Modular Medical Inc Working Capital to Net Assets Ratio
Modular Medical Inc working capital to net assets ratio. Modular Medical Inc (MODD) has a Working Capital to Net Assets ratio of 21.9% as of December 2025. Working capital of $1.29 Million (current assets of $3.47 Million minus current liabilities of $2.18 Million) is measured against net assets of $5.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MODD tangible net assets ratio 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 Modular Medical Inc (2005–2025)
Working capital to net assets ratio of Modular Medical Inc from 2005 to 2025. This chart shows how Modular Medical Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 21.9%, reflecting working capital of $1.29 Million against net assets of $5.88 Million USD. See MODD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Modular Medical Inc Working Capital to Net Assets Ratio by Year (2005–2025)
Modular Medical Inc working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Modular Medical Inc from 2005 to 2025, covering 19 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 MODD total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 71.7% | $12.25 Million | $17.08 Million | $13.52 Million | $1.26 Million | ▲ +0.3 pp |
| 2024 | 71.5% | $8.24 Million | $11.54 Million | $9.70 Million | $1.46 Million | ▲ +11.0 pp |
| 2023 | 60.4% | $3.07 Million | $5.08 Million | $4.05 Million | $979.00K | ▼ -34.9 pp |
| 2022 | 95.3% | $8.42 Million | $8.84 Million | $9.39 Million | $969.70K | ▼ -33.9 pp |
| 2021 | 129.2% | $-1.65 Million | $-1.28 Million | $1.65 Million | $3.30 Million | ▲ +41.5 pp |
| 2020 | 87.7% | $2.52 Million | $2.88 Million | $3.19 Million | $661.39K | ▼ -11.0 pp |
| 2019 | 98.7% | $6.39 Million | $6.47 Million | $6.57 Million | $178.93K | ▼ -0.8 pp |
| 2018 | 99.5% | $4.30 Million | $4.32 Million | $4.31 Million | $15.47K | ▼ -0.5 pp |
| 2017 | 100.0% | $1.30 Million | $1.30 Million | $1.37 Million | $74.42K | ▲ +0.0 pp |
| 2015 | 100.0% | $-162.68K | $-162.68K | $2.50K | $165.18K | ▲ +17.5 pp |
| 2014 | 82.5% | $-58.47 Million | $-70.90 Million | $-58.34 Million | $131.69K | ▲ +0.0 pp |
| 2013 | 82.5% | $-58.44 Million | $-70.88 Million | $-58.34 Million | $108.89K | ▲ +0.0 pp |
| 2012 | 82.5% | $-58.42 Million | $-70.86 Million | $-58.34 Million | $88.10K | ▲ +3.5 pp |
| 2011 | 79.0% | $-46.76 Million | $-59.19 Million | $-46.69 Million | $70.61K | ▼ -10.7 pp |
| 2010 | 89.7% | $-108.13K | $-120.56K | $-46.69K | $61.44K | ▲ +0.7 pp |
| 2009 | 89.0% | $-100.46K | $-112.89K | $-46.69K | $53.77K | ▲ +1.8 pp |
| 2007 | 87.2% | $-84.34K | $-96.78K | $-46.69K | $37.65K | ▲ +0.9 pp |
| 2006 | 86.2% | $-77.86K | $-90.29K | $-46.69K | $31.17K | ▼ -13.8 pp |
| 2005 | 100.0% | $-23.69K | $-23.69K | $76.00 | $23.76K | — |