Bicycle Therapeutics Ltd (BCYC) — Working Capital to Net Assets Ratio
Bicycle Therapeutics Ltd (BCYC) has a Working Capital to Net Assets ratio of 108.3% as of September 2025. Working capital of $669.54 Million (current assets of $738.82 Million minus current liabilities of $69.28 Million) is measured against net assets of $618.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bicycle Therapeutics Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bicycle Therapeutics Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Bicycle Therapeutics Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 108.3%, reflecting working capital of $669.54 Million against net assets of $618.48 Million USD. Check Bicycle Therapeutics Ltd (BCYC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bicycle Therapeutics Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bicycle Therapeutics Ltd 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 live market cap and the full company profile, see Bicycle Therapeutics Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 108.6% | $861.38 Million | $793.06 Million | $928.61 Million | $67.23 Million | ▼ -24.1 pp |
| 2023 | 132.7% | $492.33 Million | $370.93 Million | $561.87 Million | $69.54 Million | ▲ +16.0 pp |
| 2022 | 116.7% | $316.04 Million | $270.78 Million | $369.38 Million | $53.34 Million | ▼ -5.3 pp |
| 2021 | 122.0% | $422.32 Million | $346.25 Million | $458.56 Million | $36.24 Million | ▼ -16.9 pp |
| 2020 | 138.9% | $132.59 Million | $95.46 Million | $155.72 Million | $23.13 Million | ▲ +36.6 pp |
| 2019 | 102.3% | $95.33 Million | $93.20 Million | $104.15 Million | $8.82 Million | ▲ +199.4 pp |
| 2018 | -97.2% | $67.84 Million | $-69.83 Million | $76.77 Million | $8.93 Million | ▲ +34.4 pp |
| 2017 | -131.5% | $62.06 Million | $-47.18 Million | $71.51 Million | $9.45 Million | ▼ -224.7 pp |
| 2016 | 93.2% | $7.47 Million | $8.02 Million | $11.29 Million | $3.81 Million | — |