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.
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. For the complete balance sheet picture, see KANT total asset value.
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. Read KANT liabilities breakdown for a breakdown of total debt and financial obligations.
| 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 | — |