Zoetis Inc (ZTS) — Working Capital to Net Assets Ratio
Zoetis Inc (ZTS) has a Working Capital to Net Assets ratio of 88.5% as of September 2025. Working capital of $4.78 Billion (current assets of $6.58 Billion minus current liabilities of $1.81 Billion) is measured against net assets of $5.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zoetis Inc (ZTS) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zoetis Inc Working Capital to Net Assets (2010–2024)
This chart shows how Zoetis Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 88.5%, reflecting working capital of $4.78 Billion against net assets of $5.40 Billion USD. Check Zoetis Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zoetis Inc (2010–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zoetis Inc from 2010 to 2024, covering 15 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 ZTS company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.0% | $2.57 Billion | $4.77 Billion | $5.99 Billion | $3.41 Billion | ▼ -35.3 pp |
| 2023 | 89.2% | $4.45 Billion | $4.99 Billion | $6.34 Billion | $1.89 Billion | ▼ -9.3 pp |
| 2022 | 98.5% | $4.34 Billion | $4.40 Billion | $7.51 Billion | $3.17 Billion | ▼ -14.4 pp |
| 2021 | 113.0% | $5.13 Billion | $4.54 Billion | $6.93 Billion | $1.80 Billion | ▼ -4.7 pp |
| 2020 | 117.7% | $4.44 Billion | $3.77 Billion | $6.61 Billion | $2.17 Billion | ▲ +9.1 pp |
| 2019 | 108.6% | $2.94 Billion | $2.71 Billion | $4.75 Billion | $1.81 Billion | ▼ -36.7 pp |
| 2018 | 145.4% | $3.18 Billion | $2.19 Billion | $4.40 Billion | $1.22 Billion | ▼ -29.5 pp |
| 2017 | 174.9% | $3.12 Billion | $1.79 Billion | $4.22 Billion | $1.09 Billion | ▲ +23.2 pp |
| 2016 | 151.6% | $2.27 Billion | $1.50 Billion | $3.39 Billion | $1.12 Billion | ▼ -36.2 pp |
| 2015 | 187.8% | $2.05 Billion | $1.09 Billion | $3.83 Billion | $1.78 Billion | ▲ +9.9 pp |
| 2014 | 177.9% | $2.38 Billion | $1.34 Billion | $3.46 Billion | $1.09 Billion | ▼ -23.9 pp |
| 2013 | 201.9% | $1.94 Billion | $962.00 Million | $3.36 Billion | $1.42 Billion | ▲ +158.8 pp |
| 2012 | 43.1% | $1.74 Billion | $4.04 Billion | $2.86 Billion | $1.12 Billion | ▲ +3.8 pp |
| 2011 | 39.3% | $1.47 Billion | $3.74 Billion | $2.31 Billion | $843.00 Million | ▲ +0.2 pp |
| 2010 | 39.1% | $1.31 Billion | $3.34 Billion | $2.12 Billion | $808.00 Million | — |