Lucy Scientific Discovery Inc. (LSDIF) — Working Capital to Net Assets Ratio
Lucy Scientific Discovery Inc. (LSDIF) has a Working Capital to Net Assets ratio of -2647.2% as of December 2023. Working capital of $-2.15 Million (current assets of $1.34 Million minus current liabilities of $3.49 Million) is measured against net assets of $81.16K. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Lucy Scientific Discovery Inc. to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lucy Scientific Discovery Inc. Working Capital to Net Assets (2021–2023)
This chart shows how Lucy Scientific Discovery Inc.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at -2647.2%, reflecting working capital of $-2.15 Million against net assets of $81.16K USD. For the complete balance sheet picture, see LSDIF total asset value.
Annual Working Capital to Net Assets for Lucy Scientific Discovery Inc. (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lucy Scientific Discovery Inc. from 2021 to 2023, covering 3 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 how resilient are Lucy Scientific Discovery Inc.'s assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 23.8% | $1.11 Million | $4.68 Million | $3.82 Million | $2.71 Million | ▼ -58.1 pp |
| 2022 | 81.9% | $-3.91 Million | $-4.78 Million | $1.90 Million | $5.81 Million | ▲ +38.3 pp |
| 2021 | 43.5% | $-2.77 Million | $-6.36 Million | $2.01 Million | $4.77 Million | — |