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 4960 days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see 4960 total assets.
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. Explore how much of BRAXIA SCIENTIFIC CORP.'s assets are long-term investments to see how much of total assets are deployed in long-term investments.
| 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 | — |