NETCLASS TECHNOLOGY INC Class A Ordinary Shares (NTCL) — Working Capital to Net Assets Ratio
NETCLASS TECHNOLOGY INC Class A Ordinary Shares (NTCL) has a Working Capital to Net Assets ratio of -17.2% as of March 2026. Working capital of $-810.11K (current assets of $9.36 Million minus current liabilities of $10.17 Million) is measured against net assets of $4.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of NETCLASS TECHNOLOGY INC Class A Ordinary to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NETCLASS TECHNOLOGY INC Class A Ordinary Shares Working Capital to Net Assets (2020–2025)
This chart shows how NETCLASS TECHNOLOGY INC Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at -17.2%, reflecting working capital of $-810.11K against net assets of $4.72 Million USD. For the complete balance sheet picture, see NTCL total assets.
Annual Working Capital to Net Assets for NETCLASS TECHNOLOGY INC Class A Ordinary Shares (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NETCLASS TECHNOLOGY INC Class A Ordinary Shares from 2020 to 2025, covering 6 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. Read NETCLASS TECHNOLOGY INC Class A Ordinary (NTCL) total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.5% | $2.00 Million | $5.98 Million | $8.86 Million | $6.85 Million | ▼ -61.9 pp |
| 2024 | 95.4% | $2.92 Million | $3.06 Million | $7.09 Million | $4.17 Million | ▲ +0.2 pp |
| 2023 | 95.2% | $4.23 Million | $4.44 Million | $6.31 Million | $2.08 Million | ▲ +8.9 pp |
| 2022 | 86.3% | $2.08 Million | $2.41 Million | $4.02 Million | $1.94 Million | ▲ +1.4 pp |
| 2021 | 84.9% | $2.15 Million | $2.53 Million | $3.84 Million | $1.69 Million | ▲ +20.2 pp |
| 2020 | 64.7% | $889.77K | $1.38 Million | $3.33 Million | $2.44 Million | — |