Bioatla Inc (BCAB) — Working Capital to Net Assets Ratio
Bioatla Inc (BCAB) has a Working Capital to Net Assets ratio of 47.2% as of March 2026. Working capital of $-17.60 Million (current assets of $3.09 Million minus current liabilities of $20.69 Million) is measured against net assets of $-37.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BCAB financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bioatla Inc Working Capital to Net Assets (2018–2025)
This chart shows how Bioatla 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 47.2%, reflecting working capital of $-17.60 Million against net assets of $-37.31 Million USD. See Bioatla Inc net asset quality index to measure how much of total assets are equity-financed.
Annual Working Capital to Net Assets for Bioatla Inc (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bioatla 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. For live market cap and the full company profile, see BCAB stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.4% | $-13.91 Million | $-36.19 Million | $8.01 Million | $21.92 Million | ▼ -218.8 pp |
| 2024 | 257.2% | $36.69 Million | $14.27 Million | $51.23 Million | $14.54 Million | ▲ +132.6 pp |
| 2023 | 124.6% | $88.06 Million | $70.67 Million | $116.41 Million | $28.34 Million | ▲ +15.2 pp |
| 2022 | 109.4% | $197.30 Million | $180.34 Million | $220.43 Million | $23.13 Million | ▲ +1.5 pp |
| 2021 | 107.9% | $227.48 Million | $210.82 Million | $247.29 Million | $19.81 Million | ▲ +8.6 pp |
| 2020 | 99.3% | $208.42 Million | $209.97 Million | $240.68 Million | $32.26 Million | ▲ +59.6 pp |
| 2019 | 39.7% | $-22.21 Million | $-56.01 Million | $4.51 Million | $26.72 Million | ▲ +51.8 pp |
| 2018 | -12.2% | $3.47 Million | $-28.45 Million | $12.66 Million | $9.20 Million | — |