Ping An Biomedical Co., Ltd. (PASW) — Working Capital to Net Assets Ratio
Ping An Biomedical Co., Ltd. (PASW) has a Working Capital to Net Assets ratio of 89.8% as of September 2025. Working capital of $40.62 Million (current assets of $63.70 Million minus current liabilities of $23.08 Million) is measured against net assets of $45.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PASW free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ping An Biomedical Co., Ltd. Working Capital to Net Assets (2021–2025)
This chart shows how Ping An Biomedical Co., Ltd.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of September 2025, the ratio stands at 89.8%, reflecting working capital of $40.62 Million against net assets of $45.24 Million USD. See operational self-sufficiency of Ping An Biomedical Co., Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ping An Biomedical Co., Ltd. (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ping An Biomedical Co., Ltd. from 2021 to 2025, 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 market cap of Ping An Biomedical Co., Ltd..
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 89.8% | $40.62 Million | $45.24 Million | $63.70 Million | $23.08 Million | ▼ -53.0 pp |
| 2024 | 142.8% | $-10.27 Million | $-7.19 Million | $53.31 Million | $63.58 Million | ▼ -11.8 pp |
| 2023 | 154.7% | $-9.06 Million | $-5.86 Million | $76.57 Million | $85.63 Million | ▲ +117.8 pp |
| 2022 | 36.8% | $1.69 Million | $4.60 Million | $79.04 Million | $77.35 Million | ▼ -222.0 pp |
| 2021 | 258.9% | $-5.34 Million | $-2.06 Million | $70.36 Million | $75.70 Million | — |