Gracell Biotechnologies Inc. (GRCL) — Working Capital to Net Assets Ratio
Gracell Biotechnologies Inc. (GRCL) has a Working Capital to Net Assets ratio of 95.3% as of September 2023. Working capital of $1.54 Billion (current assets of $1.77 Billion minus current liabilities of $229.48 Million) is measured against net assets of $1.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gracell Biotechnologies Inc. (GRCL) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gracell Biotechnologies Inc. Working Capital to Net Assets (2018–2022)
This chart shows how Gracell Biotechnologies Inc.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2018 to 2022. As of September 2023, the ratio stands at 95.3%, reflecting working capital of $1.54 Billion against net assets of $1.62 Billion USD. Check tangible equity quality of Gracell Biotechnologies Inc. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gracell Biotechnologies Inc. (2018–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gracell Biotechnologies Inc. 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 the complete balance sheet picture, see GRCL total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 92.7% | $1.28 Billion | $1.38 Billion | $1.50 Billion | $220.64 Million | ▼ -2.0 pp |
| 2021 | 94.7% | $1.73 Billion | $1.83 Billion | $1.89 Billion | $155.12 Million | ▲ +6.6 pp |
| 2020 | 88.1% | $722.11 Million | $819.66 Million | $815.47 Million | $93.36 Million | ▼ -38.1 pp |
| 2019 | 126.2% | $322.19 Million | $255.36 Million | $340.35 Million | $18.17 Million | ▼ -4931.4 pp |
| 2018 | 5057.6% | $120.52 Million | $2.38 Million | $127.96 Million | $7.44 Million | — |