Agora Inc (API) — Working Capital to Net Assets Ratio
Agora Inc (API) has a Working Capital to Net Assets ratio of 58.9% as of March 2026. Working capital of $326.71 Million (current assets of $384.04 Million minus current liabilities of $57.33 Million) is measured against net assets of $554.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Agora Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Agora Inc Working Capital to Net Assets (2018–2025)
This chart shows how Agora Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 58.9%, reflecting working capital of $326.71 Million against net assets of $554.59 Million USD. For the complete balance sheet picture, see API total assets.
Annual Working Capital to Net Assets for Agora Inc (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Agora Inc from 2018 to 2025, covering 8 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 API asset liquidity ratio 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 | 36.1% | $203.32 Million | $562.85 Million | $260.10 Million | $56.79 Million | ▼ -11.0 pp |
| 2024 | 47.1% | $269.71 Million | $572.66 Million | $328.05 Million | $58.34 Million | ▲ +13.3 pp |
| 2023 | 33.8% | $204.53 Million | $604.75 Million | $261.43 Million | $56.89 Million | ▼ -23.0 pp |
| 2022 | 56.8% | $413.83 Million | $728.26 Million | $485.48 Million | $71.65 Million | ▼ -26.7 pp |
| 2021 | 83.6% | $723.88 Million | $866.26 Million | $797.69 Million | $73.80 Million | ▼ -13.1 pp |
| 2020 | 96.6% | $634.43 Million | $656.46 Million | $670.74 Million | $36.31 Million | ▲ +3.7 pp |
| 2019 | 93.0% | $104.75 Million | $112.68 Million | $123.23 Million | $18.48 Million | ▼ -3.5 pp |
| 2018 | 96.5% | $111.95 Million | $116.01 Million | $123.24 Million | $11.29 Million | — |