BRAXIA SCIENTIFIC CORP. Working Capital to Net Assets Ratio
BRAXIA SCIENTIFIC CORP. 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. Check tangible net worth ratio of BRAXIA SCIENTIFIC CORP. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of BRAXIA SCIENTIFIC CORP. (2021–2023)
Working capital to net assets ratio of BRAXIA SCIENTIFIC CORP. from 2021 to 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. See how many days can BRAXIA SCIENTIFIC CORP. fund operations to measure how many days the company can operate on defensive assets alone.
BRAXIA SCIENTIFIC CORP. Working Capital to Net Assets Ratio by Year (2021–2023)
BRAXIA SCIENTIFIC CORP. working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see BRAXIA SCIENTIFIC CORP. balance sheet assets.
| 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 | — |