Nextplat Corp (NXPL) — Working Capital to Net Assets Ratio
Nextplat Corp (NXPL) has a Working Capital to Net Assets ratio of 87.5% as of September 2025. Working capital of $18.85 Million (current assets of $26.21 Million minus current liabilities of $7.36 Million) is measured against net assets of $21.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Nextplat Corp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nextplat Corp Working Capital to Net Assets (2002–2024)
This chart shows how Nextplat Corp's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 87.5%, reflecting working capital of $18.85 Million against net assets of $21.55 Million USD. Check tangible equity quality of Nextplat Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nextplat Corp (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nextplat Corp from 2002 to 2024, covering 21 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 Nextplat Corp (NXPL) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 86.8% | $23.27 Million | $26.80 Million | $31.48 Million | $8.21 Million | ▲ +25.7 pp |
| 2023 | 61.1% | $29.40 Million | $48.09 Million | $43.64 Million | $14.24 Million | ▼ -13.0 pp |
| 2022 | 74.2% | $19.12 Million | $25.78 Million | $21.18 Million | $2.06 Million | ▼ -20.5 pp |
| 2021 | 94.7% | $16.59 Million | $17.53 Million | $19.37 Million | $2.78 Million | ▲ +120.1 pp |
| 2020 | -25.5% | $-144.06K | $565.19K | $1.37 Million | $1.52 Million | ▲ +63.1 pp |
| 2019 | -88.6% | $-567.02K | $639.71K | $877.45K | $1.44 Million | ▼ -63.9 pp |
| 2018 | -24.7% | $-341.13K | $1.38 Million | $715.16K | $1.06 Million | ▼ -18.1 pp |
| 2017 | -6.6% | $-122.63K | $1.86 Million | $1.08 Million | $1.20 Million | ▼ -10.1 pp |
| 2016 | 3.5% | $81.49K | $2.31 Million | $802.11K | $720.62K | ▼ -14.0 pp |
| 2015 | 17.5% | $505.15K | $2.88 Million | $1.63 Million | $1.13 Million | ▲ +37.9 pp |
| 2014 | -20.4% | $-379.19K | $1.86 Million | $317.77K | $696.96K | ▼ -130.9 pp |
| 2013 | 110.5% | $-500.35K | $-452.97K | $265.49K | $765.83K | ▲ +10.5 pp |
| 2012 | 100.0% | $-1.71 Million | $-1.71 Million | $7.52K | $1.72 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $-633.25K | $-633.25K | $55.51K | $688.76K | ▲ +4.4 pp |
| 2010 | 95.6% | $-6.89 Million | $-7.21 Million | $185.84K | $7.08 Million | ▲ +134.2 pp |
| 2008 | -38.6% | $-312.70K | $810.13K | $224.59K | $537.29K | ▼ -119.6 pp |
| 2006 | 81.0% | $547.98K | $676.78K | $873.34K | $325.36K | ▼ -6.4 pp |
| 2005 | 87.4% | $245.99K | $281.51K | $494.18K | $248.20K | ▼ -25.1 pp |
| 2004 | 112.4% | $-38.34K | $-34.10K | $113.00 | $38.45K | ▲ +12.4 pp |
| 2003 | 100.0% | $-33.94K | $-33.94K | $3.00 | $33.95K | ▲ +0.0 pp |
| 2002 | 100.0% | $-32.03K | $-32.03K | $7.00K | $39.03K | — |