Omega Therapeutics Inc Working Capital to Net Assets Ratio
Omega Therapeutics Inc working capital to net assets ratio. Omega Therapeutics Inc (OMGA) has a Working Capital to Net Assets ratio of 128.0% as of September 2024. Working capital of $14.78 Million (current assets of $38.95 Million minus current liabilities of $24.17 Million) is measured against net assets of $11.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check OMGA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Omega Therapeutics Inc (2019–2023)
Working capital to net assets ratio of Omega Therapeutics Inc from 2019 to 2023. This chart shows how Omega Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 128.0%, reflecting working capital of $14.78 Million against net assets of $11.54 Million USD. See OMGA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Omega Therapeutics Inc Working Capital to Net Assets Ratio by Year (2019–2023)
Omega Therapeutics Inc working capital to net assets ratio by year from 2019 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Omega Therapeutics Inc from 2019 to 2023, covering 5 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 the complete balance sheet picture, see how large is Omega Therapeutics Inc's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 108.7% | $63.08 Million | $58.02 Million | $89.88 Million | $26.81 Million | ▲ +11.8 pp |
| 2022 | 96.9% | $102.71 Million | $105.97 Million | $124.68 Million | $21.96 Million | ▼ -11.4 pp |
| 2021 | 108.3% | $217.30 Million | $200.63 Million | $229.29 Million | $11.98 Million | ▲ +133.5 pp |
| 2020 | -25.2% | $16.30 Million | $-64.63 Million | $24.00 Million | $7.70 Million | ▼ -24.0 pp |
| 2019 | -1.2% | $427.00K | $-35.92 Million | $2.65 Million | $2.23 Million | — |