Gaming Technologies Inc. Common Stock (GMGT) — Working Capital to Net Assets Ratio

Latest as of March 2023: 106.0%

Gaming Technologies Inc. Common Stock (GMGT) has a Working Capital to Net Assets ratio of 106.0% as of March 2023. Working capital of $-4.74 Million (current assets of $399.21K minus current liabilities of $5.14 Million) is measured against net assets of $-4.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gaming Technologies Inc. Common Stock balance sheet quality to measure how much of total assets are equity-financed.

WC/NA Ratio

106.0%
Working Capital / Net Assets

Working Capital

$-4.74 Million
USD

Current Assets

$399.21K
USD

Current Liabilities

$5.14 Million
USD

Gaming Technologies Inc. Common Stock Working Capital to Net Assets (2018–2022)

This chart shows how Gaming Technologies Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2018 to 2022. As of March 2023, the ratio stands at 106.0%, reflecting working capital of $-4.74 Million against net assets of $-4.47 Million USD. Check Gaming Technologies Inc. Common Stock (GMGT) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Gaming Technologies Inc. Common Stock (2018–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Gaming Technologies Inc. Common Stock from 2018 to 2022, covering 5 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 market cap of Gaming Technologies Inc. Common Stock.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2022 106.0% $-4.74 Million $-4.47 Million $399.21K $5.14 Million ▼ -1.1 pp
2021 107.1% $-2.11 Million $-1.97 Million $516.32K $2.63 Million ▲ +7.7 pp
2020 99.5% $1.59 Million $1.59 Million $1.98 Million $397.91K ▲ +50.1 pp
2019 49.4% $154.59K $313.20K $366.95K $212.36K ▼ -299.1 pp
2018 348.4% $-243.89K $-70.00K $95.37K $339.26K
pp = percentage points