Edgio, Inc. Working Capital to Net Assets Ratio
Edgio, Inc. working capital to net assets ratio. Edgio, Inc. (EGIOQ) has a Working Capital to Net Assets ratio of -14.7% as of September 2023. Working capital of $-22.65 Million (current assets of $129.40 Million minus current liabilities of $152.05 Million) is measured against net assets of $153.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check EGIOQ intangible-adjusted equity 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 Edgio, Inc. (2019–2022)
Working capital to net assets ratio of Edgio, Inc. from 2019 to 2022. This chart shows how Edgio, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at -14.7%, reflecting working capital of $-22.65 Million against net assets of $153.60 Million USD. See Edgio, Inc. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Edgio, Inc. Working Capital to Net Assets Ratio by Year (2019–2022)
Edgio, Inc. working capital to net assets ratio by year from 2019 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Edgio, Inc. from 2019 to 2022, 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. For the complete balance sheet picture, see Edgio, Inc. (EGIOQ) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 17.9% | $42.86 Million | $239.32 Million | $195.12 Million | $152.26 Million | ▼ -49.6 pp |
| 2021 | 67.5% | $89.13 Million | $132.07 Million | $130.68 Million | $41.55 Million | ▼ -15.4 pp |
| 2020 | 82.9% | $145.26 Million | $175.19 Million | $171.05 Million | $25.80 Million | ▲ +62.4 pp |
| 2019 | 20.5% | $34.19 Million | $166.54 Million | $62.81 Million | $28.63 Million | — |