Bausch Health Companies Inc (BHC) — Working Capital to Net Assets Ratio
Bausch Health Companies Inc (BHC) has a Working Capital to Net Assets ratio of -133.8% as of March 2026. Working capital of CA$1.45 Billion (current assets of CA$5.98 Billion minus current liabilities of CA$4.53 Billion) is measured against net assets of CA$-1.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BHC free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bausch Health Companies Inc Working Capital to Net Assets (1993–2025)
This chart shows how Bausch Health Companies Inc's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at -133.8%, reflecting working capital of CA$1.45 Billion against net assets of CA$-1.08 Billion CAD. See Bausch Health Companies Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bausch Health Companies Inc (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bausch Health Companies Inc from 1993 to 2025, covering 33 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 Bausch Health Companies Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 524.4% | CA$1.97 Billion | CA$376.31 Million | CA$6.15 Billion | CA$4.17 Billion | ▲ +220.7 pp |
| 2024 | 303.7% | CA$-978.00 Million | CA$-322.00 Million | CA$5.77 Billion | CA$6.75 Billion | ▲ +1881.8 pp |
| 2023 | -1578.0% | CA$1.29 Billion | CA$-82.00 Million | CA$5.60 Billion | CA$4.30 Billion | ▼ -1695.7 pp |
| 2022 | 117.7% | CA$306.00 Million | CA$260.00 Million | CA$4.25 Billion | CA$3.94 Billion | ▲ +1320.6 pp |
| 2021 | -1202.9% | CA$409.00 Million | CA$-34.00 Million | CA$5.61 Billion | CA$5.20 Billion | ▼ -1273.9 pp |
| 2020 | 70.9% | CA$429.00 Million | CA$605.00 Million | CA$5.34 Billion | CA$4.91 Billion | ▲ +7.4 pp |
| 2019 | 63.5% | CA$721.00 Million | CA$1.14 Billion | CA$6.97 Billion | CA$6.25 Billion | ▲ +174.1 pp |
| 2018 | -110.6% | CA$-3.11 Billion | CA$2.81 Billion | CA$723.00 Million | CA$3.84 Billion | ▼ -118.6 pp |
| 2017 | 8.0% | CA$478.00 Million | CA$5.94 Billion | CA$4.75 Billion | CA$4.27 Billion | ▼ -37.0 pp |
| 2016 | 45.1% | CA$1.47 Billion | CA$3.26 Billion | CA$5.08 Billion | CA$3.61 Billion | ▲ +41.8 pp |
| 2015 | 3.2% | CA$194.60 Million | CA$6.03 Billion | CA$5.51 Billion | CA$5.31 Billion | ▼ -23.7 pp |
| 2014 | 26.9% | CA$1.46 Billion | CA$5.43 Billion | CA$4.19 Billion | CA$2.73 Billion | ▲ +0.7 pp |
| 2013 | 26.2% | CA$1.37 Billion | CA$5.23 Billion | CA$3.89 Billion | CA$2.51 Billion | ▲ +0.6 pp |
| 2012 | 25.7% | CA$954.70 Million | CA$3.72 Billion | CA$2.78 Billion | CA$1.82 Billion | ▲ +14.9 pp |
| 2011 | 10.8% | CA$433.23 Million | CA$4.01 Billion | CA$1.36 Billion | CA$924.27 Million | ▲ +4.1 pp |
| 2010 | 6.7% | CA$327.71 Million | CA$4.91 Billion | CA$1.02 Billion | CA$692.46 Million | ▼ -0.2 pp |
| 2009 | 6.9% | CA$93.73 Million | CA$1.35 Billion | CA$350.64 Million | CA$256.91 Million | ▼ -11.7 pp |
| 2008 | 18.6% | CA$223.20 Million | CA$1.20 Billion | CA$490.36 Million | CA$267.17 Million | ▼ -7.6 pp |
| 2007 | 26.2% | CA$339.44 Million | CA$1.30 Billion | CA$707.02 Million | CA$367.58 Million | ▼ -24.2 pp |
| 2006 | 50.4% | CA$647.30 Million | CA$1.28 Billion | CA$1.06 Billion | CA$410.27 Million | ▲ +20.6 pp |
| 2005 | 29.8% | CA$411.23 Million | CA$1.38 Billion | CA$684.79 Million | CA$273.56 Million | ▲ +20.6 pp |
| 2004 | 9.2% | CA$124.42 Million | CA$1.36 Billion | CA$314.65 Million | CA$190.24 Million | ▼ -7.8 pp |
| 2003 | 17.0% | CA$149.88 Million | CA$881.60 Million | CA$412.45 Million | CA$262.57 Million | ▲ +19.8 pp |
| 2002 | -2.8% | CA$-23.53 Million | CA$845.69 Million | CA$321.63 Million | CA$345.16 Million | ▼ -40.8 pp |
| 2001 | 38.0% | CA$427.86 Million | CA$1.13 Billion | CA$576.60 Million | CA$148.74 Million | ▲ +48.6 pp |
| 2000 | -10.7% | CA$-25.30 Million | CA$237.46 Million | CA$260.45 Million | CA$285.74 Million | ▼ -71.8 pp |
| 1999 | 61.1% | CA$266.00 Million | CA$435.30 Million | CA$340.40 Million | CA$74.40 Million | ▼ -164.3 pp |
| 1998 | 225.4% | CA$115.40 Million | CA$51.20 Million | CA$137.90 Million | CA$22.50 Million | ▲ +162.2 pp |
| 1997 | 63.2% | CA$47.70 Million | CA$75.50 Million | CA$63.00 Million | CA$15.30 Million | ▲ +37.2 pp |
| 1996 | 26.0% | CA$9.60 Million | CA$36.90 Million | CA$26.60 Million | CA$17.00 Million | ▲ +21.9 pp |
| 1995 | 4.1% | CA$600.00K | CA$14.60 Million | CA$34.70 Million | CA$34.10 Million | ▼ -3.7 pp |
| 1994 | 7.8% | CA$600.00K | CA$7.70 Million | CA$8.70 Million | CA$8.10 Million | ▲ +96.3 pp |
| 1993 | -88.5% | CA$2.30 Million | CA$-2.60 Million | CA$6.80 Million | CA$4.50 Million | — |