AN2 Therapeutics Inc (ANTX) — Working Capital to Net Assets Ratio
AN2 Therapeutics Inc (ANTX) has a Working Capital to Net Assets ratio of 98.0% as of June 2026. Working capital of $74.41 Million (current assets of $79.99 Million minus current liabilities of $5.58 Million) is measured against net assets of $75.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ANTX days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AN2 Therapeutics Inc Working Capital to Net Assets (2019–2025)
This chart shows how AN2 Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 98.0%, reflecting working capital of $74.41 Million against net assets of $75.92 Million USD. For the complete balance sheet picture, see AN2 Therapeutics Inc total assets.
Annual Working Capital to Net Assets for AN2 Therapeutics Inc (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AN2 Therapeutics Inc from 2019 to 2025, covering 7 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 how resilient are AN2 Therapeutics Inc's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 96.5% | $51.22 Million | $53.06 Million | $59.94 Million | $8.72 Million | ▲ +3.6 pp |
| 2024 | 92.9% | $76.02 Million | $81.85 Million | $86.26 Million | $10.24 Million | ▲ +15.5 pp |
| 2023 | 77.4% | $96.46 Million | $124.70 Million | $110.51 Million | $14.04 Million | ▼ -18.5 pp |
| 2022 | 95.9% | $91.44 Million | $95.37 Million | $98.62 Million | $7.19 Million | ▲ +4.3 pp |
| 2021 | 91.6% | $56.71 Million | $61.91 Million | $60.11 Million | $3.40 Million | ▼ -9.3 pp |
| 2020 | 100.9% | $2.77 Million | $2.75 Million | $4.23 Million | $1.46 Million | ▼ -14.3 pp |
| 2019 | 115.1% | $5.54 Million | $4.81 Million | $5.70 Million | $159.00K | — |