Goldenbridge Acquisition Limited Working Capital to Net Assets Ratio
Goldenbridge Acquisition Limited working capital to net assets ratio. Goldenbridge Acquisition Limited (GBRGW) has a Working Capital to Net Assets ratio of -15.5% as of March 2023. Working capital of $-2.25 Million (current assets of $13.15K minus current liabilities of $2.26 Million) is measured against net assets of $14.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GBRGW goodwill-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 Goldenbridge Acquisition Limited (2019–2022)
Working capital to net assets ratio of Goldenbridge Acquisition Limited from 2019 to 2022. This chart shows how Goldenbridge Acquisition Limited's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2019 to 2022. As of March 2023, the ratio stands at -15.5%, reflecting working capital of $-2.25 Million against net assets of $14.50 Million USD. See Goldenbridge Acquisition Limited (GBRGW) liquidity interval to measure how many days the company can operate on defensive assets alone.
Goldenbridge Acquisition Limited Working Capital to Net Assets Ratio by Year (2019–2022)
Goldenbridge Acquisition Limited 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 Goldenbridge Acquisition Limited 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 Goldenbridge Acquisition Limited total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -1.0% | $-554.34K | $55.35 Million | $110.64K | $664.98K | ▼ -2.4 pp |
| 2021 | 1.4% | $801.10K | $55.55 Million | $888.58K | $87.48K | ▲ +0.0 pp |
| 2020 | 1.4% | $801.10K | $55.55 Million | $888.58K | $87.48K | ▼ -98.6 pp |
| 2019 | 100.0% | $-9.62K | $-9.62K | $76.32K | $85.94K | — |