Cartica Acquisition Corp (CITE) — Working Capital to Net Assets Ratio

Latest as of June 2025: -109.9%

Cartica Acquisition Corp (CITE) has a Working Capital to Net Assets ratio of -109.9% as of June 2025. Working capital of $-8.17 Million (current assets of $2.91K minus current liabilities of $8.17 Million) is measured against net assets of $7.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cartica Acquisition Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-109.9%
Working Capital / Net Assets

Working Capital

$-8.17 Million
USD

Current Assets

$2.91K
USD

Current Liabilities

$8.17 Million
USD

Cartica Acquisition Corp Working Capital to Net Assets (2021–2024)

This chart shows how Cartica Acquisition Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at -109.9%, reflecting working capital of $-8.17 Million against net assets of $7.43 Million USD. For the complete balance sheet picture, see CITE current and non-current assets.

Annual Working Capital to Net Assets for Cartica Acquisition Corp (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Cartica Acquisition Corp 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. Check Cartica Acquisition Corp (CITE) asset resilience to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2024 -61.2% $-7.19 Million $11.76 Million $22.72K $7.22 Million ▼ -59.5 pp
2023 -1.6% $-723.23K $44.60 Million $97.54K $820.77K ▼ -2.2 pp
2022 0.6% $1.32 Million $231.30 Million $1.42 Million $103.03K ▼ -269.9 pp
2021 270.5% $-658.41K $-243.39K $965.00 $659.38K
pp = percentage points