RenovoRx Inc Working Capital to Net Assets Ratio
RenovoRx Inc working capital to net assets ratio. RenovoRx Inc (RNXT) has a Working Capital to Net Assets ratio of 99.4% as of June 2026. Working capital of $8.93 Million (current assets of $10.81 Million minus current liabilities of $1.88 Million) is measured against net assets of $8.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check RenovoRx Inc (RNXT) 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 RenovoRx Inc (2019–2025)
Working capital to net assets ratio of RenovoRx Inc from 2019 to 2025. This chart shows how RenovoRx Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 99.4%, reflecting working capital of $8.93 Million against net assets of $8.98 Million USD. See RNXT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
RenovoRx Inc Working Capital to Net Assets Ratio by Year (2019–2025)
RenovoRx Inc working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for RenovoRx Inc from 2019 to 2025, covering 7 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 RenovoRx Inc (RNXT) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 109.4% | $5.93 Million | $5.42 Million | $7.89 Million | $1.96 Million | ▼ -22.8 pp |
| 2024 | 132.2% | $5.92 Million | $4.48 Million | $7.83 Million | $1.91 Million | ▲ +141.9 pp |
| 2023 | -9.7% | $291.00K | $-3.00 Million | $1.47 Million | $1.18 Million | ▼ -109.7 pp |
| 2022 | 100.0% | $6.16 Million | $6.16 Million | $7.26 Million | $1.10 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $15.34 Million | $15.35 Million | $16.28 Million | $938.00K | ▲ +85.0 pp |
| 2020 | 14.9% | $-2.19 Million | $-14.66 Million | $1.91 Million | $4.10 Million | ▼ -84.8 pp |
| 2019 | 99.7% | $1.46 Million | $1.47 Million | $2.27 Million | $805.00K | — |