Can B Corp (CANB) — Working Capital to Net Assets Ratio
Can B Corp (CANB) has a Working Capital to Net Assets ratio of 102.7% as of September 2024. Working capital of $-10.05 Million (current assets of $1.59 Million minus current liabilities of $11.64 Million) is measured against net assets of $-9.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Can B Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Can B Corp Working Capital to Net Assets (2011–2023)
This chart shows how Can B Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2011 to 2023. As of September 2024, the ratio stands at 102.7%, reflecting working capital of $-10.05 Million against net assets of $-9.79 Million USD. For the complete balance sheet picture, see CANB current and non-current assets.
Annual Working Capital to Net Assets for Can B Corp (2011–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Can B Corp from 2011 to 2023, covering 13 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 CANB cash and liquid asset ratio 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 | 573.6% | $-5.75 Million | $-1.00 Million | $5.38 Million | $11.13 Million | ▲ +711.4 pp |
| 2022 | -137.9% | $-3.72 Million | $2.70 Million | $8.70 Million | $12.42 Million | ▼ -87.9 pp |
| 2021 | -50.0% | $-2.81 Million | $5.62 Million | $6.65 Million | $9.46 Million | ▼ -105.1 pp |
| 2020 | 55.1% | $1.79 Million | $3.26 Million | $4.02 Million | $2.23 Million | ▲ +9.8 pp |
| 2019 | 45.3% | $2.88 Million | $6.37 Million | $3.39 Million | $505.67K | ▲ +18.3 pp |
| 2018 | 26.9% | $939.58K | $3.49 Million | $1.14 Million | $204.79K | ▼ -76.6 pp |
| 2017 | 103.6% | $-1.79 Million | $-1.73 Million | $157.47K | $1.95 Million | ▼ -14.0 pp |
| 2016 | 117.6% | $-605.13K | $-514.59K | $46.44K | $651.57K | ▲ +86.1 pp |
| 2015 | 31.5% | $31.49K | $99.99K | $74.28K | $42.79K | ▲ +103.9 pp |
| 2014 | -72.4% | $-71.55K | $98.82K | $100.47K | $172.02K | ▲ +111.8 pp |
| 2013 | -184.2% | $-113.13K | $61.42K | $5.64K | $118.77K | ▲ +434.0 pp |
| 2012 | -618.1% | $-214.63K | $34.72K | $21.69K | $236.33K | ▼ -623.0 pp |
| 2011 | 4.8% | $56.93K | $1.18 Million | $59.30K | $2.37K | — |