Seelos Therapeutics, Inc. Working Capital to Net Assets Ratio
Seelos Therapeutics, Inc. working capital to net assets ratio. Seelos Therapeutics, Inc. (SEELQ) has a Working Capital to Net Assets ratio of 100.2% as of June 2024. Working capital of $-28.18 Million (current assets of $2.33 Million minus current liabilities of $30.51 Million) is measured against net assets of $-28.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Seelos Therapeutics, Inc. 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 Seelos Therapeutics, Inc. (2020–2023)
Working capital to net assets ratio of Seelos Therapeutics, Inc. from 2020 to 2023. This chart shows how Seelos Therapeutics, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at 100.2%, reflecting working capital of $-28.18 Million against net assets of $-28.13 Million USD. See SEELQ defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Seelos Therapeutics, Inc. Working Capital to Net Assets Ratio by Year (2020–2023)
Seelos Therapeutics, Inc. working capital to net assets ratio by year from 2020 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Seelos Therapeutics, Inc. from 2020 to 2023, covering 4 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 SEELQ total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 100.0% | $-33.52 Million | $-33.51 Million | $5.40 Million | $38.93 Million | ▲ +76.6 pp |
| 2022 | 23.4% | $-2.48 Million | $-10.61 Million | $22.67 Million | $25.16 Million | ▼ -107.7 pp |
| 2021 | 131.1% | $75.17 Million | $57.32 Million | $83.46 Million | $8.29 Million | ▼ -260.2 pp |
| 2020 | 391.3% | $10.06 Million | $2.57 Million | $17.49 Million | $7.43 Million | — |