Inovio Pharmaceuticals Inc (INO) — Working Capital to Net Assets Ratio
Inovio Pharmaceuticals Inc (INO) has a Working Capital to Net Assets ratio of 189.7% as of September 2025. Working capital of $-14.64 Million (current assets of $55.18 Million minus current liabilities of $69.82 Million) is measured against net assets of $-7.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See INO equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Inovio Pharmaceuticals Inc Working Capital to Net Assets (1998–2024)
This chart shows how Inovio Pharmaceuticals Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 189.7%, reflecting working capital of $-14.64 Million against net assets of $-7.72 Million USD. Check Inovio Pharmaceuticals Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Inovio Pharmaceuticals Inc (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Inovio Pharmaceuticals Inc from 1998 to 2024, covering 27 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 Inovio Pharmaceuticals Inc (INO) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 91.2% | $62.50 Million | $68.50 Million | $97.83 Million | $35.33 Million | ▼ -3.0 pp |
| 2023 | 94.2% | $110.54 Million | $117.35 Million | $153.11 Million | $42.57 Million | ▼ -4.0 pp |
| 2022 | 98.2% | $218.37 Million | $222.36 Million | $315.24 Million | $96.87 Million | ▲ +2.5 pp |
| 2021 | 95.8% | $382.70 Million | $399.67 Million | $448.44 Million | $65.74 Million | ▲ +2.6 pp |
| 2020 | 93.1% | $429.46 Million | $461.14 Million | $471.17 Million | $41.71 Million | ▼ -1057.9 pp |
| 2019 | 1151.0% | $62.21 Million | $5.40 Million | $94.20 Million | $31.99 Million | ▲ +1090.7 pp |
| 2018 | 60.3% | $52.52 Million | $87.03 Million | $87.81 Million | $35.30 Million | ▼ -11.9 pp |
| 2017 | 72.3% | $102.96 Million | $142.49 Million | $138.36 Million | $35.41 Million | ▲ +6.8 pp |
| 2016 | 65.5% | $80.77 Million | $123.38 Million | $124.60 Million | $43.82 Million | ▼ -14.3 pp |
| 2015 | 79.8% | $140.38 Million | $175.93 Million | $171.85 Million | $31.47 Million | ▲ +3.7 pp |
| 2014 | 76.1% | $84.86 Million | $111.54 Million | $98.95 Million | $14.09 Million | ▲ +19.9 pp |
| 2013 | 56.2% | $29.72 Million | $52.90 Million | $58.68 Million | $28.97 Million | ▲ +34.4 pp |
| 2012 | 21.8% | $7.59 Million | $34.86 Million | $15.97 Million | $8.38 Million | ▼ -21.8 pp |
| 2011 | 43.6% | $20.86 Million | $47.86 Million | $31.91 Million | $11.04 Million | ▲ +8.7 pp |
| 2010 | 34.9% | $16.44 Million | $47.10 Million | $22.88 Million | $6.44 Million | ▼ -6.3 pp |
| 2009 | 41.2% | $25.22 Million | $61.18 Million | $44.57 Million | $19.35 Million | ▲ +38.3 pp |
| 2008 | 2.9% | $554.17K | $19.11 Million | $15.26 Million | $14.71 Million | ▼ -79.7 pp |
| 2007 | 82.6% | $25.65 Million | $31.03 Million | $29.00 Million | $3.35 Million | ▲ +7.7 pp |
| 2006 | 74.9% | $17.61 Million | $23.50 Million | $24.47 Million | $6.86 Million | ▲ +14.5 pp |
| 2005 | 60.4% | $14.19 Million | $23.47 Million | $18.32 Million | $4.14 Million | ▼ -23.4 pp |
| 2004 | 83.8% | $13.04 Million | $15.55 Million | $18.44 Million | $5.40 Million | ▲ +0.2 pp |
| 2003 | 83.7% | $12.59 Million | $15.05 Million | $13.75 Million | $1.16 Million | ▲ +55.8 pp |
| 2002 | 27.9% | $1.04 Million | $3.73 Million | $2.70 Million | $1.66 Million | ▼ -12.4 pp |
| 2001 | 40.3% | $2.00 Million | $4.96 Million | $3.61 Million | $1.61 Million | ▼ -27.8 pp |
| 2000 | 68.1% | $6.74 Million | $9.89 Million | $8.25 Million | $1.51 Million | ▼ -12.2 pp |
| 1999 | 80.4% | $9.51 Million | $11.83 Million | $11.61 Million | $2.11 Million | ▲ +5.7 pp |
| 1998 | 74.7% | $6.20 Million | $8.30 Million | $7.60 Million | $1.40 Million | — |