Can B Corp Working Capital to Net Assets Ratio
Can B Corp 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. Check CANB goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Can B Corp (2011–2023)
Working capital to net assets ratio of Can B Corp from 2011 to 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. See Can B Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Can B Corp Working Capital to Net Assets Ratio by Year (2011–2023)
Can B Corp working capital to net assets ratio by year from 2011 to 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. For the complete balance sheet picture, see Can B Corp assets under control.
| 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 | — |