Praxis Precision Medicines Inc Working Capital to Net Assets Ratio
Praxis Precision Medicines Inc working capital to net assets ratio. Praxis Precision Medicines Inc (PRAX) has a Working Capital to Net Assets ratio of 53.9% as of June 2026. Working capital of $722.85 Million (current assets of $771.90 Million minus current liabilities of $49.06 Million) is measured against net assets of $1.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Praxis Precision Medicines Inc's equity 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 Praxis Precision Medicines Inc (2018–2025)
Working capital to net assets ratio of Praxis Precision Medicines Inc from 2018 to 2025. This chart shows how Praxis Precision Medicines Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 53.9%, reflecting working capital of $722.85 Million against net assets of $1.34 Billion USD. See PRAX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Praxis Precision Medicines Inc Working Capital to Net Assets Ratio by Year (2018–2025)
Praxis Precision Medicines Inc working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Praxis Precision Medicines Inc from 2018 to 2025, covering 8 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 PRAX total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 62.8% | $551.14 Million | $878.14 Million | $610.91 Million | $59.77 Million | ▼ -19.6 pp |
| 2024 | 82.3% | $366.82 Million | $445.45 Million | $404.37 Million | $37.55 Million | ▼ -16.9 pp |
| 2023 | 99.2% | $69.13 Million | $69.67 Million | $84.88 Million | $15.75 Million | ▲ +0.3 pp |
| 2022 | 99.0% | $75.32 Million | $76.11 Million | $110.84 Million | $35.52 Million | ▼ -0.6 pp |
| 2021 | 99.6% | $249.78 Million | $250.81 Million | $287.41 Million | $37.62 Million | ▼ -0.1 pp |
| 2020 | 99.7% | $286.61 Million | $287.46 Million | $302.33 Million | $15.72 Million | ▲ +3.3 pp |
| 2019 | 96.4% | $38.68 Million | $40.11 Million | $45.50 Million | $6.82 Million | ▲ +1.2 pp |
| 2018 | 95.2% | $13.98 Million | $14.68 Million | $19.13 Million | $5.14 Million | — |