Thor Industries Inc (THO) — Working Capital to Net Assets Ratio
Thor Industries Inc (THO) has a Working Capital to Net Assets ratio of 20.9% as of October 2025. Working capital of $1.21 Billion (current assets of $2.72 Billion minus current liabilities of $1.51 Billion) is measured against net assets of $5.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thor Industries Inc (THO) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thor Industries Inc Working Capital to Net Assets (1986–2025)
This chart shows how Thor Industries Inc'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 20.9%, reflecting working capital of $1.21 Billion against net assets of $5.80 Billion USD. Check THO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thor Industries Inc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thor Industries Inc 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 live market cap and the full company profile, see THO company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.8% | $1.19 Billion | $4.29 Billion | $2.78 Billion | $1.58 Billion | ▲ +1.2 pp |
| 2024 | 26.6% | $1.08 Billion | $4.07 Billion | $2.65 Billion | $1.57 Billion | ▼ -0.5 pp |
| 2023 | 27.0% | $1.08 Billion | $3.98 Billion | $2.79 Billion | $1.72 Billion | ▼ -9.2 pp |
| 2022 | 36.3% | $1.31 Billion | $3.60 Billion | $3.06 Billion | $1.76 Billion | ▲ +2.1 pp |
| 2021 | 34.2% | $1.01 Billion | $2.95 Billion | $2.80 Billion | $1.79 Billion | ▲ +9.2 pp |
| 2020 | 25.0% | $587.00 Million | $2.35 Billion | $2.10 Billion | $1.52 Billion | ▼ -3.1 pp |
| 2019 | 28.1% | $589.03 Million | $2.10 Billion | $2.04 Billion | $1.45 Billion | ▲ +0.1 pp |
| 2018 | 28.0% | $542.34 Million | $1.94 Billion | $1.31 Billion | $769.33 Million | ▲ +2.7 pp |
| 2017 | 25.3% | $399.12 Million | $1.58 Billion | $1.18 Billion | $781.05 Million | ▼ -3.5 pp |
| 2016 | 28.9% | $365.21 Million | $1.27 Billion | $1.02 Billion | $651.65 Million | ▼ -8.5 pp |
| 2015 | 37.3% | $397.51 Million | $1.07 Billion | $775.84 Million | $378.33 Million | ▼ -11.1 pp |
| 2014 | 48.4% | $473.33 Million | $977.70 Million | $844.05 Million | $370.71 Million | ▼ -4.1 pp |
| 2013 | 52.5% | $469.03 Million | $892.61 Million | $830.70 Million | $361.67 Million | ▲ +8.6 pp |
| 2012 | 43.9% | $373.80 Million | $850.83 Million | $684.89 Million | $311.09 Million | ▲ +2.7 pp |
| 2011 | 41.3% | $345.17 Million | $836.27 Million | $623.77 Million | $278.60 Million | ▼ -11.2 pp |
| 2010 | 52.5% | $345.01 Million | $657.28 Million | $601.77 Million | $256.76 Million | ▼ -7.0 pp |
| 2009 | 59.5% | $419.54 Million | $705.03 Million | $604.02 Million | $184.47 Million | ▲ +19.6 pp |
| 2008 | 39.9% | $279.50 Million | $699.70 Million | $527.92 Million | $248.42 Million | ▼ -15.9 pp |
| 2007 | 55.9% | $428.33 Million | $766.33 Million | $705.53 Million | $277.20 Million | ▲ +3.4 pp |
| 2006 | 52.4% | $374.01 Million | $713.10 Million | $659.83 Million | $285.83 Million | ▲ +6.4 pp |
| 2005 | 46.1% | $275.23 Million | $597.39 Million | $524.04 Million | $248.81 Million | ▼ -4.0 pp |
| 2004 | 50.1% | $256.20 Million | $511.60 Million | $497.97 Million | $241.77 Million | ▲ +4.1 pp |
| 2003 | 46.0% | $190.69 Million | $414.82 Million | $378.63 Million | $187.94 Million | ▲ +5.8 pp |
| 2002 | 40.1% | $134.32 Million | $334.62 Million | $291.24 Million | $156.92 Million | ▼ -28.4 pp |
| 2001 | 68.5% | $150.70 Million | $219.95 Million | $237.97 Million | $87.27 Million | ▼ -2.6 pp |
| 2000 | 71.2% | $138.91 Million | $195.20 Million | $225.29 Million | $86.38 Million | ▼ -3.3 pp |
| 1999 | 74.4% | $123.10 Million | $165.40 Million | $202.10 Million | $79.00 Million | ▲ +2.7 pp |
| 1998 | 71.7% | $99.10 Million | $138.20 Million | $173.70 Million | $74.60 Million | ▲ +4.9 pp |
| 1997 | 66.8% | $81.80 Million | $122.40 Million | $132.90 Million | $51.10 Million | ▲ +4.0 pp |
| 1996 | 62.8% | $74.90 Million | $119.20 Million | $130.00 Million | $55.10 Million | ▲ +2.5 pp |
| 1995 | 60.3% | $65.10 Million | $107.90 Million | $104.50 Million | $39.40 Million | ▲ +1.4 pp |
| 1994 | 58.9% | $56.50 Million | $95.90 Million | $102.00 Million | $45.50 Million | ▲ +7.1 pp |
| 1993 | 51.9% | $41.90 Million | $80.80 Million | $82.90 Million | $41.00 Million | ▲ +10.8 pp |
| 1992 | 41.1% | $29.20 Million | $71.10 Million | $81.60 Million | $52.40 Million | ▼ -5.7 pp |
| 1991 | 46.8% | $19.10 Million | $40.80 Million | $51.40 Million | $32.30 Million | ▼ -23.6 pp |
| 1990 | 70.4% | $28.80 Million | $40.90 Million | $44.10 Million | $15.30 Million | ▲ +1.0 pp |
| 1989 | 69.4% | $28.10 Million | $40.50 Million | $46.00 Million | $17.90 Million | ▼ -13.0 pp |
| 1988 | 82.4% | $30.90 Million | $37.50 Million | $50.60 Million | $19.70 Million | ▲ +2.2 pp |
| 1987 | 80.2% | $25.90 Million | $32.30 Million | $48.30 Million | $22.40 Million | ▲ +6.9 pp |
| 1986 | 73.3% | $17.80 Million | $24.30 Million | $34.60 Million | $16.80 Million | — |