SeaStar Medical Holding Corporation (ICU) — Working Capital to Net Assets Ratio
SeaStar Medical Holding Corporation (ICU) has a Working Capital to Net Assets ratio of 94.5% as of December 2025. Working capital of $9.84 Million (current assets of $13.58 Million minus current liabilities of $3.74 Million) is measured against net assets of $10.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of SeaStar Medical Holding Corporation to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SeaStar Medical Holding Corporation Working Capital to Net Assets (2020–2025)
This chart shows how SeaStar Medical Holding Corporation's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 94.5%, reflecting working capital of $9.84 Million against net assets of $10.42 Million USD. See operational self-sufficiency of SeaStar Medical Holding Corporation to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for SeaStar Medical Holding Corporation (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SeaStar Medical Holding Corporation from 2020 to 2025, 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 live market cap and the full company profile, see ICU market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 94.5% | $9.84 Million | $10.42 Million | $13.58 Million | $3.74 Million | ▼ -46.4 pp |
| 2024 | 140.9% | $-3.08 Million | $-2.18 Million | $3.77 Million | $6.84 Million | ▲ +63.4 pp |
| 2023 | 77.4% | $-10.74 Million | $-13.87 Million | $2.31 Million | $13.05 Million | ▲ +7.0 pp |
| 2022 | 70.5% | $-14.63 Million | $-20.76 Million | $1.52 Million | $16.15 Million | ▼ -19.0 pp |
| 2021 | 89.5% | $-2.52 Million | $-2.82 Million | $601.00K | $3.12 Million | ▲ +92.0 pp |
| 2020 | -2.6% | $1.83 Million | $-71.58 Million | $2.91 Million | $1.08 Million | — |