Coda Octopus Group Inc (CODA) — Working Capital to Net Assets Ratio
Coda Octopus Group Inc (CODA) has a Working Capital to Net Assets ratio of 77.7% as of April 2026. Working capital of $47.73 Million (current assets of $52.94 Million minus current liabilities of $5.21 Million) is measured against net assets of $61.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Coda Octopus Group Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Coda Octopus Group Inc Working Capital to Net Assets (2005–2025)
This chart shows how Coda Octopus Group Inc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of April 2026, the ratio stands at 77.7%, reflecting working capital of $47.73 Million against net assets of $61.41 Million USD. See Coda Octopus Group Inc (CODA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Coda Octopus Group Inc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Coda Octopus Group Inc from 2005 to 2025, covering 21 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 market cap of Coda Octopus Group Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 76.3% | $44.37 Million | $58.12 Million | $50.01 Million | $5.64 Million | ▲ +2.8 pp |
| 2024 | 73.6% | $39.08 Million | $53.13 Million | $42.98 Million | $3.90 Million | ▼ -4.1 pp |
| 2023 | 77.7% | $37.61 Million | $48.43 Million | $40.89 Million | $3.28 Million | ▲ +0.3 pp |
| 2022 | 77.3% | $33.54 Million | $43.38 Million | $37.01 Million | $3.47 Million | ▲ +1.1 pp |
| 2021 | 76.2% | $31.30 Million | $41.05 Million | $35.56 Million | $4.26 Million | ▲ +5.6 pp |
| 2020 | 70.7% | $24.30 Million | $34.40 Million | $27.69 Million | $3.38 Million | ▲ +1.7 pp |
| 2019 | 68.9% | $21.11 Million | $30.63 Million | $24.10 Million | $2.99 Million | ▲ +7.9 pp |
| 2018 | 61.0% | $14.88 Million | $24.39 Million | $18.12 Million | $3.24 Million | ▼ -19.5 pp |
| 2017 | 80.6% | $11.14 Million | $13.83 Million | $15.26 Million | $4.12 Million | ▼ -49.2 pp |
| 2016 | 129.7% | $-16.91 Million | $-13.04 Million | $5.69 Million | $22.60 Million | ▼ -100.4 pp |
| 2015 | 230.1% | $9.80 Million | $4.26 Million | $14.08 Million | $4.29 Million | ▼ -198.6 pp |
| 2014 | 428.7% | $11.59 Million | $2.70 Million | $15.03 Million | $3.44 Million | ▼ -860.7 pp |
| 2013 | 1289.4% | $11.60 Million | $899.80K | $14.96 Million | $3.35 Million | ▲ +1390.4 pp |
| 2012 | -101.0% | $5.53 Million | $-5.48 Million | $13.04 Million | $7.50 Million | ▼ -235.2 pp |
| 2011 | 134.2% | $-15.65 Million | $-11.67 Million | $7.90 Million | $23.56 Million | ▲ +4.5 pp |
| 2010 | 129.7% | $-16.91 Million | $-13.04 Million | $5.69 Million | $22.60 Million | ▲ +124.1 pp |
| 2009 | 5.6% | $-442.52K | $-7.92 Million | $7.38 Million | $7.82 Million | ▲ +762.7 pp |
| 2008 | -757.1% | $-4.89 Million | $646.19K | $11.34 Million | $16.23 Million | ▼ -805.5 pp |
| 2007 | 48.4% | $3.91 Million | $8.08 Million | $9.15 Million | $5.24 Million | ▲ +421.2 pp |
| 2006 | -372.8% | $-1.06 Million | $285.16K | $5.59 Million | $6.65 Million | ▼ -433.9 pp |
| 2005 | 61.1% | $298.62K | $488.67K | $5.72 Million | $5.42 Million | — |