Nano Labs Ltd (NA) — Working Capital to Net Assets Ratio
Nano Labs Ltd (NA) has a Working Capital to Net Assets ratio of 89.6% as of June 2025. Working capital of $554.80 Million (current assets of $1.24 Billion minus current liabilities of $682.94 Million) is measured against net assets of $619.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nano Labs Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nano Labs Ltd Working Capital to Net Assets (2019–2025)
This chart shows how Nano Labs Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2025, the ratio stands at 89.6%, reflecting working capital of $554.80 Million against net assets of $619.08 Million USD. Check NA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nano Labs Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nano Labs Ltd from 2019 to 2025, covering 7 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 live market cap and the full company profile, see NA market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.3% | $225.00 Million | $741.37 Million | $431.14 Million | $206.14 Million | ▼ -37.2 pp |
| 2024 | 67.5% | $157.22 Million | $232.91 Million | $366.64 Million | $209.42 Million | ▼ -652.5 pp |
| 2023 | 720.0% | $-117.08 Million | $-16.26 Million | $125.49 Million | $242.57 Million | ▲ +656.1 pp |
| 2022 | 63.9% | $105.01 Million | $164.41 Million | $288.65 Million | $183.64 Million | ▼ -94.0 pp |
| 2021 | 157.9% | $-38.94 Million | $-24.66 Million | $893.43 Million | $932.37 Million | ▲ +53.4 pp |
| 2020 | 104.6% | $-50.73 Million | $-48.52 Million | $59.01 Million | $109.74 Million | ▼ -6.9 pp |
| 2019 | 111.4% | $-12.29 Million | $-11.03 Million | $20.50 Million | $32.79 Million | — |