Tidewater Inc (TDW) — Working Capital to Net Assets Ratio
Tidewater Inc (TDW) has a Working Capital to Net Assets ratio of 46.0% as of September 2025. Working capital of $523.87 Million (current assets of $800.33 Million minus current liabilities of $276.46 Million) is measured against net assets of $1.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TDW financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tidewater Inc Working Capital to Net Assets (1993–2024)
This chart shows how Tidewater Inc's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 46.0%, reflecting working capital of $523.87 Million against net assets of $1.14 Billion USD. See Tidewater Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tidewater Inc (1993–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tidewater Inc from 1993 to 2024, covering 32 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 Tidewater Inc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 33.0% | $367.05 Million | $1.11 Billion | $698.66 Million | $331.61 Million | ▲ +7.7 pp |
| 2023 | 25.3% | $262.40 Million | $1.04 Billion | $591.13 Million | $328.73 Million | ▲ +4.1 pp |
| 2022 | 21.1% | $183.12 Million | $865.99 Million | $377.91 Million | $194.79 Million | ▼ -5.2 pp |
| 2021 | 26.3% | $184.73 Million | $701.77 Million | $342.67 Million | $157.94 Million | ▲ +1.4 pp |
| 2020 | 25.0% | $205.47 Million | $823.27 Million | $388.65 Million | $183.18 Million | ▼ -9.6 pp |
| 2019 | 34.6% | $351.62 Million | $1.02 Billion | $537.30 Million | $185.68 Million | ▼ -11.3 pp |
| 2018 | 45.8% | $524.95 Million | $1.14 Billion | $683.30 Million | $158.35 Million | ▼ -15.3 pp |
| 2017 | 61.2% | $625.05 Million | $1.02 Billion | $845.18 Million | $220.13 Million | ▲ +133.1 pp |
| 2016 | -71.9% | $-1.19 Billion | $1.65 Billion | $1.14 Billion | $2.33 Billion | ▼ -22.9 pp |
| 2015 | -49.0% | $-1.13 Billion | $2.31 Billion | $1.32 Billion | $2.45 Billion | ▼ -64.6 pp |
| 2014 | 15.6% | $386.58 Million | $2.48 Billion | $868.82 Million | $482.23 Million | ▼ 0.0 pp |
| 2013 | 15.6% | $418.53 Million | $2.69 Billion | $820.21 Million | $401.68 Million | ▲ +6.2 pp |
| 2012 | 9.4% | $241.46 Million | $2.56 Billion | $508.09 Million | $266.63 Million | ▼ -8.6 pp |
| 2011 | 18.0% | $455.17 Million | $2.53 Billion | $694.10 Million | $238.93 Million | ▲ +2.3 pp |
| 2010 | 15.7% | $395.50 Million | $2.51 Billion | $579.10 Million | $183.60 Million | ▲ +0.3 pp |
| 2009 | 15.5% | $380.90 Million | $2.46 Billion | $585.60 Million | $204.70 Million | ▼ -3.7 pp |
| 2008 | 19.2% | $431.10 Million | $2.24 Billion | $634.50 Million | $203.40 Million | ▼ -3.2 pp |
| 2007 | 22.4% | $431.70 Million | $1.93 Billion | $630.60 Million | $198.90 Million | ▼ -8.6 pp |
| 2006 | 31.0% | $584.80 Million | $1.89 Billion | $731.50 Million | $146.70 Million | ▲ +6.1 pp |
| 2005 | 24.9% | $413.20 Million | $1.66 Billion | $529.00 Million | $115.80 Million | ▲ +15.5 pp |
| 2004 | 9.4% | $135.80 Million | $1.44 Billion | $228.00 Million | $92.20 Million | ▼ -1.8 pp |
| 2003 | 11.2% | $152.50 Million | $1.37 Billion | $224.60 Million | $72.10 Million | ▲ +0.7 pp |
| 2002 | 10.4% | $141.20 Million | $1.35 Billion | $213.50 Million | $72.30 Million | ▼ -1.4 pp |
| 2001 | 11.9% | $152.90 Million | $1.29 Billion | $226.60 Million | $73.70 Million | ▼ -5.5 pp |
| 2000 | 17.4% | $205.00 Million | $1.18 Billion | $288.60 Million | $83.60 Million | ▼ -12.1 pp |
| 1999 | 29.5% | $328.90 Million | $1.11 Billion | $403.70 Million | $74.80 Million | ▲ +10.9 pp |
| 1998 | 18.6% | $198.60 Million | $1.07 Billion | $280.90 Million | $82.30 Million | ▲ +7.1 pp |
| 1997 | 11.5% | $114.90 Million | $998.70 Million | $319.10 Million | $204.20 Million | ▼ -11.1 pp |
| 1996 | 22.6% | $174.00 Million | $769.70 Million | $268.70 Million | $94.70 Million | ▲ +5.9 pp |
| 1995 | 16.7% | $123.20 Million | $738.70 Million | $208.90 Million | $85.70 Million | ▼ -0.5 pp |
| 1994 | 17.2% | $99.70 Million | $580.20 Million | $201.20 Million | $101.50 Million | ▼ -10.8 pp |
| 1993 | 28.0% | $156.10 Million | $557.00 Million | $286.40 Million | $130.30 Million | — |