Tennant Company Working Capital to Net Assets Ratio
Tennant Company working capital to net assets ratio. Tennant Company (TNC) has a Working Capital to Net Assets ratio of 58.6% as of June 2026. Working capital of $313.60 Million (current assets of $613.80 Million minus current liabilities of $300.20 Million) is measured against net assets of $535.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Tennant Company to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tennant Company (1985–2025)
Working capital to net assets ratio of Tennant Company from 1985 to 2025. This chart shows how Tennant Company's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 58.6%, reflecting working capital of $313.60 Million against net assets of $535.20 Million USD. See TNC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Tennant Company Working Capital to Net Assets Ratio by Year (1985–2025)
Tennant Company working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tennant Company from 1985 to 2025, covering 41 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 TNC current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.8% | $306.60 Million | $603.40 Million | $599.70 Million | $293.10 Million | ▲ +5.1 pp |
| 2024 | 45.7% | $284.40 Million | $622.10 Million | $576.60 Million | $292.20 Million | ▼ -5.4 pp |
| 2023 | 51.1% | $295.40 Million | $578.30 Million | $569.10 Million | $273.70 Million | ▼ -15.4 pp |
| 2022 | 66.4% | $313.70 Million | $472.10 Million | $575.30 Million | $261.60 Million | ▲ +12.1 pp |
| 2021 | 54.4% | $236.50 Million | $435.10 Million | $526.80 Million | $290.30 Million | ▼ -4.6 pp |
| 2020 | 58.9% | $239.30 Million | $406.10 Million | $493.60 Million | $254.30 Million | ▲ +1.9 pp |
| 2019 | 57.0% | $206.10 Million | $361.30 Million | $481.00 Million | $274.90 Million | ▼ -12.4 pp |
| 2018 | 69.5% | $219.77 Million | $316.35 Million | $468.64 Million | $248.87 Million | ▲ +6.9 pp |
| 2017 | 62.5% | $186.61 Million | $298.47 Million | $423.12 Million | $236.51 Million | ▲ +3.3 pp |
| 2016 | 59.3% | $165.09 Million | $278.54 Million | $297.92 Million | $132.83 Million | ▼ -4.3 pp |
| 2015 | 63.6% | $160.43 Million | $252.21 Million | $293.64 Million | $133.22 Million | ▼ -8.2 pp |
| 2014 | 71.8% | $201.46 Million | $280.65 Million | $347.09 Million | $145.63 Million | ▲ +2.1 pp |
| 2013 | 69.7% | $183.77 Million | $263.85 Million | $315.30 Million | $131.53 Million | ▲ +5.1 pp |
| 2012 | 64.6% | $151.75 Million | $235.05 Million | $273.45 Million | $121.69 Million | ▼ -2.5 pp |
| 2011 | 67.1% | $148.10 Million | $220.85 Million | $272.10 Million | $123.99 Million | ▲ +5.9 pp |
| 2010 | 61.1% | $132.12 Million | $216.13 Million | $248.27 Million | $116.14 Million | ▲ +7.0 pp |
| 2009 | 54.1% | $99.76 Million | $184.28 Million | $215.91 Million | $116.15 Million | ▼ -14.1 pp |
| 2008 | 68.3% | $143.26 Million | $209.90 Million | $250.42 Million | $107.16 Million | ▲ +11.2 pp |
| 2007 | 57.1% | $144.05 Million | $252.43 Million | $240.72 Million | $96.67 Million | ▼ -4.2 pp |
| 2006 | 61.2% | $140.60 Million | $229.66 Million | $235.40 Million | $94.80 Million | ▼ -2.3 pp |
| 2005 | 63.5% | $122.64 Million | $193.10 Million | $211.60 Million | $88.97 Million | ▲ +2.2 pp |
| 2004 | 61.4% | $106.78 Million | $174.03 Million | $188.63 Million | $81.85 Million | ▼ -9.2 pp |
| 2003 | 70.6% | $116.86 Million | $165.62 Million | $176.37 Million | $59.51 Million | ▲ +10.5 pp |
| 2002 | 60.0% | $92.55 Million | $154.15 Million | $162.90 Million | $70.35 Million | ▼ -2.6 pp |
| 2001 | 62.7% | $96.74 Million | $154.33 Million | $152.39 Million | $55.65 Million | ▼ -4.7 pp |
| 2000 | 67.4% | $104.37 Million | $154.95 Million | $171.63 Million | $67.25 Million | ▲ +1.1 pp |
| 1999 | 66.3% | $90.10 Million | $135.90 Million | $165.10 Million | $75.00 Million | ▼ -2.3 pp |
| 1998 | 68.6% | $90.10 Million | $131.30 Million | $150.90 Million | $60.80 Million | ▲ +4.5 pp |
| 1997 | 64.1% | $86.00 Million | $134.10 Million | $143.10 Million | $57.10 Million | ▲ +4.5 pp |
| 1996 | 59.7% | $76.90 Million | $128.90 Million | $126.50 Million | $49.60 Million | ▲ +5.5 pp |
| 1995 | 54.2% | $61.80 Million | $114.10 Million | $123.50 Million | $61.70 Million | ▲ +20.2 pp |
| 1994 | 34.0% | $32.70 Million | $96.30 Million | $98.80 Million | $66.10 Million | ▼ -17.2 pp |
| 1993 | 51.1% | $43.00 Million | $84.10 Million | $73.80 Million | $30.80 Million | ▼ -1.2 pp |
| 1992 | 52.3% | $44.40 Million | $84.90 Million | $74.70 Million | $30.30 Million | ▲ +9.1 pp |
| 1991 | 43.2% | $33.10 Million | $76.60 Million | $66.00 Million | $32.90 Million | ▲ +6.7 pp |
| 1990 | 36.5% | $26.70 Million | $73.20 Million | $67.10 Million | $40.40 Million | ▼ -8.5 pp |
| 1989 | 44.9% | $33.30 Million | $74.10 Million | $70.30 Million | $37.00 Million | ▼ -13.4 pp |
| 1988 | 58.3% | $45.50 Million | $78.00 Million | $79.20 Million | $33.70 Million | ▲ +4.1 pp |
| 1987 | 54.2% | $37.70 Million | $69.50 Million | $68.70 Million | $31.00 Million | ▲ +0.9 pp |
| 1986 | 53.4% | $34.90 Million | $65.40 Million | $58.70 Million | $23.80 Million | ▲ +0.3 pp |
| 1985 | 53.1% | $31.80 Million | $59.90 Million | $56.30 Million | $24.50 Million | — |