Portage Biotech Inc Working Capital to Net Assets Ratio
Portage Biotech Inc working capital to net assets ratio. 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. Check PRTG intangible-adjusted equity ratio 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 Portage Biotech Inc (1998–2025)
Working capital to net assets ratio of Portage Biotech Inc from 1998 to 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 how many days can Portage Biotech Inc fund operations to measure how many days the company can operate on defensive assets alone.
Portage Biotech Inc Working Capital to Net Assets Ratio by Year (1998–2025)
Portage Biotech Inc working capital to net assets ratio by year from 1998 to 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 the complete balance sheet picture, see balance sheet size of Portage Biotech Inc.
| 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 | — |