Candel Therapeutics Inc (CADL) — Working Capital to Net Assets Ratio
Candel Therapeutics Inc (CADL) has a Working Capital to Net Assets ratio of 138.2% as of March 2026. Working capital of $190.70 Million (current assets of $197.75 Million minus current liabilities of $7.05 Million) is measured against net assets of $138.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Candel Therapeutics Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Candel Therapeutics Inc Working Capital to Net Assets (2019–2025)
This chart shows how Candel Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 138.2%, reflecting working capital of $190.70 Million against net assets of $138.03 Million USD. See Candel 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 Candel Therapeutics Inc (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Candel Therapeutics Inc from 2019 to 2025, covering 7 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 CADL market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 213.3% | $110.73 Million | $51.92 Million | $119.73 Million | $9.00 Million | ▲ +113.3 pp |
| 2024 | 99.9% | $66.28 Million | $66.33 Million | $103.80 Million | $37.53 Million | ▼ -77.5 pp |
| 2023 | 177.4% | $22.61 Million | $12.74 Million | $36.80 Million | $14.18 Million | ▲ +38.4 pp |
| 2022 | 139.0% | $66.33 Million | $47.71 Million | $71.94 Million | $5.62 Million | ▲ +14.9 pp |
| 2021 | 124.1% | $79.58 Million | $64.14 Million | $84.94 Million | $5.36 Million | ▲ +253.2 pp |
| 2020 | -129.2% | $30.43 Million | $-23.56 Million | $35.15 Million | $4.71 Million | ▲ +415.8 pp |
| 2019 | -544.9% | $43.80 Million | $-8.04 Million | $45.21 Million | $1.41 Million | — |