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.
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. Explore MEDS strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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 total assets of Trxade Group Inc.
| 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 | — |