Cactus Inc (WHD) — Working Capital to Net Assets Ratio
Cactus Inc (WHD) has a Working Capital to Net Assets ratio of 44.0% as of March 2026. Working capital of $724.32 Million (current assets of $1.18 Billion minus current liabilities of $451.09 Million) is measured against net assets of $1.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See WHD financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cactus Inc Working Capital to Net Assets (2015–2025)
This chart shows how Cactus Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 44.0%, reflecting working capital of $724.32 Million against net assets of $1.65 Billion USD. See WHD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cactus Inc (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cactus Inc from 2015 to 2025, covering 11 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 WHD company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 55.2% | $790.68 Million | $1.43 Billion | $954.92 Million | $164.24 Million | ▲ +8.0 pp |
| 2024 | 47.1% | $595.86 Million | $1.26 Billion | $774.69 Million | $178.82 Million | ▲ +11.4 pp |
| 2023 | 35.7% | $380.52 Million | $1.06 Billion | $556.18 Million | $175.66 Million | ▼ -40.0 pp |
| 2022 | 75.7% | $537.99 Million | $710.45 Million | $654.64 Million | $116.65 Million | ▲ +4.1 pp |
| 2021 | 71.6% | $425.91 Million | $595.03 Million | $518.49 Million | $92.57 Million | ▲ +3.3 pp |
| 2020 | 68.3% | $376.23 Million | $550.77 Million | $425.14 Million | $48.91 Million | ▲ +5.6 pp |
| 2019 | 62.7% | $323.76 Million | $516.39 Million | $414.88 Million | $91.13 Million | ▲ +7.5 pp |
| 2018 | 55.2% | $199.88 Million | $362.33 Million | $274.50 Million | $74.62 Million | ▲ +361.8 pp |
| 2017 | -306.6% | $111.06 Million | $-36.22 Million | $163.93 Million | $52.87 Million | ▼ -250.1 pp |
| 2016 | -56.6% | $58.46 Million | $-103.32 Million | $82.59 Million | $24.13 Million | ▲ +22.6 pp |
| 2015 | -79.2% | $73.77 Million | $-93.17 Million | $93.40 Million | $19.63 Million | — |