DigiAsia Corp (FAAS) — 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. See DigiAsia Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
DigiAsia Corp Working Capital to Net Assets (2021–2023)
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. For the complete balance sheet picture, see DigiAsia Corp total assets.
Annual Working Capital to Net Assets for DigiAsia Corp (2021–2023)
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. Explore DigiAsia Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.
| 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 | — |