -1810.8% | $-305.22K | $16.86K | $159.67K | $464.89K | — |