DigiAsia Corp Working Capital to Net Assets Ratio
DigiAsia Corp working capital to net assets ratio. DigiAsia Corp (FAAS) has a Working Capital to Net Assets ratio of -138.8% as of June 2024. Working capital of $-12.74 Million (current assets of $47.33 Million minus current liabilities of $60.06 Million) is measured against net assets of $9.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check DigiAsia Corp tangible net worth 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 DigiAsia Corp (2021–2023)
Working capital to net assets ratio of DigiAsia Corp from 2021 to 2023. This chart shows how DigiAsia Corp's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at -138.8%, reflecting working capital of $-12.74 Million against net assets of $9.18 Million USD. See FAAS days of operational coverage to measure how many days the company can operate on defensive assets alone.
DigiAsia Corp Working Capital to Net Assets Ratio by Year (2021–2023)
DigiAsia Corp working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for DigiAsia Corp from 2021 to 2023, covering 3 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 how large is DigiAsia Corp's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -37.2% | $-4.87 Million | $13.10 Million | $104.86K | $4.98 Million | ▼ -24.7 pp |
| 2022 | -12.5% | $-2.24 Million | $17.94 Million | $5.44 Million | $7.68 Million | ▼ -9.9 pp |
| 2021 | -2.6% | $-396.88K | $15.24 Million | $10.00 Million | $10.39 Million | — |