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 how many days can Biora Therapeutics Inc fund operations to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Biora Therapeutics Inc assets under control.
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. Check how resilient are Biora Therapeutics Inc's assets to evaluate the company's liquid asset resilience ratio.
| 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 | — |