TUGA INNOVATIONS INC. Working Capital to Net Assets Ratio
TUGA INNOVATIONS INC. working capital to net assets ratio. TUGA INNOVATIONS INC. (DQ5) has a Working Capital to Net Assets ratio of 102.0% as of April 2025. Working capital of €-1.80 Million (current assets of €18.64K minus current liabilities of €1.82 Million) is measured against net assets of €-1.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TUGA INNOVATIONS INC. tangible equity quality 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 TUGA INNOVATIONS INC. (2021–2024)
Working capital to net assets ratio of TUGA INNOVATIONS INC. from 2021 to 2024. This chart shows how TUGA INNOVATIONS INC.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of April 2025, the ratio stands at 102.0%, reflecting working capital of €-1.80 Million against net assets of €-1.76 Million EUR. See TUGA INNOVATIONS INC. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
TUGA INNOVATIONS INC. Working Capital to Net Assets Ratio by Year (2021–2024)
TUGA INNOVATIONS INC. working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for TUGA INNOVATIONS INC. from 2021 to 2024, covering 4 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 TUGA INNOVATIONS INC. total assets.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 102.9% | €-1.45 Million | €-1.41 Million | €30.33K | €1.48 Million | ▼ -3.6 pp |
| 2023 | 106.5% | €-807.51K | €-758.11K | €126.21K | €933.71K | ▲ +13.1 pp |
| 2022 | 93.4% | €806.44K | €863.32K | €948.09K | €141.65K | ▼ -3.6 pp |
| 2021 | 97.0% | €365.03K | €376.41K | €479.02K | €114.00K | — |