Hempacco Co., Inc. Working Capital to Net Assets Ratio
Hempacco Co., Inc. working capital to net assets ratio. Hempacco Co., Inc. (HPCO) has a Working Capital to Net Assets ratio of 1233.4% as of June 2024. Working capital of $-9.61 Million (current assets of $3.28 Million minus current liabilities of $12.89 Million) is measured against net assets of $-779.33K. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Hempacco Co., Inc. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hempacco Co., Inc. (2019–2024)
Working capital to net assets ratio of Hempacco Co., Inc. from 2019 to 2024. This chart shows how Hempacco Co., Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2024, the ratio stands at 1233.4%, reflecting working capital of $-9.61 Million against net assets of $-779.33K USD. See Hempacco Co., Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Hempacco Co., Inc. Working Capital to Net Assets Ratio by Year (2019–2024)
Hempacco Co., Inc. working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Hempacco Co., Inc. from 2019 to 2024, covering 6 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 Hempacco Co., Inc. asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1233.4% | $-9.61 Million | $-779.33K | $3.28 Million | $12.89 Million | ▲ +0.0 pp |
| 2023 | 1233.4% | $-9.61 Million | $-779.33K | $3.28 Million | $12.89 Million | ▲ +1228.3 pp |
| 2022 | 5.1% | $387.37K | $7.56 Million | $1.91 Million | $1.52 Million | ▲ +76.6 pp |
| 2021 | -71.5% | $-2.05 Million | $2.87 Million | $2.12 Million | $4.17 Million | ▲ +55.8 pp |
| 2020 | -127.3% | $-2.83 Million | $2.22 Million | $101.46K | $2.93 Million | ▼ -87.9 pp |
| 2019 | -39.4% | $-1.41 Million | $3.59 Million | $642.39K | $2.06 Million | — |