Working Capital Ratio Calculator Formula

Understand the math behind the working capital ratio calculator. Each variable explained with a worked example.

Formulas Used

Working Capital

working_capital = current_assets - current_liabilities

Working Capital Ratio

wc_ratio = current_liabilities > 0 ? current_assets / current_liabilities : 0

Working Capital as % of Revenue

wc_to_revenue = annual_revenue > 0 ? ((current_assets - current_liabilities) / annual_revenue) * 100 : 0

Variables

VariableDescriptionDefault
current_assetsTotal Current Assets(USD)450000
current_liabilitiesTotal Current Liabilities(USD)300000
annual_revenueAnnual Revenue(USD)2000000

How It Works

How to Calculate Working Capital

Formula

Working Capital = Current Assets - Current Liabilities Working Capital Ratio = Current Assets / Current Liabilities

Working capital represents the operational liquidity available to run day-to-day business activities. Positive working capital means you have a buffer; negative working capital means short-term debts exceed short-term assets. Measuring working capital as a percentage of revenue helps you compare across different-sized businesses.

Worked Example

A company has $450,000 in current assets, $300,000 in current liabilities, and $2,000,000 in annual revenue.

current_assets = 450000current_liabilities = 300000annual_revenue = 2000000
  1. 01Working Capital = $450,000 - $300,000 = $150,000
  2. 02Working Capital Ratio = $450,000 / $300,000 = 1.50
  3. 03WC as % of Revenue = $150,000 / $2,000,000 x 100 = 7.5%

Ready to run the numbers?

Open Working Capital Ratio Calculator