Toast Inc (TOST) — Working Capital to Net Assets Ratio
Toast Inc (TOST) has a Working Capital to Net Assets ratio of 76.8% as of March 2026. Working capital of $1.53 Billion (current assets of $2.59 Billion minus current liabilities of $1.06 Billion) is measured against net assets of $1.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Toast Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toast Inc Working Capital to Net Assets (2019–2025)
This chart shows how Toast Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 76.8%, reflecting working capital of $1.53 Billion against net assets of $1.99 Billion USD. Check how tangible is Toast Inc's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Toast Inc (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toast Inc from 2019 to 2025, covering 7 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 TOST stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 80.0% | $1.70 Billion | $2.12 Billion | $2.67 Billion | $969.00 Million | ▲ +9.5 pp |
| 2024 | 70.6% | $1.09 Billion | $1.54 Billion | $1.90 Billion | $811.00 Million | ▼ -0.4 pp |
| 2023 | 70.9% | $847.00 Million | $1.19 Billion | $1.51 Billion | $663.00 Million | ▼ -8.0 pp |
| 2022 | 79.0% | $867.00 Million | $1.10 Billion | $1.36 Billion | $496.00 Million | ▼ -22.1 pp |
| 2021 | 101.1% | $1.10 Billion | $1.09 Billion | $1.46 Billion | $352.00 Million | ▲ +211.5 pp |
| 2020 | -110.4% | $519.86 Million | $-470.98 Million | $656.27 Million | $136.41 Million | ▼ -83.5 pp |
| 2019 | -26.9% | $88.77 Million | $-330.43 Million | $228.47 Million | $139.70 Million | — |