Lantern Pharma Inc (LTRN) — Working Capital to Net Assets Ratio
Lantern Pharma Inc (LTRN) has a Working Capital to Net Assets ratio of 98.3% as of September 2025. Working capital of $9.42 Million (current assets of $13.46 Million minus current liabilities of $4.04 Million) is measured against net assets of $9.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Lantern Pharma Inc (LTRN) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lantern Pharma Inc Working Capital to Net Assets (2018–2024)
This chart shows how Lantern Pharma Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 98.3%, reflecting working capital of $9.42 Million against net assets of $9.59 Million USD. Check LTRN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Lantern Pharma Inc (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lantern Pharma Inc from 2018 to 2024, covering 7 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 Lantern Pharma Inc (LTRN) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 98.7% | $20.92 Million | $21.19 Million | $25.25 Million | $4.33 Million | ▼ -0.7 pp |
| 2023 | 99.4% | $40.66 Million | $40.91 Million | $43.34 Million | $2.68 Million | ▼ -0.4 pp |
| 2022 | 99.8% | $55.92 Million | $56.04 Million | $58.72 Million | $2.80 Million | ▲ +1.4 pp |
| 2021 | 98.3% | $70.39 Million | $71.57 Million | $72.72 Million | $2.33 Million | ▼ -1.6 pp |
| 2020 | 99.9% | $19.68 Million | $19.70 Million | $20.24 Million | $552.34K | ▲ +21.1 pp |
| 2019 | 78.8% | $743.53K | $943.28K | $1.23 Million | $489.29K | ▼ -23.5 pp |
| 2018 | 102.3% | $-206.47K | $-201.80K | $445.16K | $651.63K | — |