Blaize Holdings, Inc. (BZAI) — Working Capital to Net Assets Ratio
Blaize Holdings, Inc. (BZAI) has a Working Capital to Net Assets ratio of 1361.8% as of September 2025. Working capital of $17.79 Million (current assets of $54.58 Million minus current liabilities of $36.80 Million) is measured against net assets of $1.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see BZAI current and non-current assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Blaize Holdings, Inc. Working Capital to Net Assets (2021–2024)
This chart shows how Blaize Holdings, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 1361.8%, reflecting working capital of $17.79 Million against net assets of $1.31 Million USD. Explore Blaize Holdings, Inc. capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Blaize Holdings, Inc. (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Blaize Holdings, Inc. from 2021 to 2024, covering 4 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. Read how much debt does Blaize Holdings, Inc. carry for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -54.7% | $-13.26 Million | $24.24 Million | $758.84K | $14.02 Million | ▼ -36.5 pp |
| 2023 | -18.2% | $-5.68 Million | $31.15 Million | $25.70 Million | $31.38 Million | ▼ -28.9 pp |
| 2022 | 10.7% | $-7.56 Million | $-70.54 Million | $12.66 Million | $20.22 Million | ▲ +10.3 pp |
| 2021 | 0.4% | $1.17 Million | $282.98 Million | $1.87 Million | $700.00K | — |