Working Capital
Calculate the working capital, which is the difference between a company’s current assets and current liabilities.
The working capital is calculated by subtracting total current liabilities from total current assets. It represents the company’s short-term financial health and its ability to cover its current obligations using its liquid assets.
The formula is as follows:
\[\text{Working Capital} = \text{Current Assets} - \text{Current Liabilities}\]Also known as: net current assets, operating liquidity.
Working Capital in Python
Install the Finance Toolkit with:
pip install financetoolkit -U
Then call get_working_capital as shown below.
from financetoolkit import Toolkit
toolkit = Toolkit(["AAPL", "TSLA"], api_key="FINANCIAL_MODELING_PREP_KEY")
working_capitals = toolkit.ratios.get_working_capital()
Which returns:
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| AAPL | 9.355e+09 | -1.8577e+10 | -1.742e+09 | -2.3405e+10 | -1.7674e+10 |
| TSLA | 7.395e+09 | 1.4208e+10 | 2.0868e+10 | 2.9539e+10 | 3.6928e+10 |
Parameters
The function accepts the following parameters:
- rounding (int, optional): The number of decimals to round the results to. Defaults to 4.
- growth (bool, optional): Whether to calculate the growth of the ratios. Defaults to False.
- lag (int | str, optional): The lag to use for the growth calculation. Defaults to 1.
- standardize (bool, optional): Whether to standardize (Z-Score) the result. When combined with growth=True, standardizes the growth values instead of the raw values. Defaults to False.
- trailing (int): Defines whether to select a trailing period. E.g. when selecting 4 with quarterly data, the TTM is calculated.