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 77.2% as of January 2026. Working capital of $46.47 Million (current assets of $51.16 Million minus current liabilities of $4.69 Million) is measured against net assets of $60.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Coda Octopus Group Inc balance sheet independence to measure how much of total assets are equity-financed.
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 January 2026, the ratio stands at 77.2%, reflecting working capital of $46.47 Million against net assets of $60.19 Million USD. Check CODA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 Coda Octopus Group Inc (CODA) market capitalisation.
| 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 | — |