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 SPSY financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See how many days can Spectra Systems Corp fund operations to measure how many days the company can operate on defensive assets alone.
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 Spectra Systems Corp (SPSY) total market value.
| 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 | — |