Trxade Group Inc (MEDS) — Working Capital to Net Assets Ratio
Trxade Group Inc (MEDS) has a Working Capital to Net Assets ratio of 77.8% as of June 2024. Working capital of $9.17 Million (current assets of $12.07 Million minus current liabilities of $2.90 Million) is measured against net assets of $11.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Trxade Group Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trxade Group Inc Working Capital to Net Assets (2006–2023)
This chart shows how Trxade Group Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 77.8%, reflecting working capital of $9.17 Million against net assets of $11.79 Million USD. Check tangible equity quality of Trxade Group Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Trxade Group Inc (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trxade Group Inc from 2006 to 2023, covering 15 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 Trxade Group Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -1623.2% | $-8.80 Million | $542.35K | $2.75 Million | $11.56 Million | ▼ -1607.5 pp |
| 2022 | -15.7% | $-53.67K | $342.87K | $2.09 Million | $2.15 Million | ▼ -107.1 pp |
| 2021 | 91.5% | $3.45 Million | $3.77 Million | $4.37 Million | $926.03K | ▼ -5.1 pp |
| 2020 | 96.5% | $8.38 Million | $8.68 Million | $9.22 Million | $842.24K | ▲ +17.3 pp |
| 2019 | 79.3% | $3.28 Million | $4.14 Million | $3.80 Million | $520.82K | ▲ +7.6 pp |
| 2018 | 71.7% | $605.71K | $844.67K | $1.47 Million | $860.37K | ▲ +98.0 pp |
| 2017 | -26.3% | $82.12K | $-311.93K | $607.48K | $525.36K | ▼ -125.4 pp |
| 2016 | 99.1% | $-1.14 Million | $-1.15 Million | $337.12K | $1.47 Million | ▼ -266.2 pp |
| 2015 | 365.3% | $975.40K | $267.02K | $2.03 Million | $1.05 Million | ▲ +265.9 pp |
| 2014 | 99.4% | $664.64K | $668.44K | $1.22 Million | $553.68K | ▲ +6.0 pp |
| 2013 | 93.4% | $122.26K | $130.87K | $395.26K | $273.00K | ▲ +2.6 pp |
| 2012 | 90.8% | $15.88K | $17.48K | $117.08K | $101.19K | ▼ -9.2 pp |
| 2008 | 100.0% | $-48.01 Million | $-48.01 Million | $687.00K | $48.70 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $-18.51K | $-18.51K | $1.77K | $20.28K | ▲ +0.0 pp |
| 2006 | 100.0% | $9.67K | $9.67K | $13.17K | $3.50K | — |