Spectra Systems Corp (SPSY) — Working Capital to Net Assets Ratio
Spectra Systems Corp (SPSY) has a Working Capital to Net Assets ratio of 39.7% as of June 2025. Working capital of GBX16.50 Million (current assets of GBX29.52 Million minus current liabilities of GBX13.03 Million) is measured against net assets of GBX41.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spectra Systems Corp net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spectra Systems Corp Working Capital to Net Assets (2008–2024)
This chart shows how Spectra Systems Corp's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 39.7%, reflecting working capital of GBX16.50 Million against net assets of GBX41.51 Million GBX. Check Spectra Systems Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spectra Systems Corp (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spectra Systems Corp from 2008 to 2024, covering 17 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 SPSY company net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.3% | GBX14.29 Million | GBX36.33 Million | GBX28.31 Million | GBX14.02 Million | ▼ -0.8 pp |
| 2023 | 40.1% | GBX12.88 Million | GBX32.11 Million | GBX26.14 Million | GBX13.26 Million | ▼ -22.1 pp |
| 2022 | 62.2% | GBX17.62 Million | GBX28.32 Million | GBX24.66 Million | GBX7.04 Million | ▼ -2.8 pp |
| 2021 | 65.0% | GBX18.16 Million | GBX27.92 Million | GBX21.89 Million | GBX3.73 Million | ▲ +4.8 pp |
| 2020 | 60.2% | GBX17.00 Million | GBX28.22 Million | GBX20.17 Million | GBX3.17 Million | ▼ -1.4 pp |
| 2019 | 61.6% | GBX16.71 Million | GBX27.11 Million | GBX19.31 Million | GBX2.61 Million | ▲ +1.8 pp |
| 2018 | 59.8% | GBX15.48 Million | GBX25.88 Million | GBX17.29 Million | GBX1.80 Million | ▲ +3.9 pp |
| 2017 | 55.9% | GBX13.67 Million | GBX24.45 Million | GBX16.48 Million | GBX2.80 Million | ▲ +4.1 pp |
| 2016 | 51.8% | GBX12.05 Million | GBX23.27 Million | GBX15.15 Million | GBX3.10 Million | ▼ -9.6 pp |
| 2015 | 61.4% | GBX13.52 Million | GBX22.03 Million | GBX17.80 Million | GBX4.27 Million | ▲ +7.2 pp |
| 2014 | 54.2% | GBX11.92 Million | GBX22.00 Million | GBX16.05 Million | GBX4.13 Million | ▼ -6.1 pp |
| 2013 | 60.3% | GBX13.69 Million | GBX22.70 Million | GBX19.39 Million | GBX5.70 Million | ▼ -10.2 pp |
| 2012 | 70.5% | GBX16.82 Million | GBX23.84 Million | GBX21.32 Million | GBX4.51 Million | ▼ -19.7 pp |
| 2011 | 90.3% | GBX22.15 Million | GBX24.54 Million | GBX25.73 Million | GBX3.58 Million | ▲ +40.7 pp |
| 2010 | 49.6% | GBX2.32 Million | GBX4.67 Million | GBX4.84 Million | GBX2.52 Million | ▲ +11.5 pp |
| 2009 | 38.1% | GBX1.56 Million | GBX4.09 Million | GBX5.11 Million | GBX3.55 Million | ▲ +3.6 pp |
| 2008 | 34.5% | GBX726.18K | GBX2.11 Million | GBX4.14 Million | GBX3.42 Million | — |