Newton Golf Company (NWTG) — Working Capital to Net Assets Ratio
Newton Golf Company (NWTG) has a Working Capital to Net Assets ratio of -15.3% as of December 2025. Working capital of $-142.00K (current assets of $2.19 Million minus current liabilities of $2.33 Million) is measured against net assets of $926.00K. A higher ratio indicates strong short-term liquidity financed by the equity base. See NWTG equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Newton Golf Company Working Capital to Net Assets (2020–2025)
This chart shows how Newton Golf Company's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at -15.3%, reflecting working capital of $-142.00K against net assets of $926.00K USD. Check Newton Golf Company tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Newton Golf Company (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Newton Golf Company 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. For live market cap and the full company profile, see Newton Golf Company (NWTG) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -15.3% | $-142.00K | $926.00K | $2.19 Million | $2.33 Million | ▼ -130.4 pp |
| 2024 | 115.1% | $-5.97 Million | $-5.19 Million | $8.95 Million | $14.92 Million | ▲ +22.5 pp |
| 2023 | 92.6% | $5.36 Million | $5.79 Million | $5.83 Million | $475.00K | ▼ -4.9 pp |
| 2022 | 97.5% | $-1.83 Million | $-1.88 Million | $331.00K | $2.17 Million | ▲ +59.9 pp |
| 2021 | 37.6% | $-541.00K | $-1.44 Million | $259.00K | $800.00K | ▼ -6.7 pp |
| 2020 | 44.3% | $-514.00K | $-1.16 Million | $197.00K | $711.00K | — |