Advanced Drainage Systems Inc (WMS) — Working Capital to Net Assets Ratio
Advanced Drainage Systems Inc (WMS) has a Working Capital to Net Assets ratio of 63.7% as of December 2025. Working capital of $1.29 Billion (current assets of $1.71 Billion minus current liabilities of $413.38 Million) is measured against net assets of $2.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Advanced Drainage Systems Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Advanced Drainage Systems Inc Working Capital to Net Assets (2012–2025)
This chart shows how Advanced Drainage Systems Inc's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 63.7%, reflecting working capital of $1.29 Billion against net assets of $2.03 Billion USD. Check Advanced Drainage Systems Inc (WMS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Advanced Drainage Systems Inc (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Advanced Drainage Systems Inc from 2012 to 2025, covering 14 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 how much is Advanced Drainage Systems Inc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 56.6% | $926.39 Million | $1.64 Billion | $1.32 Billion | $398.40 Million | ▼ -10.5 pp |
| 2024 | 67.2% | $860.35 Million | $1.28 Billion | $1.30 Billion | $439.62 Million | ▲ +3.0 pp |
| 2023 | 64.2% | $638.69 Million | $994.86 Million | $1.02 Billion | $378.80 Million | ▲ +20.7 pp |
| 2022 | 43.5% | $480.66 Million | $1.11 Billion | $871.90 Million | $391.24 Million | ▲ +3.6 pp |
| 2021 | 39.9% | $424.71 Million | $1.06 Billion | $742.98 Million | $318.27 Million | ▼ -14.6 pp |
| 2020 | 54.6% | $428.00 Million | $784.58 Million | $666.21 Million | $238.21 Million | ▲ +2.6 pp |
| 2019 | 52.0% | $260.23 Million | $500.63 Million | $466.51 Million | $206.28 Million | ▼ -3.8 pp |
| 2018 | 55.8% | $237.21 Million | $425.34 Million | $458.45 Million | $221.24 Million | ▲ +1.8 pp |
| 2017 | 54.0% | $184.81 Million | $342.21 Million | $440.57 Million | $255.75 Million | ▼ -52.4 pp |
| 2016 | 106.4% | $296.13 Million | $278.25 Million | $469.25 Million | $173.12 Million | ▲ +27.2 pp |
| 2015 | 79.2% | $249.14 Million | $314.60 Million | $446.73 Million | $197.59 Million | ▼ -70.5 pp |
| 2014 | 149.7% | $263.91 Million | $176.28 Million | $428.50 Million | $164.59 Million | ▲ +81.4 pp |
| 2013 | 68.3% | $220.28 Million | $322.62 Million | $387.42 Million | $167.15 Million | ▼ -3.6 pp |
| 2012 | 71.9% | $208.27 Million | $289.71 Million | $376.69 Million | $168.42 Million | — |