Scilex Holding Company (SCLX) — Working Capital to Net Assets Ratio

Latest as of June 2026: 153.3%

Scilex Holding Company (SCLX) has a Working Capital to Net Assets ratio of 153.3% as of June 2026. Working capital of $-476.01 Million (current assets of $36.23 Million minus current liabilities of $512.24 Million) is measured against net assets of $-310.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Scilex Holding Company fund operations to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

153.3%
Working Capital / Net Assets

Working Capital

$-476.01 Million
USD

Current Assets

$36.23 Million
USD

Current Liabilities

$512.24 Million
USD

Scilex Holding Company Working Capital to Net Assets (2020–2025)

This chart shows how Scilex Holding Company's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 153.3%, reflecting working capital of $-476.01 Million against net assets of $-310.49 Million USD. For the complete balance sheet picture, see SCLX current and non-current assets.

Annual Working Capital to Net Assets for Scilex Holding Company (2020–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Scilex Holding Company from 2020 to 2025, covering 6 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. Check financial resilience of Scilex Holding Company to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 210.3% $-445.29 Million $-211.75 Million $38.36 Million $483.65 Million ▲ +97.1 pp
2024 113.2% $-218.09 Million $-192.64 Million $41.55 Million $259.63 Million ▼ -4.5 pp
2023 117.7% $-203.60 Million $-172.94 Million $46.78 Million $250.38 Million ▲ +159.8 pp
2022 -42.0% $-15.23 Million $36.24 Million $29.61 Million $44.84 Million ▼ -107.4 pp
2021 65.4% $-146.42 Million $-223.88 Million $23.00 Million $169.42 Million ▲ +25.8 pp
2020 39.6% $-56.06 Million $-141.68 Million $22.42 Million $78.48 Million
pp = percentage points