Rand Capital Corp (RAND) — Working Capital to Net Assets Ratio
Rand Capital Corp (RAND) has a Working Capital to Net Assets ratio of 16.7% as of September 2025. Working capital of $8.96 Million (current assets of $9.67 Million minus current liabilities of $709.76K) is measured against net assets of $53.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Rand Capital Corp balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rand Capital Corp Working Capital to Net Assets (2001–2024)
This chart shows how Rand Capital Corp's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 16.7%, reflecting working capital of $8.96 Million against net assets of $53.62 Million USD. Check how tangible is Rand Capital Corp's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Rand Capital Corp (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rand Capital Corp from 2001 to 2024, covering 23 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 Rand Capital Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1.0% | $-685.89K | $65.33 Million | $1.57 Million | $2.26 Million | ▼ -5.4 pp |
| 2023 | 4.3% | $2.64 Million | $60.82 Million | $3.77 Million | $1.12 Million | ▲ +1.3 pp |
| 2022 | 3.1% | $1.77 Million | $57.72 Million | $1.84 Million | $66.68K | ▲ +1.4 pp |
| 2021 | 1.6% | $1.08 Million | $65.59 Million | $1.13 Million | $51.69K | ▼ -35.9 pp |
| 2020 | 37.6% | $17.31 Million | $46.10 Million | $20.92 Million | $3.61 Million | ▼ -10.7 pp |
| 2019 | 48.3% | $25.88 Million | $53.63 Million | $26.22 Million | $338.44K | ▲ +36.1 pp |
| 2018 | 12.1% | $3.82 Million | $31.52 Million | $4.19 Million | $370.76K | ▼ -5.7 pp |
| 2017 | 17.8% | $5.69 Million | $31.92 Million | $6.49 Million | $799.75K | ▼ -19.7 pp |
| 2016 | 37.5% | $12.24 Million | $32.63 Million | $12.60 Million | $366.81K | ▲ +14.9 pp |
| 2015 | 22.6% | $7.64 Million | $33.85 Million | $7.65 Million | $8.61K | ▼ -18.8 pp |
| 2014 | 41.4% | $13.39 Million | $32.35 Million | $13.40 Million | $7.44K | ▲ +30.9 pp |
| 2013 | 10.5% | $2.94 Million | $28.07 Million | $11.17 Million | $8.22 Million | ▲ +15.1 pp |
| 2012 | -4.6% | $-1.18 Million | $25.78 Million | $4.28 Million | $5.46 Million | ▼ -33.2 pp |
| 2011 | 28.7% | $6.99 Million | $24.40 Million | $7.24 Million | $249.20K | ▲ +19.2 pp |
| 2010 | 9.4% | $2.17 Million | $23.05 Million | $13.17 Million | $10.99 Million | ▼ -34.4 pp |
| 2009 | 43.9% | $10.18 Million | $23.21 Million | $10.61 Million | $431.23K | ▲ +26.7 pp |
| 2008 | 17.2% | $3.48 Million | $20.23 Million | $3.77 Million | $292.73K | ▼ -5.6 pp |
| 2007 | 22.8% | $4.52 Million | $19.82 Million | $5.04 Million | $528.12K | ▼ -3.1 pp |
| 2006 | 25.9% | $4.35 Million | $16.78 Million | $4.81 Million | $456.18K | ▲ +11.3 pp |
| 2005 | 14.6% | $1.26 Million | $8.62 Million | $1.51 Million | $250.00K | ▲ +7.2 pp |
| 2004 | 7.4% | $667.23K | $9.03 Million | $887.23K | $220.00K | ▼ -8.2 pp |
| 2003 | 15.6% | $1.44 Million | $9.24 Million | $1.59 Million | $150.00K | ▼ -44.7 pp |
| 2001 | 60.3% | $6.07 Million | $10.06 Million | $6.11 Million | $40.53K | — |