LungLife AI Inc (LLAI) — Working Capital to Net Assets Ratio

Latest as of June 2024: 24.2%

LungLife AI Inc (LLAI) has a Working Capital to Net Assets ratio of 24.2% as of June 2024. Working capital of GBX1.92 Million (current assets of GBX2.97 Million minus current liabilities of GBX1.05 Million) is measured against net assets of GBX7.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LungLife AI Inc net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

24.2%
Working Capital / Net Assets

Working Capital

GBX1.92 Million
GBX

Current Assets

GBX2.97 Million
GBX

Current Liabilities

GBX1.05 Million
GBX

LungLife AI Inc Working Capital to Net Assets (2018–2023)

This chart shows how LungLife AI Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 24.2%, reflecting working capital of GBX1.92 Million against net assets of GBX7.93 Million GBX. Check LLAI tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for LungLife AI Inc (2018–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for LungLife AI Inc from 2018 to 2023, covering 6 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 market cap of LungLife AI Inc.

Year WC/NA Ratio Working Capital (GBX) Net Assets Current Assets Current Liabilities Change (pp)
2023 23.5% GBX1.86 Million GBX7.91 Million GBX3.30 Million GBX1.45 Million ▼ -30.9 pp
2022 54.3% GBX7.14 Million GBX13.14 Million GBX8.62 Million GBX1.48 Million ▼ -16.1 pp
2021 70.5% GBX14.18 Million GBX20.13 Million GBX15.37 Million GBX1.19 Million ▼ -28.2 pp
2020 98.7% GBX19.27 Million GBX19.53 Million GBX21.04 Million GBX1.78 Million ▼ -6.7 pp
2019 105.4% GBX-7.16 Million GBX-6.80 Million GBX978.72K GBX8.14 Million ▲ +87.4 pp
2018 18.0% GBX-557.97K GBX-3.10 Million GBX363.30K GBX921.27K
pp = percentage points