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 Goldenbridge Acquisition Limited 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
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. For the complete balance sheet picture, see Goldenbridge Acquisition Limited asset portfolio.
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. Check how resilient are Goldenbridge Acquisition Limited's assets to evaluate the company's liquid asset resilience ratio.
| 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 | — |