Portage Biotech Inc (PRTG) — Working Capital to Net Assets Ratio

Latest as of September 2024: 260.9%

Portage Biotech Inc (PRTG) has a Working Capital to Net Assets ratio of 260.9% as of September 2024. Working capital of $1.81 Million (current assets of $2.69 Million minus current liabilities of $873.00K) is measured against net assets of $695.00K. A higher ratio indicates strong short-term liquidity financed by the equity base. See Portage Biotech Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

260.9%
Working Capital / Net Assets

Working Capital

$1.81 Million
USD

Current Assets

$2.69 Million
USD

Current Liabilities

$873.00K
USD

Portage Biotech Inc Working Capital to Net Assets (1998–2025)

This chart shows how Portage Biotech Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of September 2024, the ratio stands at 260.9%, reflecting working capital of $1.81 Million against net assets of $695.00K USD. See PRTG defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Working Capital to Net Assets for Portage Biotech Inc (1998–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Portage Biotech Inc from 1998 to 2025, covering 28 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 PRTG market cap.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 -136.0% $1.12 Million $-827.00K $2.23 Million $1.10 Million ▼ -280.7 pp
2024 144.7% $4.82 Million $3.33 Million $7.70 Million $2.88 Million ▲ +129.0 pp
2023 15.7% $11.81 Million $75.39 Million $13.68 Million $1.86 Million ▲ +1.1 pp
2022 14.5% $24.05 Million $165.43 Million $24.83 Million $783.00K ▲ +13.4 pp
2021 1.2% $1.74 Million $147.60 Million $4.95 Million $3.21 Million ▲ +0.3 pp
2020 0.8% $1.23 Million $145.64 Million $3.79 Million $2.57 Million ▼ -2.4 pp
2019 3.2% $4.76 Million $148.56 Million $6.55 Million $1.79 Million ▼ -74.7 pp
2018 77.9% $7.49 Million $9.62 Million $7.62 Million $127.00K ▼ -21.2 pp
2017 99.0% $59.03 Million $59.59 Million $59.14 Million $109.06K ▲ +61.8 pp
2016 37.3% $4.59 Million $12.33 Million $4.89 Million $299.74K ▲ +10.2 pp
2015 27.1% $1.12 Million $4.12 Million $1.74 Million $620.56K ▼ -13.7 pp
2014 40.8% $2.07 Million $5.07 Million $2.26 Million $191.97K ▼ -59.0 pp
2013 99.8% $2.98 Million $2.98 Million $3.43 Million $446.87K ▼ 0.0 pp
2012 99.9% $4.85 Million $4.85 Million $7.51 Million $2.66 Million ▲ +80.2 pp
2011 19.6% $1.76 Million $8.94 Million $2.44 Million $682.75K ▲ +14.3 pp
2010 5.4% $364.07K $6.77 Million $3.82 Million $3.45 Million ▼ -94.0 pp
2009 99.3% $1.13 Million $1.14 Million $1.25 Million $120.39K ▼ -0.5 pp
2008 99.9% $5.03 Million $5.03 Million $5.08 Million $57.34K ▼ -0.1 pp
2007 100.0% $5.74 Million $5.74 Million $5.78 Million $42.00K ▼ 0.0 pp
2006 100.0% $4.53 Million $4.53 Million $4.68 Million $141.52K ▲ +4.4 pp
2005 95.6% $3.91 Million $4.09 Million $4.02 Million $102.77K ▲ +109.6 pp
2004 -14.0% $-237.19K $1.69 Million $423.45K $660.63K ▼ -114.0 pp
2003 100.0% $-214.26K $-214.26K $19.54K $233.80K ▲ +2837.3 pp
2002 -2737.3% $-83.65K $3.06K $42.83K $126.48K ▼ -2806.6 pp
2001 69.3% $333.94K $481.93K $428.56K $94.62K ▲ +5.4 pp
2000 63.9% $1.02 Million $1.60 Million $1.17 Million $151.67K ▲ +46.1 pp
1999 17.8% $19.01K $106.97K $84.15K $65.14K ▼ -90.9 pp
1998 108.7% $-492.66K $-453.32K $4.01K $496.67K
pp = percentage points