Toyota Motor Corporation ADR (TM) — Working Capital to Net Assets Ratio
Toyota Motor Corporation ADR (TM) has a Working Capital to Net Assets ratio of 21.2% as of December 2025. Working capital of $8.48 Trillion (current assets of $41.06 Trillion minus current liabilities of $32.58 Trillion) is measured against net assets of $40.02 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TM 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
Toyota Motor Corporation ADR Working Capital to Net Assets (1989–2025)
This chart shows how Toyota Motor Corporation ADR's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 21.2%, reflecting working capital of $8.48 Trillion against net assets of $40.02 Trillion USD. See Toyota Motor Corporation ADR (TM) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Toyota Motor Corporation ADR (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toyota Motor Corporation ADR from 1989 to 2025, covering 37 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 Toyota Motor Corporation ADR (TM) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 20.7% | $7.64 Trillion | $36.88 Trillion | $37.08 Trillion | $29.43 Trillion | ▲ +5.0 pp |
| 2024 | 15.7% | $5.54 Trillion | $35.24 Trillion | $34.71 Trillion | $29.18 Trillion | ▲ +7.2 pp |
| 2023 | 8.5% | $2.50 Trillion | $29.26 Trillion | $26.46 Trillion | $23.96 Trillion | ▲ +1.6 pp |
| 2022 | 6.9% | $1.88 Trillion | $27.15 Trillion | $23.72 Trillion | $21.84 Trillion | ▲ +0.0 pp |
| 2021 | 6.9% | $1.88 Trillion | $27.15 Trillion | $23.72 Trillion | $21.84 Trillion | ▲ +3.4 pp |
| 2020 | 3.6% | $740.15 Billion | $20.74 Trillion | $18.64 Trillion | $17.90 Trillion | ▲ +0.3 pp |
| 2019 | 3.3% | $652.30 Billion | $20.07 Trillion | $18.88 Trillion | $18.23 Trillion | ▲ +1.4 pp |
| 2018 | 1.8% | $355.76 Billion | $19.43 Trillion | $18.15 Trillion | $17.80 Trillion | ▼ -1.0 pp |
| 2017 | 2.8% | $514.73 Billion | $18.18 Trillion | $17.83 Trillion | $17.32 Trillion | ▼ -9.0 pp |
| 2016 | 11.8% | $2.09 Trillion | $17.61 Trillion | $18.21 Trillion | $16.12 Trillion | ▲ +3.3 pp |
| 2015 | 8.5% | $1.50 Trillion | $17.65 Trillion | $17.94 Trillion | $16.43 Trillion | ▲ +1.7 pp |
| 2014 | 6.8% | $1.04 Trillion | $15.22 Trillion | $15.72 Trillion | $14.68 Trillion | ▼ 0.0 pp |
| 2013 | 6.8% | $872.37 Billion | $12.77 Trillion | $13.78 Trillion | $12.91 Trillion | ▲ +2.0 pp |
| 2012 | 4.9% | $539.62 Billion | $11.07 Trillion | $12.32 Trillion | $11.78 Trillion | ▼ -4.6 pp |
| 2011 | 9.5% | $1.04 Trillion | $10.92 Trillion | $11.83 Trillion | $10.79 Trillion | ▼ -12.3 pp |
| 2010 | 21.8% | $2.39 Trillion | $10.93 Trillion | $13.07 Trillion | $10.69 Trillion | ▲ +15.1 pp |
| 2009 | 6.7% | $709.64 Billion | $10.60 Trillion | $11.30 Trillion | $10.59 Trillion | ▲ +5.5 pp |
| 2008 | 1.2% | $144.78 Billion | $12.47 Trillion | $12.03 Trillion | $11.88 Trillion | ▲ +1.0 pp |
| 2007 | 0.1% | $16.85 Billion | $12.44 Trillion | $11.76 Trillion | $11.74 Trillion | ▼ -6.2 pp |
| 2006 | 6.3% | $707.86 Billion | $11.17 Trillion | $10.76 Trillion | $10.05 Trillion | ▼ -6.4 pp |
| 2005 | 12.7% | $1.21 Trillion | $9.54 Trillion | $9.43 Trillion | $8.22 Trillion | ▼ -1.8 pp |
| 2004 | 14.5% | $1.23 Trillion | $8.51 Trillion | $8.73 Trillion | $7.49 Trillion | ▼ -6.6 pp |
| 2003 | 21.1% | $1.54 Trillion | $7.30 Trillion | $8.46 Trillion | $6.92 Trillion | ▲ +2.6 pp |
| 2002 | 18.5% | $1.40 Trillion | $7.54 Trillion | $8.05 Trillion | $6.66 Trillion | ▲ +0.5 pp |
| 2001 | 18.1% | $1.34 Trillion | $7.39 Trillion | $6.99 Trillion | $5.65 Trillion | ▲ +2.2 pp |
| 2000 | 15.9% | $1.09 Trillion | $6.88 Trillion | $6.09 Trillion | $5.00 Trillion | ▲ +7.4 pp |
| 1999 | 8.4% | $569.61 Billion | $6.76 Trillion | $5.63 Trillion | $5.06 Trillion | ▼ -22.3 pp |
| 1998 | 30.7% | $1.89 Trillion | $6.16 Trillion | $6.43 Trillion | $4.53 Trillion | ▲ +10.6 pp |
| 1997 | 20.2% | $1.16 Trillion | $5.74 Trillion | $5.83 Trillion | $4.67 Trillion | ▼ -4.7 pp |
| 1996 | 24.9% | $1.35 Trillion | $5.44 Trillion | $5.05 Trillion | $3.70 Trillion | ▼ -13.4 pp |
| 1995 | 38.2% | $1.98 Trillion | $5.18 Trillion | $5.12 Trillion | $3.14 Trillion | ▼ -0.4 pp |
| 1994 | 38.6% | $1.87 Trillion | $4.85 Trillion | $4.69 Trillion | $2.82 Trillion | ▼ -7.8 pp |
| 1993 | 46.4% | $2.20 Trillion | $4.74 Trillion | $5.18 Trillion | $2.98 Trillion | ▼ -2.0 pp |
| 1992 | 48.4% | $2.23 Trillion | $4.60 Trillion | $4.86 Trillion | $2.63 Trillion | ▼ -9.9 pp |
| 1991 | 58.2% | $2.48 Trillion | $4.26 Trillion | $5.17 Trillion | $2.69 Trillion | ▼ 0.0 pp |
| 1990 | 58.2% | $2.48 Trillion | $4.26 Trillion | $5.17 Trillion | $2.69 Trillion | ▼ -6.1 pp |
| 1989 | 64.3% | $2.39 Trillion | $3.72 Trillion | $4.35 Trillion | $1.96 Trillion | — |