Newton Golf Company (NWTG) — Working Capital to Net Assets Ratio
Newton Golf Company (NWTG) has a Working Capital to Net Assets ratio of 73.6% as of June 2026. Working capital of $-2.58 Million (current assets of $1.39 Million minus current liabilities of $3.96 Million) is measured against net assets of $-3.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Newton Golf Company to measure how many days the company can operate on defensive assets alone.
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 June 2026, the ratio stands at 73.6%, reflecting working capital of $-2.58 Million against net assets of $-3.50 Million USD. For the complete balance sheet picture, see Newton Golf Company asset portfolio.
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. Read NWTG liabilities breakdown 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 | -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 | — |