Newbury Street Acquisition Corp Working Capital to Net Assets Ratio
Newbury Street Acquisition Corp working capital to net assets ratio. Newbury Street Acquisition Corp (NBST) has a Working Capital to Net Assets ratio of -240.1% as of March 2024. Working capital of $-15.50 Million (current assets of $1.02 Million minus current liabilities of $16.51 Million) is measured against net assets of $6.45 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Newbury Street Acquisition Corp's equity 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 Newbury Street Acquisition Corp (2021–2023)
Working capital to net assets ratio of Newbury Street Acquisition Corp from 2021 to 2023. This chart shows how Newbury Street Acquisition Corp's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at -240.1%, reflecting working capital of $-15.50 Million against net assets of $6.45 Million USD. See Newbury Street Acquisition Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Newbury Street Acquisition Corp Working Capital to Net Assets Ratio by Year (2021–2023)
Newbury Street Acquisition Corp working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Newbury Street Acquisition Corp from 2021 to 2023, covering 3 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 Newbury Street Acquisition Corp (NBST) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -32.7% | $-5.32 Million | $16.27 Million | $960.65K | $6.28 Million | ▼ -30.7 pp |
| 2022 | -2.0% | $-2.51 Million | $127.44 Million | $131.27K | $2.64 Million | ▼ -2.2 pp |
| 2021 | 0.3% | $353.64K | $128.73 Million | $631.62K | $277.98K | — |