Walmart Inc. Common Stock Working Capital to Net Assets Ratio
Walmart Inc. Common Stock working capital to net assets ratio. Walmart Inc. Common Stock (WMT) has a Working Capital to Net Assets ratio of -23.7% as of October 2025. Working capital of $-22.81 Billion (current assets of $92.92 Billion minus current liabilities of $115.73 Billion) is measured against net assets of $96.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check WMT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Walmart Inc. Common Stock (1986–2025)
Working capital to net assets ratio of Walmart Inc. Common Stock from 1986 to 2025. This chart shows how Walmart Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of October 2025, the ratio stands at -23.7%, reflecting working capital of $-22.81 Billion against net assets of $96.09 Billion USD. See how many days can Walmart Inc. Common Stock fund operations to measure how many days the company can operate on defensive assets alone.
Walmart Inc. Common Stock Working Capital to Net Assets Ratio by Year (1986–2025)
Walmart Inc. Common Stock working capital to net assets ratio by year from 1986 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Walmart Inc. Common Stock from 1986 to 2025, covering 40 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 Walmart Inc. Common Stock asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -17.5% | $-17.13 Billion | $97.69 Billion | $79.46 Billion | $96.58 Billion | ▼ -0.4 pp |
| 2024 | -17.2% | $-15.54 Billion | $90.57 Billion | $76.88 Billion | $92.42 Billion | ▲ +2.5 pp |
| 2023 | -19.7% | $-16.54 Billion | $83.99 Billion | $75.92 Billion | $92.46 Billion | ▼ -12.8 pp |
| 2022 | -6.9% | $-6.31 Billion | $91.89 Billion | $81.07 Billion | $87.38 Billion | ▼ -3.9 pp |
| 2021 | -2.9% | $-2.58 Billion | $87.53 Billion | $90.07 Billion | $92.64 Billion | ▲ +16.7 pp |
| 2020 | -19.6% | $-15.98 Billion | $81.55 Billion | $61.81 Billion | $77.79 Billion | ▼ 0.0 pp |
| 2019 | -19.6% | $-15.58 Billion | $79.63 Billion | $61.90 Billion | $77.48 Billion | ▲ +3.8 pp |
| 2018 | -23.3% | $-18.86 Billion | $80.82 Billion | $59.66 Billion | $78.52 Billion | ▼ -11.9 pp |
| 2017 | -11.5% | $-9.24 Billion | $80.53 Billion | $57.69 Billion | $66.93 Billion | ▼ -6.2 pp |
| 2016 | -5.2% | $-4.38 Billion | $83.61 Billion | $60.24 Billion | $64.62 Billion | ▼ -2.9 pp |
| 2015 | -2.3% | $-1.99 Billion | $85.94 Billion | $63.28 Billion | $65.27 Billion | ▲ +7.5 pp |
| 2014 | -9.9% | $-8.16 Billion | $82.83 Billion | $61.19 Billion | $69.34 Billion | ▲ +4.6 pp |
| 2013 | -14.4% | $-11.88 Billion | $82.26 Billion | $59.94 Billion | $71.82 Billion | ▼ -4.8 pp |
| 2012 | -9.6% | $-7.33 Billion | $76.17 Billion | $54.98 Billion | $62.30 Billion | ▼ -0.4 pp |
| 2011 | -9.2% | $-6.59 Billion | $71.66 Billion | $51.89 Billion | $58.48 Billion | ▲ +0.7 pp |
| 2010 | -9.9% | $-7.23 Billion | $73.24 Billion | $48.33 Billion | $55.56 Billion | ▼ 0.0 pp |
| 2009 | -9.9% | $-6.44 Billion | $65.28 Billion | $48.95 Billion | $55.39 Billion | ▲ +7.0 pp |
| 2008 | -16.8% | $-10.87 Billion | $64.61 Billion | $47.59 Billion | $58.45 Billion | ▼ -8.4 pp |
| 2007 | -8.4% | $-5.17 Billion | $61.57 Billion | $46.59 Billion | $51.75 Billion | ▲ +1.0 pp |
| 2006 | -9.4% | $-5.00 Billion | $53.17 Billion | $43.82 Billion | $48.83 Billion | ▼ -0.5 pp |
| 2005 | -8.9% | $-4.40 Billion | $49.40 Billion | $38.49 Billion | $42.89 Billion | ▼ -2.0 pp |
| 2004 | -6.9% | $-3.00 Billion | $43.62 Billion | $34.42 Billion | $37.42 Billion | ▼ -1.4 pp |
| 2003 | -5.4% | $-2.13 Billion | $39.34 Billion | $30.48 Billion | $32.62 Billion | ▼ -8.2 pp |
| 2002 | 2.7% | $964.00 Million | $35.10 Billion | $28.25 Billion | $27.28 Billion | ▲ +10.4 pp |
| 2001 | -7.6% | $-2.39 Billion | $31.34 Billion | $26.55 Billion | $28.95 Billion | ▼ -2.0 pp |
| 2000 | -5.6% | $-1.45 Billion | $25.83 Billion | $24.36 Billion | $25.80 Billion | ▼ -26.3 pp |
| 1999 | 20.7% | $4.37 Billion | $21.11 Billion | $21.13 Billion | $16.76 Billion | ▼ -5.7 pp |
| 1998 | 26.4% | $4.89 Billion | $18.50 Billion | $19.35 Billion | $14.46 Billion | ▼ -14.6 pp |
| 1997 | 41.0% | $7.04 Billion | $17.14 Billion | $17.99 Billion | $10.96 Billion | ▲ +1.2 pp |
| 1996 | 39.8% | $5.88 Billion | $14.76 Billion | $17.33 Billion | $11.45 Billion | ▼ -2.3 pp |
| 1995 | 42.2% | $5.37 Billion | $12.73 Billion | $15.34 Billion | $9.97 Billion | ▼ -1.6 pp |
| 1994 | 43.8% | $4.71 Billion | $10.75 Billion | $12.11 Billion | $7.41 Billion | ▲ +4.5 pp |
| 1993 | 39.3% | $3.44 Billion | $8.76 Billion | $10.20 Billion | $6.75 Billion | ▼ -11.8 pp |
| 1992 | 51.1% | $3.57 Billion | $6.99 Billion | $8.58 Billion | $5.00 Billion | ▲ +5.9 pp |
| 1991 | 45.2% | $2.42 Billion | $5.37 Billion | $6.41 Billion | $3.99 Billion | ▼ -1.9 pp |
| 1990 | 47.1% | $1.87 Billion | $3.97 Billion | $4.71 Billion | $2.85 Billion | ▼ -4.9 pp |
| 1989 | 52.0% | $1.57 Billion | $3.01 Billion | $3.63 Billion | $2.07 Billion | ▲ +0.6 pp |
| 1988 | 51.5% | $1.16 Billion | $2.26 Billion | $2.91 Billion | $1.74 Billion | ▼ -8.5 pp |
| 1987 | 59.9% | $1.01 Billion | $1.69 Billion | $2.35 Billion | $1.34 Billion | ▼ -2.0 pp |
| 1986 | 62.0% | $791.60 Million | $1.28 Billion | $1.78 Billion | $992.70 Million | — |