Goldenbridge Acquisition Limited (GBRGW) — 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. See GBRGW net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Goldenbridge Acquisition Limited Working Capital to Net Assets (2019–2022)
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. Check GBRGW tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Goldenbridge Acquisition Limited (2019–2022)
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 live market cap and the full company profile, see Goldenbridge Acquisition Limited market cap and net worth.
| 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 | — |