UNITIL Corporation (UTL) — Working Capital to Net Assets Ratio
UNITIL Corporation (UTL) has a Working Capital to Net Assets ratio of -15.3% as of September 2025. Working capital of $-91.10 Million (current assets of $183.50 Million minus current liabilities of $274.60 Million) is measured against net assets of $597.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See UNITIL Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
UNITIL Corporation Working Capital to Net Assets (1994–2024)
This chart shows how UNITIL Corporation's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at -15.3%, reflecting working capital of $-91.10 Million against net assets of $597.20 Million USD. See UNITIL Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for UNITIL Corporation (1994–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for UNITIL Corporation from 1994 to 2024, covering 31 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 UNITIL Corporation (UTL) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -7.8% | $-39.90 Million | $512.50 Million | $188.80 Million | $228.70 Million | ▲ +12.7 pp |
| 2023 | -20.5% | $-100.20 Million | $489.30 Million | $177.10 Million | $277.30 Million | ▼ -6.5 pp |
| 2022 | -14.0% | $-65.30 Million | $467.60 Million | $194.80 Million | $260.10 Million | ▼ -10.9 pp |
| 2021 | -3.1% | $-13.80 Million | $448.50 Million | $159.70 Million | $173.50 Million | ▼ -3.9 pp |
| 2020 | 0.8% | $3.20 Million | $389.20 Million | $139.30 Million | $136.10 Million | ▲ +8.5 pp |
| 2019 | -7.7% | $-28.90 Million | $376.80 Million | $130.90 Million | $159.80 Million | ▲ +3.8 pp |
| 2018 | -11.5% | $-40.30 Million | $351.30 Million | $152.20 Million | $192.50 Million | ▼ -11.6 pp |
| 2017 | 0.1% | $300.00K | $336.80 Million | $151.30 Million | $151.00 Million | ▲ +15.5 pp |
| 2016 | -15.5% | $-45.30 Million | $293.10 Million | $131.60 Million | $176.90 Million | ▼ -8.8 pp |
| 2015 | -6.6% | $-18.70 Million | $282.80 Million | $125.90 Million | $144.60 Million | ▼ -12.4 pp |
| 2014 | 5.8% | $15.80 Million | $273.30 Million | $145.20 Million | $129.40 Million | ▲ +7.6 pp |
| 2013 | -1.8% | $-4.70 Million | $265.20 Million | $140.00 Million | $144.70 Million | ▼ -4.5 pp |
| 2012 | 2.8% | $7.20 Million | $260.60 Million | $132.60 Million | $125.40 Million | ▲ +14.7 pp |
| 2011 | -12.0% | $-23.20 Million | $193.70 Million | $131.20 Million | $154.40 Million | ▼ -6.8 pp |
| 2010 | -5.1% | $-9.80 Million | $191.00 Million | $117.10 Million | $126.90 Million | ▲ +6.6 pp |
| 2009 | -11.7% | $-22.90 Million | $195.10 Million | $106.80 Million | $129.70 Million | ▲ +37.3 pp |
| 2008 | -49.0% | $-69.40 Million | $141.50 Million | $150.30 Million | $219.70 Million | ▼ -53.7 pp |
| 2007 | 4.7% | $4.80 Million | $102.50 Million | $48.90 Million | $44.10 Million | ▲ +11.5 pp |
| 2006 | -6.8% | $-6.77 Million | $99.86 Million | $46.70 Million | $53.47 Million | ▼ -2.1 pp |
| 2005 | -4.7% | $-4.60 Million | $98.61 Million | $41.38 Million | $45.98 Million | ▲ +10.3 pp |
| 2004 | -14.9% | $-14.42 Million | $96.63 Million | $36.73 Million | $51.15 Million | ▼ -10.5 pp |
| 2003 | -4.5% | $-4.29 Million | $96.07 Million | $44.08 Million | $48.37 Million | ▲ +28.5 pp |
| 2002 | -33.0% | $-25.62 Million | $77.67 Million | $40.42 Million | $66.04 Million | ▼ -13.0 pp |
| 2001 | -20.0% | $-15.64 Million | $78.36 Million | $31.66 Million | $47.30 Million | ▲ +11.5 pp |
| 2000 | -31.4% | $-26.30 Million | $83.62 Million | $37.87 Million | $64.17 Million | ▼ -21.1 pp |
| 1999 | -10.3% | $-8.50 Million | $82.50 Million | $26.40 Million | $34.90 Million | ▼ -0.2 pp |
| 1998 | -10.1% | $-8.00 Million | $79.20 Million | $30.60 Million | $38.60 Million | ▲ +9.2 pp |
| 1997 | -19.3% | $-14.60 Million | $75.50 Million | $29.10 Million | $43.70 Million | ▼ -1.4 pp |
| 1996 | -17.9% | $-12.90 Million | $71.90 Million | $31.10 Million | $44.00 Million | ▼ -15.0 pp |
| 1995 | -2.9% | $-2.00 Million | $67.90 Million | $23.60 Million | $25.60 Million | ▼ -6.7 pp |
| 1994 | 3.7% | $2.40 Million | $64.10 Million | $21.90 Million | $19.50 Million | — |