A SPAC III Acquisition Corp. Class A Ordinary Shares (ASPC) — Working Capital to Net Assets Ratio
A SPAC III Acquisition Corp. Class A Ordinary Shares (ASPC) has a Working Capital to Net Assets ratio of 12.3% as of December 2025. Working capital of $419.76K (current assets of $955.72K minus current liabilities of $535.96K) is measured against net assets of $3.40 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ASPC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
A SPAC III Acquisition Corp. Class A Ordinary Shares Working Capital to Net Assets (2021–2025)
This chart shows how A SPAC III Acquisition Corp. Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 12.3%, reflecting working capital of $419.76K against net assets of $3.40 Million USD. For the complete balance sheet picture, see balance sheet size of A SPAC III Acquisition Corp. Class A Ord.
Annual Working Capital to Net Assets for A SPAC III Acquisition Corp. Class A Ordinary Shares (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for A SPAC III Acquisition Corp. Class A Ordinary Shares from 2021 to 2025, covering 4 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 A SPAC III Acquisition Corp. Class A Ord liquidity resilience 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 | 12.3% | $419.76K | $3.40 Million | $955.72K | $535.96K | ▲ +10.4 pp |
| 2024 | 2.0% | $1.20 Million | $61.56 Million | $1.72 Million | $517.33K | ▼ -98.0 pp |
| 2023 | 100.0% | $-140.58K | $-140.58K | $0.00 | $140.58K | ▲ +98.3 pp |
| 2021 | 1.7% | $-0.41 | $-23.77 | $0.71 | $1.12 | — |