NRX Pharmaceuticals Inc (NRXP) — Working Capital to Net Assets Ratio
NRX Pharmaceuticals Inc (NRXP) has a Working Capital to Net Assets ratio of 111.2% as of September 2025. Working capital of $-28.65 Million (current assets of $11.95 Million minus current liabilities of $40.59 Million) is measured against net assets of $-25.75 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NRXP net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NRX Pharmaceuticals Inc Working Capital to Net Assets (2017–2024)
This chart shows how NRX Pharmaceuticals Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 111.2%, reflecting working capital of $-28.65 Million against net assets of $-25.75 Million USD. Check NRX Pharmaceuticals Inc (NRXP) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NRX Pharmaceuticals Inc (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NRX Pharmaceuticals Inc from 2017 to 2024, covering 8 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 NRX Pharmaceuticals Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 79.9% | $-18.56 Million | $-23.22 Million | $3.30 Million | $21.86 Million | ▼ -23.7 pp |
| 2023 | 103.7% | $-12.16 Million | $-11.73 Million | $6.88 Million | $19.05 Million | ▼ -34.1 pp |
| 2022 | 137.8% | $10.21 Million | $7.41 Million | $25.80 Million | $15.59 Million | ▲ +37.9 pp |
| 2021 | 99.9% | $20.79 Million | $20.81 Million | $32.71 Million | $11.92 Million | ▲ +1.2 pp |
| 2020 | 98.8% | $-43.23 Million | $-43.77 Million | $2.93 Million | $46.16 Million | ▲ +100.6 pp |
| 2019 | -1.9% | $-552.95K | $29.50 Million | $69.49K | $622.44K | ▼ -1.1 pp |
| 2018 | -0.8% | $-537.22K | $69.54 Million | $30.19K | $567.41K | ▼ -1.4 pp |
| 2017 | 0.6% | $443.20K | $69.47 Million | $536.38K | $93.17K | — |