BRAXIA SCIENTIFIC CORP. (4960) — Working Capital to Net Assets Ratio
BRAXIA SCIENTIFIC CORP. (4960) has a Working Capital to Net Assets ratio of 0.5% as of March 2023. Working capital of €7.56K (current assets of €2.16 Million minus current liabilities of €2.15 Million) is measured against net assets of €1.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is BRAXIA SCIENTIFIC CORP.'s balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BRAXIA SCIENTIFIC CORP. Working Capital to Net Assets (2021–2023)
This chart shows how BRAXIA SCIENTIFIC CORP.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at 0.5%, reflecting working capital of €7.56K against net assets of €1.60 Million EUR. Check 4960 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for BRAXIA SCIENTIFIC CORP. (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for BRAXIA SCIENTIFIC CORP. from 2021 to 2023, covering 3 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 4960 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.5% | €7.56K | €1.60 Million | €2.16 Million | €2.15 Million | ▼ -79.0 pp |
| 2022 | 79.5% | €7.12 Million | €8.96 Million | €9.66 Million | €2.54 Million | ▲ +23.8 pp |
| 2021 | 55.7% | €8.84 Million | €15.89 Million | €11.40 Million | €2.55 Million | — |