IMAC Holdings Inc Working Capital to Net Assets Ratio
IMAC Holdings Inc working capital to net assets ratio. IMAC Holdings Inc (BACK) has a Working Capital to Net Assets ratio of 119.9% as of December 2024. Working capital of $-5.76 Million (current assets of $510.74K minus current liabilities of $6.27 Million) is measured against net assets of $-4.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of IMAC Holdings Inc (2016–2024)
Working capital to net assets ratio of IMAC Holdings Inc from 2016 to 2024. This chart shows how IMAC Holdings Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 119.9%, reflecting working capital of $-5.76 Million against net assets of $-4.80 Million USD. See IMAC Holdings Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
IMAC Holdings Inc Working Capital to Net Assets Ratio by Year (2016–2024)
IMAC Holdings Inc working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for IMAC Holdings Inc from 2016 to 2024, covering 9 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 IMAC Holdings Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 114.1% | $-7.30 Million | $-6.39 Million | $684.34K | $7.98 Million | ▲ +14.1 pp |
| 2023 | 100.0% | $-752.65K | $-752.65K | $1.14 Million | $1.90 Million | ▲ +89.4 pp |
| 2022 | 10.6% | $494.10K | $4.65 Million | $4.21 Million | $3.71 Million | ▼ -12.4 pp |
| 2021 | 23.0% | $4.13 Million | $17.95 Million | $9.07 Million | $4.93 Million | ▲ +38.3 pp |
| 2020 | -15.3% | $-1.19 Million | $7.81 Million | $4.76 Million | $5.95 Million | ▲ +28.7 pp |
| 2019 | -43.9% | $-3.49 Million | $7.94 Million | $2.58 Million | $6.07 Million | ▼ -378.7 pp |
| 2018 | 334.8% | $-13.16 Million | $-3.93 Million | $668.11K | $13.83 Million | ▲ +197.9 pp |
| 2017 | 136.9% | $234.64K | $171.43K | $708.46K | $473.82K | ▼ -10.7 pp |
| 2016 | 147.6% | $1.55 Million | $1.05 Million | $1.60 Million | $51.09K | — |