Target Corporation Working Capital to Net Assets Ratio
Target Corporation working capital to net assets ratio. Target Corporation (TGT) has a Working Capital to Net Assets ratio of -3.5% as of October 2025. Working capital of $-540.00 Million (current assets of $20.70 Billion minus current liabilities of $21.24 Billion) is measured against net assets of $15.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Target Corporation (1986–2025)
Working capital to net assets ratio of Target Corporation from 1986 to 2025. This chart shows how Target Corporation's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of October 2025, the ratio stands at -3.5%, reflecting working capital of $-540.00 Million against net assets of $15.50 Billion USD. Explore TGT strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Target Corporation Working Capital to Net Assets Ratio by Year (1986–2025)
Target Corporation working capital to net assets ratio by year from 1986 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Target Corporation from 1986 to 2025, covering 40 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 the complete balance sheet picture, see Target Corporation asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.2% | $-1.34 Billion | $14.67 Billion | $19.45 Billion | $20.80 Billion | ▲ +4.3 pp |
| 2024 | -13.4% | $-1.81 Billion | $13.43 Billion | $17.50 Billion | $19.30 Billion | ▲ +1.3 pp |
| 2023 | -14.7% | $-1.65 Billion | $11.23 Billion | $17.85 Billion | $19.50 Billion | ▼ -13.4 pp |
| 2022 | -1.4% | $-174.00 Million | $12.83 Billion | $21.57 Billion | $21.75 Billion | ▼ -5.7 pp |
| 2021 | 4.4% | $631.00 Million | $14.44 Billion | $20.76 Billion | $20.12 Billion | ▲ +17.8 pp |
| 2020 | -13.4% | $-1.58 Billion | $11.83 Billion | $12.90 Billion | $14.49 Billion | ▲ +8.7 pp |
| 2019 | -22.1% | $-2.50 Billion | $11.30 Billion | $12.52 Billion | $15.01 Billion | ▼ -17.7 pp |
| 2018 | -4.4% | $-512.00 Million | $11.65 Billion | $12.54 Billion | $13.05 Billion | ▲ +2.2 pp |
| 2017 | -6.6% | $-718.00 Million | $10.95 Billion | $11.99 Billion | $12.71 Billion | ▼ -18.2 pp |
| 2016 | 11.6% | $1.51 Billion | $12.96 Billion | $14.13 Billion | $12.62 Billion | ▼ -1.9 pp |
| 2015 | 13.5% | $1.89 Billion | $14.00 Billion | $13.62 Billion | $11.74 Billion | ▲ +20.9 pp |
| 2014 | -7.4% | $-1.20 Billion | $16.23 Billion | $11.57 Billion | $12.78 Billion | ▼ -21.7 pp |
| 2013 | 14.2% | $2.36 Billion | $16.56 Billion | $16.39 Billion | $14.03 Billion | ▲ +0.6 pp |
| 2012 | 13.7% | $2.16 Billion | $15.82 Billion | $16.45 Billion | $14.29 Billion | ▼ -32.5 pp |
| 2011 | 46.1% | $7.14 Billion | $15.49 Billion | $17.21 Billion | $10.07 Billion | ▼ -0.1 pp |
| 2010 | 46.2% | $7.10 Billion | $15.35 Billion | $18.42 Billion | $11.33 Billion | ▼ -4.6 pp |
| 2009 | 50.9% | $6.98 Billion | $13.71 Billion | $17.49 Billion | $10.51 Billion | ▲ +4.3 pp |
| 2008 | 46.5% | $7.12 Billion | $15.31 Billion | $18.91 Billion | $11.78 Billion | ▲ +23.6 pp |
| 2007 | 23.0% | $3.59 Billion | $15.63 Billion | $14.71 Billion | $11.12 Billion | ▼ -11.0 pp |
| 2006 | 33.9% | $4.82 Billion | $14.21 Billion | $14.40 Billion | $9.59 Billion | ▼ -9.9 pp |
| 2005 | 43.8% | $5.70 Billion | $13.03 Billion | $13.92 Billion | $8.22 Billion | ▲ +2.1 pp |
| 2004 | 41.7% | $4.61 Billion | $11.06 Billion | $12.93 Billion | $8.31 Billion | ▼ -5.0 pp |
| 2003 | 46.7% | $4.41 Billion | $9.44 Billion | $11.94 Billion | $7.52 Billion | ▲ +13.7 pp |
| 2002 | 33.0% | $2.59 Billion | $7.86 Billion | $9.65 Billion | $7.05 Billion | ▲ +17.6 pp |
| 2001 | 15.4% | $1.00 Billion | $6.52 Billion | $7.30 Billion | $6.30 Billion | ▲ +4.6 pp |
| 2000 | 10.8% | $633.00 Million | $5.86 Billion | $6.48 Billion | $5.85 Billion | ▼ -7.0 pp |
| 1999 | 17.8% | $948.00 Million | $5.33 Billion | $6.00 Billion | $5.06 Billion | ▼ -4.6 pp |
| 1998 | 22.4% | $1.00 Billion | $4.49 Billion | $5.56 Billion | $4.56 Billion | ▼ -12.2 pp |
| 1997 | 34.6% | $1.33 Billion | $3.84 Billion | $5.44 Billion | $4.11 Billion | ▼ -6.7 pp |
| 1996 | 41.3% | $1.43 Billion | $3.46 Billion | $4.96 Billion | $3.52 Billion | ▼ -7.1 pp |
| 1995 | 48.5% | $1.57 Billion | $3.24 Billion | $4.96 Billion | $3.39 Billion | ▼ -1.3 pp |
| 1994 | 49.7% | $1.44 Billion | $2.89 Billion | $4.51 Billion | $3.08 Billion | ▼ -6.2 pp |
| 1993 | 55.9% | $1.45 Billion | $2.59 Billion | $4.41 Billion | $2.96 Billion | ▼ -7.3 pp |
| 1992 | 63.2% | $1.45 Billion | $2.30 Billion | $4.03 Billion | $2.58 Billion | ▲ +3.6 pp |
| 1991 | 59.6% | $1.24 Billion | $2.07 Billion | $3.66 Billion | $2.42 Billion | ▲ +7.6 pp |
| 1990 | 52.0% | $912.00 Million | $1.75 Billion | $3.11 Billion | $2.19 Billion | ▼ -0.6 pp |
| 1989 | 52.6% | $978.00 Million | $1.86 Billion | $2.98 Billion | $2.00 Billion | ▲ +6.1 pp |
| 1988 | 46.5% | $922.50 Million | $1.99 Billion | $2.91 Billion | $1.99 Billion | ▼ -8.3 pp |
| 1987 | 54.7% | $1.19 Billion | $2.18 Billion | $2.62 Billion | $1.42 Billion | ▼ -3.3 pp |
| 1986 | 58.0% | $1.13 Billion | $1.95 Billion | $2.55 Billion | $1.42 Billion | — |