Color Star Technology Co. Ltd. Working Capital to Net Assets Ratio
Color Star Technology Co. Ltd. working capital to net assets ratio. Color Star Technology Co. Ltd. (ADD) has a Working Capital to Net Assets ratio of 99.0% as of December 2024. Working capital of $5.80 Million (current assets of $15.28 Million minus current liabilities of $9.48 Million) is measured against net assets of $5.86 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ADD tangible net assets 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 Color Star Technology Co. Ltd. (2008–2024)
Working capital to net assets ratio of Color Star Technology Co. Ltd. from 2008 to 2024. This chart shows how Color Star Technology Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of December 2024, the ratio stands at 99.0%, reflecting working capital of $5.80 Million against net assets of $5.86 Million USD. See operational self-sufficiency of Color Star Technology Co. Ltd. to measure how many days the company can operate on defensive assets alone.
Color Star Technology Co. Ltd. Working Capital to Net Assets Ratio by Year (2008–2024)
Color Star Technology Co. Ltd. working capital to net assets ratio by year from 2008 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Color Star Technology Co. Ltd. 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 the complete balance sheet picture, see Color Star Technology Co. Ltd. asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.6% | $1.42 Million | $18.53 Million | $10.47 Million | $9.06 Million | ▼ -35.7 pp |
| 2023 | 43.4% | $10.72 Million | $24.72 Million | $16.05 Million | $5.33 Million | ▼ -3.8 pp |
| 2022 | 47.2% | $22.85 Million | $48.44 Million | $27.87 Million | $5.02 Million | ▲ +42.6 pp |
| 2021 | 4.6% | $3.52 Million | $76.95 Million | $7.64 Million | $4.12 Million | ▼ -35.4 pp |
| 2020 | 39.9% | $2.63 Million | $6.59 Million | $3.16 Million | $528.83K | ▲ +258.6 pp |
| 2019 | -218.6% | $-1.14 Million | $520.80K | $52.51 Million | $53.64 Million | ▼ -290.3 pp |
| 2018 | 71.7% | $6.95 Million | $9.70 Million | $50.65 Million | $43.70 Million | ▲ +4.4 pp |
| 2017 | 67.3% | $7.51 Million | $11.15 Million | $76.73 Million | $69.23 Million | ▼ -10.4 pp |
| 2016 | 77.7% | $16.42 Million | $21.13 Million | $90.72 Million | $74.30 Million | ▲ +7.5 pp |
| 2015 | 70.2% | $27.86 Million | $39.70 Million | $116.32 Million | $88.46 Million | ▲ +6.2 pp |
| 2014 | 64.0% | $25.85 Million | $40.40 Million | $136.90 Million | $111.05 Million | ▼ -3.0 pp |
| 2013 | 66.9% | $37.95 Million | $56.69 Million | $123.47 Million | $85.52 Million | ▲ +1.1 pp |
| 2012 | 65.9% | $52.05 Million | $79.00 Million | $137.25 Million | $85.21 Million | ▲ +9.1 pp |
| 2011 | 56.8% | $47.22 Million | $83.09 Million | $108.35 Million | $61.13 Million | ▲ +17.1 pp |
| 2010 | 39.8% | $24.33 Million | $61.18 Million | $45.83 Million | $21.51 Million | ▲ +22.2 pp |
| 2009 | 17.5% | $5.27 Million | $30.04 Million | $25.30 Million | $20.04 Million | ▲ +1.3 pp |
| 2008 | 16.3% | $3.15 Million | $19.39 Million | $16.24 Million | $13.08 Million | — |