Effector Therapeutics Inc Working Capital to Net Assets Ratio
Effector Therapeutics Inc working capital to net assets ratio. Effector Therapeutics Inc (EFTR) has a Working Capital to Net Assets ratio of 82.3% as of March 2024. Working capital of $681.00K (current assets of $26.25 Million minus current liabilities of $25.57 Million) is measured against net assets of $827.00K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check EFTR tangible net assets 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 Effector Therapeutics Inc (2019–2023)
Working capital to net assets ratio of Effector Therapeutics Inc from 2019 to 2023. This chart shows how Effector Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2019 to 2023. As of March 2024, the ratio stands at 82.3%, reflecting working capital of $681.00K against net assets of $827.00K USD. See defensive interval ratio of Effector Therapeutics Inc to measure how many days the company can operate on defensive assets alone.
Effector Therapeutics Inc Working Capital to Net Assets Ratio by Year (2019–2023)
Effector Therapeutics Inc working capital to net assets ratio by year from 2019 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Effector Therapeutics Inc from 2019 to 2023, 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 Effector Therapeutics Inc (EFTR) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 102.8% | $-5.96 Million | $-5.79 Million | $19.84 Million | $25.80 Million | ▲ +27.4 pp |
| 2022 | 75.4% | $2.94 Million | $3.90 Million | $28.01 Million | $25.07 Million | ▼ -207.6 pp |
| 2021 | 283.0% | $48.92 Million | $17.28 Million | $52.90 Million | $3.98 Million | ▲ +288.9 pp |
| 2020 | -5.9% | $7.80 Million | $-132.25 Million | $16.58 Million | $8.78 Million | ▼ -111.8 pp |
| 2019 | 105.9% | $-14.66 Million | $-13.84 Million | $4.27 Million | $18.93 Million | — |