Red Cat Holdings Inc Working Capital to Net Assets Ratio
Red Cat Holdings Inc working capital to net assets ratio. Red Cat Holdings Inc (RCAT) has a Working Capital to Net Assets ratio of 84.2% as of July 2026. Working capital of $396.50 Million (current assets of $425.11 Million minus current liabilities of $28.61 Million) is measured against net assets of $471.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RCAT tangible net worth 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 Red Cat Holdings Inc (1996–2026)
Working capital to net assets ratio of Red Cat Holdings Inc from 1996 to 2026. This chart shows how Red Cat Holdings Inc's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2026. As of July 2026, the ratio stands at 84.2%, reflecting working capital of $396.50 Million against net assets of $471.18 Million USD. See Red Cat Holdings Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Red Cat Holdings Inc Working Capital to Net Assets Ratio by Year (1996–2026)
Red Cat Holdings Inc working capital to net assets ratio by year from 1996 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Red Cat Holdings Inc from 1996 to 2026, covering 30 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 RCAT total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 86.3% | $212.09 Million | $245.83 Million | $226.94 Million | $14.85 Million | ▲ +43.1 pp |
| 2025 | 43.1% | $21.62 Million | $50.12 Million | $25.80 Million | $4.18 Million | ▲ +0.1 pp |
| 2024 | 43.0% | $18.75 Million | $43.56 Million | $22.40 Million | $3.65 Million | ▼ -8.3 pp |
| 2023 | 51.4% | $28.12 Million | $54.77 Million | $32.18 Million | $4.05 Million | ▼ -13.1 pp |
| 2022 | 64.4% | $50.21 Million | $77.92 Million | $55.65 Million | $5.44 Million | ▲ +122.1 pp |
| 2021 | -57.6% | $-3.03 Million | $5.27 Million | $1.64 Million | $4.67 Million | ▼ -24.2 pp |
| 2020 | -33.4% | $-510.93K | $1.53 Million | $318.34K | $829.27K | ▼ -133.4 pp |
| 2019 | 100.0% | $-187.27K | $-187.27K | $603.44K | $790.71K | ▲ +48.8 pp |
| 2018 | 51.2% | $-1.72 Million | $-3.36 Million | $690.52K | $2.41 Million | ▲ +59.9 pp |
| 2017 | -8.7% | $465.33K | $-5.34 Million | $499.78K | $34.45K | ▼ -179.8 pp |
| 2016 | 171.1% | $-314.25K | $-183.71K | $6.17K | $320.42K | ▲ +195.3 pp |
| 2015 | -24.3% | $-307.03K | $1.27 Million | $1.55K | $308.58K | ▼ -65.2 pp |
| 2014 | 40.9% | $114.34K | $279.34K | $142.04K | $27.70K | ▼ -59.1 pp |
| 2013 | 100.0% | $48.67K | $48.67K | $151.21K | $102.54K | ▼ -2.4 pp |
| 2012 | 102.4% | $-1.07 Million | $-1.05 Million | $11.96K | $1.08 Million | ▲ +16.2 pp |
| 2011 | 86.2% | $-836.75K | $-970.75K | $41.48K | $878.23K | ▼ -23.1 pp |
| 2010 | 109.3% | $-1.04 Million | $-951.37K | $30.00K | $1.07 Million | ▼ -4.8 pp |
| 2009 | 114.1% | $-990.00K | $-867.34K | $30.00K | $1.02 Million | ▲ +4.4 pp |
| 2008 | 109.8% | $-1.39 Million | $-1.26 Million | $1.90K | $1.39 Million | ▼ -0.7 pp |
| 2007 | 110.5% | $-1.51 Million | $-1.36 Million | $3.13K | $1.51 Million | ▲ +1.5 pp |
| 2006 | 109.0% | $-1.91 Million | $-1.75 Million | $3.75K | $1.91 Million | ▼ -48.6 pp |
| 2005 | 157.6% | $-2.17 Million | $-1.38 Million | $-4.39K | $2.17 Million | ▲ +85.4 pp |
| 2004 | 72.2% | $-1.33 Million | $-1.84 Million | $15.83K | $1.34 Million | ▼ -37.1 pp |
| 2002 | 109.3% | $-4.00 Million | $-3.66 Million | $30.00K | $4.03 Million | ▼ -103.4 pp |
| 2001 | 212.7% | $-1.68 Million | $-790.00K | $230.00K | $1.91 Million | ▲ +236.5 pp |
| 2000 | -23.8% | $-500.00K | $2.10 Million | $480.00K | $980.00K | ▲ +89.1 pp |
| 1999 | -112.9% | $-1.31 Million | $1.16 Million | $20.00K | $1.33 Million | ▼ -5.6 pp |
| 1998 | -107.3% | $-1.61 Million | $1.50 Million | $20.00K | $1.63 Million | ▲ +15.9 pp |
| 1997 | -123.3% | $-1.43 Million | $1.16 Million | $100.00K | $1.53 Million | ▼ -97.1 pp |
| 1996 | -26.1% | $-290.00K | $1.11 Million | $310.00K | $600.00K | — |