Gaming Technologies Inc. Common Stock (GMGT) — Working Capital to Net Assets Ratio
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 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. For the complete balance sheet picture, see total assets of Gaming Technologies Inc. Common Stock.
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. Check how resilient are Gaming Technologies Inc. Common Stock'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 | 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 | — |