icad inc Working Capital to Net Assets Ratio
icad inc working capital to net assets ratio. icad inc (ICAD) has a Working Capital to Net Assets ratio of 66.4% as of March 2025. Working capital of $20.43 Million (current assets of $28.12 Million minus current liabilities of $7.69 Million) is measured against net assets of $30.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check icad inc (ICAD) tangible net worth 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 icad inc (1987–2024)
Working capital to net assets ratio of icad inc from 1987 to 2024. This chart shows how icad inc's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1987 to 2024. As of March 2025, the ratio stands at 66.4%, reflecting working capital of $20.43 Million against net assets of $30.79 Million USD. See ICAD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
icad inc Working Capital to Net Assets Ratio by Year (1987–2024)
icad inc working capital to net assets ratio by year from 1987 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for icad inc from 1987 to 2024, covering 38 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 icad inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 65.8% | $18.87 Million | $28.68 Million | $26.43 Million | $7.56 Million | ▼ -2.8 pp |
| 2023 | 68.6% | $22.93 Million | $33.42 Million | $29.68 Million | $6.75 Million | ▼ -2.4 pp |
| 2022 | 71.0% | $24.79 Million | $34.90 Million | $38.24 Million | $13.45 Million | ▼ -5.0 pp |
| 2021 | 76.0% | $35.34 Million | $46.52 Million | $50.31 Million | $14.96 Million | ▼ -7.7 pp |
| 2020 | 83.7% | $25.55 Million | $30.52 Million | $42.30 Million | $16.75 Million | ▼ -120.6 pp |
| 2019 | 204.3% | $10.36 Million | $5.07 Million | $29.20 Million | $18.84 Million | ▲ +88.7 pp |
| 2018 | 115.6% | $7.97 Million | $6.90 Million | $21.22 Million | $13.24 Million | ▲ +51.6 pp |
| 2017 | 64.0% | $9.14 Million | $14.28 Million | $21.21 Million | $12.07 Million | ▲ +35.7 pp |
| 2016 | 28.3% | $7.08 Million | $25.04 Million | $19.93 Million | $12.86 Million | ▼ -12.9 pp |
| 2015 | 41.2% | $13.49 Million | $32.75 Million | $27.77 Million | $14.28 Million | ▲ +5.2 pp |
| 2014 | 35.9% | $22.57 Million | $62.78 Million | $44.62 Million | $22.05 Million | ▲ +37.9 pp |
| 2013 | -1.9% | $-409.00K | $21.38 Million | $22.04 Million | $22.45 Million | ▼ -26.8 pp |
| 2012 | 24.9% | $6.89 Million | $27.66 Million | $21.53 Million | $14.64 Million | ▲ +28.7 pp |
| 2011 | -3.8% | $-1.38 Million | $36.05 Million | $11.11 Million | $12.48 Million | ▼ -18.0 pp |
| 2010 | 14.2% | $10.42 Million | $73.21 Million | $23.73 Million | $13.31 Million | ▼ -9.4 pp |
| 2009 | 23.7% | $15.70 Million | $66.31 Million | $22.43 Million | $6.73 Million | ▲ +3.0 pp |
| 2008 | 20.6% | $13.69 Million | $66.29 Million | $20.59 Million | $6.90 Million | ▲ +15.9 pp |
| 2007 | 4.8% | $2.33 Million | $48.85 Million | $12.95 Million | $10.62 Million | ▼ -3.7 pp |
| 2006 | 8.5% | $4.07 Million | $47.97 Million | $10.56 Million | $6.49 Million | ▲ +2.6 pp |
| 2005 | 5.9% | $3.09 Million | $52.73 Million | $11.26 Million | $8.17 Million | ▼ -8.7 pp |
| 2004 | 14.6% | $8.30 Million | $56.97 Million | $14.29 Million | $5.99 Million | ▲ +7.6 pp |
| 2003 | 7.0% | $3.35 Million | $47.90 Million | $11.12 Million | $7.76 Million | ▲ +12.6 pp |
| 2002 | -5.6% | $-1.20 Million | $21.46 Million | $3.12 Million | $4.31 Million | ▼ -83.2 pp |
| 2001 | 77.6% | $1.58 Million | $2.04 Million | $3.59 Million | $2.00 Million | ▼ -23.6 pp |
| 2000 | 101.2% | $2.94 Million | $2.90 Million | $5.08 Million | $2.14 Million | ▲ +17.9 pp |
| 1999 | 83.3% | $2.50 Million | $3.00 Million | $4.50 Million | $2.00 Million | ▼ -29.7 pp |
| 1998 | 113.0% | $2.60 Million | $2.30 Million | $4.80 Million | $2.20 Million | ▲ +1.3 pp |
| 1997 | 111.8% | $3.80 Million | $3.40 Million | $5.30 Million | $1.50 Million | ▼ -51.6 pp |
| 1996 | 163.4% | $6.70 Million | $4.10 Million | $9.70 Million | $3.00 Million | ▲ +46.9 pp |
| 1995 | 116.5% | $9.90 Million | $8.50 Million | $14.10 Million | $4.20 Million | ▲ +27.5 pp |
| 1994 | 89.0% | $12.10 Million | $13.60 Million | $16.90 Million | $4.80 Million | ▼ -1.4 pp |
| 1993 | 90.4% | $11.30 Million | $12.50 Million | $13.80 Million | $2.50 Million | ▼ -15.1 pp |
| 1992 | 105.5% | $13.40 Million | $12.70 Million | $16.00 Million | $2.60 Million | ▼ -6.7 pp |
| 1991 | 112.2% | $9.20 Million | $8.20 Million | $11.90 Million | $2.70 Million | ▲ +13.0 pp |
| 1990 | 99.2% | $13.00 Million | $13.10 Million | $18.60 Million | $5.60 Million | ▲ +13.0 pp |
| 1989 | 86.3% | $13.20 Million | $15.30 Million | $17.90 Million | $4.70 Million | ▼ -28.9 pp |
| 1988 | 115.2% | $9.10 Million | $7.90 Million | $13.50 Million | $4.40 Million | ▲ +140.9 pp |
| 1987 | -25.7% | $900.00K | $-3.50 Million | $4.20 Million | $3.30 Million | — |