MediciNova Inc Working Capital to Net Assets Ratio
MediciNova Inc working capital to net assets ratio. MediciNova Inc (MNOV) has a Working Capital to Net Assets ratio of 67.3% as of September 2025. Working capital of $29.59 Million (current assets of $32.92 Million minus current liabilities of $3.34 Million) is measured against net assets of $43.96 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MediciNova Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MediciNova Inc (2003–2024)
Working capital to net assets ratio of MediciNova Inc from 2003 to 2024. This chart shows how MediciNova Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 67.3%, reflecting working capital of $29.59 Million against net assets of $43.96 Million USD. See MNOV defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
MediciNova Inc Working Capital to Net Assets Ratio by Year (2003–2024)
MediciNova Inc working capital to net assets ratio by year from 2003 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for MediciNova Inc from 2003 to 2024, covering 22 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 MNOV total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 72.6% | $38.12 Million | $52.50 Million | $41.07 Million | $2.96 Million | ▼ -4.2 pp |
| 2023 | 76.8% | $47.90 Million | $62.38 Million | $51.17 Million | $3.28 Million | ▼ -2.7 pp |
| 2022 | 79.4% | $55.80 Million | $70.24 Million | $58.99 Million | $3.19 Million | ▼ -3.2 pp |
| 2021 | 82.7% | $69.18 Million | $83.68 Million | $72.01 Million | $2.83 Million | ▲ +0.6 pp |
| 2020 | 82.0% | $58.52 Million | $71.33 Million | $60.72 Million | $2.19 Million | ▼ -0.8 pp |
| 2019 | 82.9% | $62.08 Million | $74.89 Million | $64.30 Million | $2.23 Million | ▲ +0.0 pp |
| 2018 | 82.8% | $60.57 Million | $73.11 Million | $62.76 Million | $2.19 Million | ▲ +17.0 pp |
| 2017 | 65.9% | $25.45 Million | $38.64 Million | $28.33 Million | $2.88 Million | ▼ -1.0 pp |
| 2016 | 66.8% | $23.07 Million | $34.53 Million | $24.70 Million | $1.63 Million | ▲ +2.0 pp |
| 2015 | 64.8% | $21.24 Million | $32.75 Million | $22.73 Million | $1.49 Million | ▲ +17.0 pp |
| 2014 | 47.9% | $10.54 Million | $22.01 Million | $12.13 Million | $1.59 Million | ▼ -6.9 pp |
| 2013 | 54.8% | $13.92 Million | $25.43 Million | $14.38 Million | $460.44K | ▲ +32.0 pp |
| 2012 | 22.7% | $3.38 Million | $14.88 Million | $4.42 Million | $1.04 Million | ▼ -28.4 pp |
| 2011 | 51.1% | $12.01 Million | $23.50 Million | $15.71 Million | $3.70 Million | ▼ -36.1 pp |
| 2010 | 87.2% | $21.55 Million | $24.70 Million | $58.34 Million | $36.79 Million | ▲ +26.0 pp |
| 2009 | 61.2% | $24.50 Million | $40.01 Million | $46.92 Million | $22.42 Million | ▲ +24.1 pp |
| 2008 | 37.1% | $17.84 Million | $48.04 Million | $20.02 Million | $2.18 Million | ▼ -61.9 pp |
| 2007 | 99.0% | $65.94 Million | $66.61 Million | $73.08 Million | $7.14 Million | ▼ -0.1 pp |
| 2006 | 99.1% | $100.10 Million | $100.98 Million | $110.67 Million | $10.57 Million | ▼ -0.1 pp |
| 2005 | 99.2% | $134.63 Million | $135.71 Million | $141.26 Million | $6.63 Million | ▼ -535.9 pp |
| 2004 | 635.1% | $48.70 Million | $7.67 Million | $51.29 Million | $2.59 Million | ▲ +529.2 pp |
| 2003 | 105.9% | $4.84 Million | $4.57 Million | $5.60 Million | $761.43K | — |