Biora Therapeutics Inc (BIOR) — Working Capital to Net Assets Ratio
Biora Therapeutics Inc (BIOR) has a Working Capital to Net Assets ratio of 107.4% as of September 2024. Working capital of $-114.56 Million (current assets of $6.05 Million minus current liabilities of $120.62 Million) is measured against net assets of $-106.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Biora Therapeutics Inc (BIOR) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Biora Therapeutics Inc Working Capital to Net Assets (2018–2023)
This chart shows how Biora Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 107.4%, reflecting working capital of $-114.56 Million against net assets of $-106.63 Million USD. See Biora Therapeutics Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Biora Therapeutics Inc (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Biora Therapeutics Inc from 2018 to 2023, covering 6 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 Biora Therapeutics Inc (BIOR) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 43.3% | $-43.90 Million | $-101.42 Million | $19.07 Million | $62.97 Million | ▲ +57.8 pp |
| 2022 | -14.5% | $14.81 Million | $-102.29 Million | $38.12 Million | $23.30 Million | ▲ +28.9 pp |
| 2021 | -43.3% | $36.82 Million | $-84.98 Million | $98.43 Million | $61.61 Million | ▲ +6.8 pp |
| 2020 | -50.2% | $53.67 Million | $-106.99 Million | $126.34 Million | $72.67 Million | ▼ -80.8 pp |
| 2019 | 30.6% | $-25.69 Million | $-83.87 Million | $74.65 Million | $100.34 Million | ▲ +60.1 pp |
| 2018 | -29.5% | $10.89 Million | $-36.97 Million | $88.95 Million | $78.06 Million | — |