noco-noco Inc. Ordinary Share Working Capital to Net Assets Ratio
noco-noco Inc. Ordinary Share working capital to net assets ratio. noco-noco Inc. Ordinary Share (NCNC) has a Working Capital to Net Assets ratio of 41.2% as of September 2024. Working capital of $-2.93 Million (current assets of $494.10K minus current liabilities of $3.42 Million) is measured against net assets of $-7.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check noco-noco Inc. Ordinary Share tangible book value 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 noco-noco Inc. Ordinary Share (2021–2024)
Working capital to net assets ratio of noco-noco Inc. Ordinary Share from 2021 to 2024. This chart shows how noco-noco Inc. Ordinary Share's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 41.2%, reflecting working capital of $-2.93 Million against net assets of $-7.11 Million USD. See NCNC days of operational coverage to measure how many days the company can operate on defensive assets alone.
noco-noco Inc. Ordinary Share Working Capital to Net Assets Ratio by Year (2021–2024)
noco-noco Inc. Ordinary Share working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for noco-noco Inc. Ordinary Share from 2021 to 2024, covering 4 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 NCNC current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 41.2% | $-2.93 Million | $-7.11 Million | $494.10K | $3.42 Million | ▲ +32.9 pp |
| 2023 | 8.3% | $-304.45K | $-3.68 Million | $455.94K | $760.39K | ▼ -98.8 pp |
| 2022 | 107.1% | $-840.36K | $-784.82K | $183.89K | $1.02 Million | ▼ -8.6 pp |
| 2021 | 115.7% | $-1.44 Million | $-1.24 Million | $278.33K | $1.71 Million | — |