T3 Defense Inc. (DFNS) — Working Capital to Net Assets Ratio
T3 Defense Inc. (DFNS) has a Working Capital to Net Assets ratio of -84.5% as of June 2026. Working capital of $-131.95 Million (current assets of $21.24 Million minus current liabilities of $153.19 Million) is measured against net assets of $156.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
T3 Defense Inc. Working Capital to Net Assets (2021–2025)
This chart shows how T3 Defense Inc.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at -84.5%, reflecting working capital of $-131.95 Million against net assets of $156.23 Million USD. Explore long-term investment intensity of T3 Defense Inc. to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for T3 Defense Inc. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for T3 Defense Inc. from 2021 to 2025, covering 5 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 T3 Defense Inc. (DFNS) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -19.1% | $-29.99 Million | $157.20 Million | $13.55 Million | $43.55 Million | ▼ -105.1 pp |
| 2024 | 86.0% | $-6.10 Million | $-7.10 Million | $965.71K | $7.07 Million | ▼ -14.0 pp |
| 2023 | 100.0% | $-6.20 Million | $-6.19 Million | $2.93 Million | $9.12 Million | ▲ +134.8 pp |
| 2022 | -34.8% | $-3.79 Million | $10.89 Million | $3.69 Million | $7.47 Million | ▼ -17.4 pp |
| 2021 | -17.4% | $-1.59 Million | $9.16 Million | $5.06 Million | $6.66 Million | — |