United States Cellular Corporation (USM) — Working Capital to Net Assets Ratio
United States Cellular Corporation (USM) has a Working Capital to Net Assets ratio of 15.2% as of June 2025. Working capital of $701.00 Million (current assets of $1.51 Billion minus current liabilities of $808.00 Million) is measured against net assets of $4.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of United States Cellular Corporation to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United States Cellular Corporation Working Capital to Net Assets (1986–2024)
This chart shows how United States Cellular Corporation's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1986 to 2024. As of June 2025, the ratio stands at 15.2%, reflecting working capital of $701.00 Million against net assets of $4.61 Billion USD. Check USM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for United States Cellular Corporation (1986–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for United States Cellular Corporation from 1986 to 2024, covering 39 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 market value of United States Cellular Corporation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.0% | $461.00 Million | $4.61 Billion | $1.34 Billion | $884.00 Million | ▼ -0.7 pp |
| 2023 | 10.7% | $499.00 Million | $4.65 Billion | $1.40 Billion | $901.00 Million | ▼ -0.8 pp |
| 2022 | 11.5% | $528.00 Million | $4.58 Billion | $1.72 Billion | $1.20 Billion | ▼ -3.8 pp |
| 2021 | 15.3% | $702.00 Million | $4.57 Billion | $1.60 Billion | $903.00 Million | ▼ -24.1 pp |
| 2020 | 39.5% | $1.75 Billion | $4.44 Billion | $2.62 Billion | $871.00 Million | ▲ +20.0 pp |
| 2019 | 19.5% | $823.00 Million | $4.22 Billion | $1.57 Billion | $750.00 Million | ▼ -8.0 pp |
| 2018 | 27.5% | $1.12 Billion | $4.08 Billion | $1.81 Billion | $691.00 Million | ▲ +7.2 pp |
| 2017 | 20.3% | $750.00 Million | $3.69 Billion | $1.48 Billion | $733.00 Million | ▼ -2.7 pp |
| 2016 | 23.0% | $840.00 Million | $3.65 Billion | $1.56 Billion | $718.00 Million | ▼ -2.8 pp |
| 2015 | 25.9% | $923.70 Million | $3.57 Billion | $1.67 Billion | $747.94 Million | ▲ +13.1 pp |
| 2014 | 12.7% | $422.28 Million | $3.31 Billion | $1.28 Billion | $856.89 Million | ▲ +1.2 pp |
| 2013 | 11.6% | $395.02 Million | $3.41 Billion | $1.40 Billion | $1.01 Billion | ▼ 0.0 pp |
| 2012 | 11.6% | $441.48 Million | $3.80 Billion | $1.20 Billion | $755.00 Million | ▼ -3.9 pp |
| 2011 | 15.5% | $570.56 Million | $3.68 Billion | $1.29 Billion | $722.28 Million | ▲ +3.0 pp |
| 2010 | 12.6% | $443.63 Million | $3.53 Billion | $1.11 Billion | $666.00 Million | ▲ +2.1 pp |
| 2009 | 10.4% | $361.02 Million | $3.46 Billion | $1.01 Billion | $644.57 Million | ▲ +3.9 pp |
| 2008 | 6.5% | $213.16 Million | $3.26 Billion | $815.05 Million | $601.88 Million | ▼ -0.5 pp |
| 2007 | 7.1% | $229.51 Million | $3.24 Billion | $833.75 Million | $604.24 Million | ▲ +7.1 pp |
| 2006 | -0.1% | $-1.79 Million | $3.03 Billion | $854.92 Million | $856.71 Million | ▲ +3.9 pp |
| 2005 | -4.0% | $-110.61 Million | $2.80 Billion | $543.65 Million | $654.26 Million | ▼ -5.2 pp |
| 2004 | 1.2% | $32.09 Million | $2.63 Billion | $578.95 Million | $546.87 Million | ▲ +7.4 pp |
| 2003 | -6.2% | $-157.79 Million | $2.56 Billion | $424.11 Million | $581.90 Million | ▲ +15.1 pp |
| 2002 | -21.3% | $-525.75 Million | $2.47 Billion | $453.27 Million | $979.02 Million | ▼ -14.0 pp |
| 2001 | -7.3% | $-173.18 Million | $2.38 Billion | $403.95 Million | $577.14 Million | ▼ -7.8 pp |
| 2000 | 0.5% | $11.04 Million | $2.25 Billion | $409.36 Million | $398.33 Million | ▼ -9.1 pp |
| 1999 | 9.6% | $221.80 Million | $2.32 Billion | $448.80 Million | $227.00 Million | ▲ +10.4 pp |
| 1998 | -0.8% | $-15.50 Million | $1.99 Billion | $242.80 Million | $258.30 Million | ▲ +0.9 pp |
| 1997 | -1.7% | $-28.80 Million | $1.68 Billion | $175.40 Million | $204.20 Million | ▼ -0.5 pp |
| 1996 | -1.2% | $-17.90 Million | $1.53 Billion | $128.60 Million | $146.50 Million | ▲ +0.7 pp |
| 1995 | -1.8% | $-25.30 Million | $1.37 Billion | $129.80 Million | $155.10 Million | ▲ +1.1 pp |
| 1994 | -3.0% | $-33.80 Million | $1.14 Billion | $64.60 Million | $98.40 Million | ▼ -0.1 pp |
| 1993 | -2.9% | $-28.40 Million | $974.50 Million | $46.00 Million | $74.40 Million | ▲ +0.8 pp |
| 1992 | -3.7% | $-17.80 Million | $481.10 Million | $32.00 Million | $49.80 Million | ▼ -3.5 pp |
| 1991 | -0.2% | $-600.00K | $386.70 Million | $33.80 Million | $34.40 Million | ▲ +0.7 pp |
| 1990 | -0.9% | $-1.00 Million | $117.00 Million | $20.20 Million | $21.20 Million | ▲ +2.0 pp |
| 1989 | -2.9% | $-2.40 Million | $83.70 Million | $13.40 Million | $15.80 Million | ▼ -6.7 pp |
| 1988 | 3.8% | $3.30 Million | $86.30 Million | $10.40 Million | $7.10 Million | ▲ +2.2 pp |
| 1987 | 1.7% | $500.00K | $30.20 Million | $5.10 Million | $4.60 Million | ▲ +134.2 pp |
| 1986 | -132.5% | $-16.70 Million | $12.60 Million | $7.90 Million | $24.60 Million | — |