Kineta, Inc. (KANT) — Working Capital to Net Assets Ratio
Kineta, Inc. (KANT) has a Working Capital to Net Assets ratio of 100.9% as of June 2024. Working capital of $-8.05 Million (current assets of $1.33 Million minus current liabilities of $9.38 Million) is measured against net assets of $-7.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kineta, Inc. balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kineta, Inc. Working Capital to Net Assets (2020–2023)
This chart shows how Kineta, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at 100.9%, reflecting working capital of $-8.05 Million against net assets of $-7.98 Million USD. Check how tangible is Kineta, Inc.'s equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Kineta, Inc. (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kineta, Inc. from 2020 to 2023, covering 4 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 KANT market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -35.8% | $-1.09 Million | $3.06 Million | $5.98 Million | $7.07 Million | ▼ -82.0 pp |
| 2022 | 46.2% | $2.11 Million | $4.57 Million | $13.60 Million | $11.49 Million | ▲ +19.8 pp |
| 2021 | 26.5% | $-3.16 Million | $-11.95 Million | $11.22 Million | $14.38 Million | ▲ +24.6 pp |
| 2020 | 1.8% | $-390.00K | $-21.55 Million | $11.52 Million | $11.91 Million | — |