LungLife AI Inc Working Capital to Net Assets Ratio
LungLife AI Inc working capital to net assets ratio. 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. Check LLAI goodwill-adjusted equity ratio 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 LungLife AI Inc (2018–2023)
Working capital to net assets ratio of LungLife AI Inc from 2018 to 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. See LLAI days of operational coverage to measure how many days the company can operate on defensive assets alone.
LungLife AI Inc Working Capital to Net Assets Ratio by Year (2018–2023)
LungLife AI Inc working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see how large is LungLife AI Inc's balance sheet.
| 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 | — |