Spectra Systems Corp (SPSY) — Working Capital to Net Assets Ratio
Spectra Systems Corp (SPSY) has a Working Capital to Net Assets ratio of 52.0% as of December 2025. Working capital of GBX26.70 Million (current assets of GBX41.43 Million minus current liabilities of GBX14.73 Million) is measured against net assets of GBX51.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spectra Systems Corp (SPSY) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spectra Systems Corp Working Capital to Net Assets (2008–2025)
This chart shows how Spectra Systems Corp's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 52.0%, reflecting working capital of GBX26.70 Million against net assets of GBX51.36 Million GBX. For the complete balance sheet picture, see balance sheet size of Spectra Systems Corp.
Annual Working Capital to Net Assets for Spectra Systems Corp (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spectra Systems Corp from 2008 to 2025, covering 18 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. Check financial resilience of Spectra Systems Corp to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.0% | GBX26.70 Million | GBX51.36 Million | GBX41.43 Million | GBX14.73 Million | ▲ +12.6 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 | — |