Aardvark Therapeutics, Inc. Common Stock (AARD) — Working Capital to Net Assets Ratio
Aardvark Therapeutics, Inc. Common Stock (AARD) has a Working Capital to Net Assets ratio of 96.8% as of September 2025. Working capital of $118.47 Million (current assets of $129.21 Million minus current liabilities of $10.74 Million) is measured against net assets of $122.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Aardvark Therapeutics, Inc. Common Stock balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Aardvark Therapeutics, Inc. Common Stock Working Capital to Net Assets (2022–2024)
This chart shows how Aardvark Therapeutics, Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2022 to 2024. As of September 2025, the ratio stands at 96.8%, reflecting working capital of $118.47 Million against net assets of $122.38 Million USD. Check AARD goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Aardvark Therapeutics, Inc. Common Stock (2022–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Aardvark Therapeutics, Inc. Common Stock from 2022 to 2024, covering 3 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 Aardvark Therapeutics, Inc. Common Stock (AARD) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -126.7% | $69.21 Million | $-54.64 Million | $74.14 Million | $4.93 Million | ▼ -100.8 pp |
| 2023 | -25.8% | $8.99 Million | $-34.80 Million | $10.37 Million | $1.38 Million | ▲ +31.1 pp |
| 2022 | -56.9% | $15.90 Million | $-27.92 Million | $16.49 Million | $595.00K | — |