Victoria's Secret & Co (VSCO) — Working Capital to Net Assets Ratio
Victoria's Secret & Co (VSCO) has a Working Capital to Net Assets ratio of 40.2% as of April 2026. Working capital of $340.00 Million (current assets of $1.63 Billion minus current liabilities of $1.29 Billion) is measured against net assets of $845.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Victoria's Secret & Co Working Capital to Net Assets (2020–2026)
This chart shows how Victoria's Secret & Co's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 40.2%, reflecting working capital of $340.00 Million against net assets of $845.00 Million USD. See Victoria's Secret & Co (VSCO) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Victoria's Secret & Co (2020–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Victoria's Secret & Co from 2020 to 2026, 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 the complete balance sheet picture, see Victoria's Secret & Co total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 41.3% | $376.00 Million | $910.00 Million | $1.88 Billion | $1.51 Billion | ▲ +31.4 pp |
| 2025 | 9.9% | $66.00 Million | $664.00 Million | $1.44 Billion | $1.38 Billion | ▲ +28.4 pp |
| 2024 | -18.5% | $-81.00 Million | $438.00 Million | $1.53 Billion | $1.61 Billion | ▼ -57.9 pp |
| 2023 | 39.4% | $158.00 Million | $401.00 Million | $1.74 Billion | $1.58 Billion | ▲ +42.1 pp |
| 2022 | -2.7% | $-7.00 Million | $257.00 Million | $1.69 Billion | $1.70 Billion | ▲ +32.9 pp |
| 2021 | -35.6% | $-317.00 Million | $891.00 Million | $1.24 Billion | $1.56 Billion | ▼ -29.3 pp |
| 2020 | -6.2% | $-82.00 Million | $1.31 Billion | $1.36 Billion | $1.44 Billion | — |