Foxx Development Holdings Inc. (FOXX) — Working Capital to Net Assets Ratio
Foxx Development Holdings Inc. (FOXX) has a Working Capital to Net Assets ratio of 52.0% as of March 2026. Working capital of $-24.86 Million (current assets of $15.03 Million minus current liabilities of $39.88 Million) is measured against net assets of $-47.82 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FOXX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Foxx Development Holdings Inc. Working Capital to Net Assets (2022–2025)
This chart shows how Foxx Development Holdings Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 52.0%, reflecting working capital of $-24.86 Million against net assets of $-47.82 Million USD. For the complete balance sheet picture, see FOXX total asset value.
Annual Working Capital to Net Assets for Foxx Development Holdings Inc. (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Foxx Development Holdings Inc. from 2022 to 2025, 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. Read Foxx Development Holdings Inc. (FOXX) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 125.9% | $-6.75 Million | $-5.36 Million | $23.65 Million | $30.40 Million | ▲ +10.5 pp |
| 2024 | 115.3% | $-4.62 Million | $-4.00 Million | $4.33 Million | $8.95 Million | ▲ +5.0 pp |
| 2023 | 110.3% | $-630.47K | $-571.79K | $1.84 Million | $2.47 Million | ▲ +10.2 pp |
| 2022 | 100.0% | $-630.26K | $-629.99K | $605.64K | $1.24 Million | — |