MeiraGTx Holdings PLC (MGTX) — Working Capital to Net Assets Ratio
MeiraGTx Holdings PLC (MGTX) has a Working Capital to Net Assets ratio of 74.3% as of June 2026. Working capital of $160.25 Million (current assets of $218.35 Million minus current liabilities of $58.10 Million) is measured against net assets of $215.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MeiraGTx Holdings PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MeiraGTx Holdings PLC Working Capital to Net Assets (2016–2025)
This chart shows how MeiraGTx Holdings PLC's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 74.3%, reflecting working capital of $160.25 Million against net assets of $215.78 Million USD. For the complete balance sheet picture, see total assets of MeiraGTx Holdings PLC.
Annual Working Capital to Net Assets for MeiraGTx Holdings PLC (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MeiraGTx Holdings PLC from 2016 to 2025, covering 10 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 MGTX asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 531.6% | $-30.79 Million | $-5.79 Million | $91.76 Million | $122.56 Million | ▲ +439.1 pp |
| 2024 | 92.5% | $62.73 Million | $67.83 Million | $123.52 Million | $60.78 Million | ▲ +25.5 pp |
| 2023 | 67.0% | $92.54 Million | $138.18 Million | $159.62 Million | $67.08 Million | ▲ +5.6 pp |
| 2022 | 61.4% | $72.27 Million | $117.74 Million | $154.34 Million | $82.07 Million | ▼ -0.7 pp |
| 2021 | 62.1% | $115.11 Million | $185.40 Million | $183.24 Million | $68.13 Million | ▼ -29.5 pp |
| 2020 | 91.6% | $218.43 Million | $238.56 Million | $272.58 Million | $54.15 Million | ▼ -23.6 pp |
| 2019 | 115.2% | $219.78 Million | $190.80 Million | $268.98 Million | $49.20 Million | ▲ +42.2 pp |
| 2018 | 73.0% | $59.15 Million | $81.06 Million | $74.65 Million | $15.50 Million | ▲ +52.0 pp |
| 2017 | 21.0% | $-9.93 Million | $-47.37 Million | $11.48 Million | $21.40 Million | ▲ +97.1 pp |
| 2016 | -76.1% | $13.05 Million | $-17.14 Million | $19.09 Million | $6.04 Million | — |