Heron Therapeuti (HRTX) — Working Capital to Net Assets Ratio
Heron Therapeuti (HRTX) has a Working Capital to Net Assets ratio of 1515.5% as of March 2026. Working capital of $138.47 Million (current assets of $228.98 Million minus current liabilities of $90.52 Million) is measured against net assets of $9.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Heron Therapeuti free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Heron Therapeuti Working Capital to Net Assets (1987–2025)
This chart shows how Heron Therapeuti's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of March 2026, the ratio stands at 1515.5%, reflecting working capital of $138.47 Million against net assets of $9.14 Million USD. See Heron Therapeuti (HRTX) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Heron Therapeuti (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Heron Therapeuti from 1987 to 2025, covering 39 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 HRTX stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 990.5% | $141.97 Million | $14.33 Million | $238.07 Million | $96.10 Million | ▲ +1339.8 pp |
| 2024 | -349.3% | $117.56 Million | $-33.65 Million | $209.01 Million | $91.46 Million | ▼ -28.2 pp |
| 2023 | -321.1% | $109.09 Million | $-33.97 Million | $188.77 Million | $79.69 Million | ▼ -1228.0 pp |
| 2022 | 906.9% | $123.08 Million | $13.57 Million | $205.44 Million | $82.36 Million | ▲ +670.5 pp |
| 2021 | 236.4% | $183.37 Million | $77.57 Million | $254.42 Million | $71.06 Million | ▲ +146.9 pp |
| 2020 | 89.5% | $211.69 Million | $236.49 Million | $314.20 Million | $102.50 Million | ▼ -5.2 pp |
| 2019 | 94.7% | $382.36 Million | $403.83 Million | $479.06 Million | $96.70 Million | ▼ -1.3 pp |
| 2018 | 96.0% | $355.23 Million | $370.16 Million | $447.25 Million | $92.02 Million | ▲ +0.7 pp |
| 2017 | 95.2% | $124.89 Million | $131.14 Million | $228.06 Million | $103.17 Million | ▲ +205.4 pp |
| 2016 | -110.2% | $23.41 Million | $-21.25 Million | $62.14 Million | $38.73 Million | ▼ -207.5 pp |
| 2015 | 97.4% | $115.02 Million | $118.11 Million | $134.75 Million | $19.73 Million | ▲ +2.1 pp |
| 2014 | 95.3% | $60.11 Million | $63.06 Million | $73.73 Million | $13.62 Million | ▼ -0.3 pp |
| 2013 | 95.6% | $65.93 Million | $68.94 Million | $72.92 Million | $6.99 Million | ▼ -0.7 pp |
| 2012 | 96.4% | $49.94 Million | $51.82 Million | $54.09 Million | $4.15 Million | ▲ +4.0 pp |
| 2011 | 92.4% | $14.55 Million | $15.75 Million | $18.24 Million | $3.69 Million | ▲ +20.8 pp |
| 2010 | 71.5% | $941.00K | $1.32 Million | $2.50 Million | $1.56 Million | ▼ -23.1 pp |
| 2009 | 94.6% | $6.43 Million | $6.80 Million | $8.31 Million | $1.89 Million | ▼ -5.9 pp |
| 2008 | 100.4% | $7.63 Million | $7.60 Million | $10.82 Million | $3.19 Million | ▲ +0.0 pp |
| 2007 | 100.4% | $29.59 Million | $29.47 Million | $35.80 Million | $6.21 Million | ▲ +0.8 pp |
| 2006 | 99.6% | $12.01 Million | $12.06 Million | $16.21 Million | $4.19 Million | ▲ +20.9 pp |
| 2005 | 78.7% | $4.88 Million | $6.20 Million | $7.65 Million | $2.77 Million | ▼ -10.6 pp |
| 2004 | 89.3% | $12.64 Million | $14.15 Million | $15.50 Million | $2.86 Million | ▲ +6.1 pp |
| 2003 | 83.2% | $9.37 Million | $11.26 Million | $11.26 Million | $1.89 Million | ▼ -7.3 pp |
| 2002 | 90.4% | $13.98 Million | $15.46 Million | $15.97 Million | $2.00 Million | ▼ -3.8 pp |
| 2001 | 94.3% | $18.07 Million | $19.17 Million | $21.62 Million | $3.55 Million | ▼ -0.7 pp |
| 2000 | 94.9% | $20.09 Million | $21.16 Million | $25.05 Million | $4.96 Million | ▲ +16.6 pp |
| 1999 | 78.3% | $9.40 Million | $12.00 Million | $13.80 Million | $4.40 Million | ▲ +41.8 pp |
| 1998 | 36.6% | $5.30 Million | $14.50 Million | $12.80 Million | $7.50 Million | ▼ -5.6 pp |
| 1997 | 42.2% | $4.30 Million | $10.20 Million | $15.20 Million | $10.90 Million | ▼ -33.8 pp |
| 1996 | 76.0% | $3.80 Million | $5.00 Million | $11.70 Million | $7.90 Million | ▼ -20.2 pp |
| 1995 | 96.2% | $5.00 Million | $5.20 Million | $16.50 Million | $11.50 Million | ▲ +47.8 pp |
| 1994 | 48.3% | $5.70 Million | $11.80 Million | $16.40 Million | $10.70 Million | ▲ +4.5 pp |
| 1993 | 43.8% | $4.60 Million | $10.50 Million | $15.10 Million | $10.50 Million | ▼ -29.0 pp |
| 1992 | 72.8% | $14.70 Million | $20.20 Million | $19.10 Million | $4.40 Million | ▲ +0.9 pp |
| 1991 | 71.9% | $2.30 Million | $3.20 Million | $4.70 Million | $2.40 Million | ▲ +10.0 pp |
| 1990 | 61.9% | $3.90 Million | $6.30 Million | $6.20 Million | $2.30 Million | ▼ -23.4 pp |
| 1989 | 85.3% | $8.10 Million | $9.50 Million | $8.80 Million | $700.00K | ▼ -2.7 pp |
| 1988 | 88.0% | $11.70 Million | $13.30 Million | $12.30 Million | $600.00K | ▼ -3.9 pp |
| 1987 | 91.9% | $15.80 Million | $17.20 Million | $16.50 Million | $700.00K | — |