icad inc (ICAD) — 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. See ICAD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
icad inc Working Capital to Net Assets (1987–2024)
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. For the complete balance sheet picture, see ICAD total assets.
Annual Working Capital to Net Assets for icad inc (1987–2024)
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. Check icad inc liquid asset ratio 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 | 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 | — |