Omega Therapeutics Inc (OMGA) — 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. See financial flexibility index of Omega Therapeutics Inc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Omega Therapeutics Inc Working Capital to Net Assets (2019–2023)
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 how many days can Omega Therapeutics Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Omega Therapeutics Inc (2019–2023)
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 live market cap and the full company profile, see Omega Therapeutics Inc market capitalisation.
| 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 | — |