HCM II Acquisition Corp. Unit (HONDU) — Working Capital to Net Assets Ratio
HCM II Acquisition Corp. Unit (HONDU) has a Working Capital to Net Assets ratio of -1.7% as of September 2025. Working capital of $-3.82 Million (current assets of $461.66K minus current liabilities of $4.28 Million) is measured against net assets of $228.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HCM II Acquisition Corp. Unit defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HCM II Acquisition Corp. Unit Working Capital to Net Assets (2021–2024)
This chart shows how HCM II Acquisition Corp. Unit's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2024. As of September 2025, the ratio stands at -1.7%, reflecting working capital of $-3.82 Million against net assets of $228.11 Million USD. For the complete balance sheet picture, see HONDU current and non-current assets.
Annual Working Capital to Net Assets for HCM II Acquisition Corp. Unit (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for HCM II Acquisition Corp. Unit from 2021 to 2024, covering 3 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 financial resilience of HCM II Acquisition Corp. Unit to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.2% | $361.54K | $224.89 Million | $820.17K | $458.62K | ▲ +0.3 pp |
| 2022 | -0.1% | $-303.49K | $281.64 Million | $980.17K | $1.28 Million | ▲ +3610.2 pp |
| 2021 | -3610.3% | $-332.65K | $9.21K | $158.00 | $332.81K | — |