Pelican Acquisition Corporation Ordinary Shares (PELI) — Working Capital to Net Assets Ratio
Pelican Acquisition Corporation Ordinary Shares (PELI) has a Working Capital to Net Assets ratio of -0.5% as of January 2026. Working capital of $-418.05K (current assets of $165.12K minus current liabilities of $583.17K) is measured against net assets of $88.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pelican Acquisition Corporation Ordinary Shares Working Capital to Net Assets (2025–2026)
This chart shows how Pelican Acquisition Corporation Ordinary Shares's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2025 to 2026. As of January 2026, the ratio stands at -0.5%, reflecting working capital of $-418.05K against net assets of $88.19 Million USD. Read PELI total debt and obligations for a breakdown of total debt and financial obligations.
Annual Working Capital to Net Assets for Pelican Acquisition Corporation Ordinary Shares (2025–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pelican Acquisition Corporation Ordinary Shares from 2025 to 2026, covering 2 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 PELI current and non-current assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -0.5% | $-418.05K | $88.19 Million | $165.12K | $583.17K | ▲ +376.4 pp |
| 2025 | -376.8% | $-48.65K | $12.91K | $157.50K | $206.15K | — |