Elevation Oncology Inc (ELEV) — Working Capital to Net Assets Ratio
Elevation Oncology Inc (ELEV) has a Working Capital to Net Assets ratio of 166.8% as of March 2025. Working capital of $77.96 Million (current assets of $82.19 Million minus current liabilities of $4.24 Million) is measured against net assets of $46.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Elevation Oncology Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elevation Oncology Inc Working Capital to Net Assets (2019–2024)
This chart shows how Elevation Oncology Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of March 2025, the ratio stands at 166.8%, reflecting working capital of $77.96 Million against net assets of $46.73 Million USD. Check Elevation Oncology Inc (ELEV) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Elevation Oncology Inc (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elevation Oncology Inc from 2019 to 2024, covering 6 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 ELEV market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 150.4% | $90.26 Million | $60.02 Million | $94.73 Million | $4.47 Million | ▼ -2.6 pp |
| 2023 | 152.9% | $83.82 Million | $54.81 Million | $87.96 Million | $4.14 Million | ▼ -4.7 pp |
| 2022 | 157.6% | $77.28 Million | $49.03 Million | $92.98 Million | $15.69 Million | ▲ +57.7 pp |
| 2021 | 100.0% | $140.63 Million | $140.70 Million | $149.42 Million | $8.79 Million | ▲ +420.6 pp |
| 2020 | -320.6% | $74.00 Million | $-23.08 Million | $80.79 Million | $6.79 Million | ▼ -298.2 pp |
| 2019 | -22.4% | $1.32 Million | $-5.87 Million | $1.91 Million | $597.00K | — |