Maquia Capital Acquisition Corp Working Capital to Net Assets Ratio

Latest as of September 2024: 51.2%

Maquia Capital Acquisition Corp working capital to net assets ratio. Maquia Capital Acquisition Corp (MAQC) has a Working Capital to Net Assets ratio of 51.2% as of September 2024. Working capital of $-3.96 Million (current assets of $231.35K minus current liabilities of $4.19 Million) is measured against net assets of $-7.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Maquia Capital Acquisition Corp to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

51.2%
Working Capital / Net Assets

Working Capital

$-3.96 Million
USD

Current Assets

$231.35K
USD

Current Liabilities

$4.19 Million
USD

Working Capital to Net Assets Ratio of Maquia Capital Acquisition Corp (2021–2023)

Working capital to net assets ratio of Maquia Capital Acquisition Corp from 2021 to 2023. This chart shows how Maquia Capital Acquisition Corp's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 51.2%, reflecting working capital of $-3.96 Million against net assets of $-7.73 Million USD. See MAQC defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Maquia Capital Acquisition Corp Working Capital to Net Assets Ratio by Year (2021–2023)

Maquia Capital Acquisition Corp working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Maquia Capital Acquisition Corp 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. For the complete balance sheet picture, see Maquia Capital Acquisition Corp asset portfolio.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2023 -133.5% $-3.77 Million $2.83 Million $625.75K $4.40 Million ▼ -127.2 pp
2022 -6.3% $-1.89 Million $30.11 Million $133.32K $2.03 Million ▼ -6.5 pp
2021 0.2% $306.56K $166.38 Million $633.00K $326.44K —
pp = percentage points