PicoCELA Inc. American Depositary Shares (PCLA) — Working Capital to Net Assets Ratio
PicoCELA Inc. American Depositary Shares (PCLA) has a Working Capital to Net Assets ratio of 112.2% as of December 2025. Working capital of $533.98 Million (current assets of $1.00 Billion minus current liabilities of $470.82 Million) is measured against net assets of $475.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PicoCELA Inc. American Depositary Shares (PCLA) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PicoCELA Inc. American Depositary Shares Working Capital to Net Assets (2022–2025)
This chart shows how PicoCELA Inc. American Depositary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 112.2%, reflecting working capital of $533.98 Million against net assets of $475.80 Million USD. See PCLA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PicoCELA Inc. American Depositary Shares (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PicoCELA Inc. American Depositary Shares from 2022 to 2025, covering 4 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 value of PicoCELA Inc. American Depositary Shares.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 112.2% | $533.98 Million | $475.80 Million | $1.00 Billion | $470.82 Million | ▼ -32.2 pp |
| 2024 | 144.4% | $512.49 Million | $354.79 Million | $947.49 Million | $435.00 Million | ▲ +51.9 pp |
| 2023 | 92.6% | $644.20 Million | $695.99 Million | $1.01 Billion | $366.67 Million | ▼ -2.8 pp |
| 2022 | 95.3% | $446.08 Million | $467.92 Million | $652.58 Million | $206.49 Million | — |