RMG Acquisition Corp. III Working Capital to Net Assets Ratio
RMG Acquisition Corp. III working capital to net assets ratio. RMG Acquisition Corp. III (RMGCF) has a Working Capital to Net Assets ratio of 68.0% as of September 2023. Working capital of $-7.51 Million (current assets of $362.21K minus current liabilities of $7.87 Million) is measured against net assets of $-11.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RMG Acquisition Corp. III (RMGCF) tangible 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 RMG Acquisition Corp. III (2020–2022)
Working capital to net assets ratio of RMG Acquisition Corp. III from 2020 to 2022. This chart shows how RMG Acquisition Corp. III's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2020 to 2022. As of September 2023, the ratio stands at 68.0%, reflecting working capital of $-7.51 Million against net assets of $-11.04 Million USD. Read RMGCF liabilities breakdown for a breakdown of total debt and financial obligations.
RMG Acquisition Corp. III Working Capital to Net Assets Ratio by Year (2020–2022)
RMG Acquisition Corp. III working capital to net assets ratio by year from 2020 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for RMG Acquisition Corp. III from 2020 to 2022, covering 3 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 RMG Acquisition Corp. III asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -0.2% | $-1.10 Million | $467.98 Million | $73.23K | $1.17 Million | ▼ -0.3 pp |
| 2021 | 0.1% | $497.96K | $452.10 Million | $661.66K | $163.69K | ▲ +144.7 pp |
| 2020 | -144.6% | $-14.78K | $10.22K | $10.22K | $25.00K | — |