Skye Bioscience, Inc. Common Stock (SKYE) — Working Capital to Net Assets Ratio
Skye Bioscience, Inc. Common Stock (SKYE) has a Working Capital to Net Assets ratio of 115.1% as of June 2026. Working capital of $-572.22K (current assets of $10.96 Million minus current liabilities of $11.53 Million) is measured against net assets of $-497.31K. A higher ratio indicates strong short-term liquidity financed by the equity base. See SKYE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Skye Bioscience, Inc. Common Stock Working Capital to Net Assets (2012–2025)
This chart shows how Skye Bioscience, Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 115.1%, reflecting working capital of $-572.22K against net assets of $-497.31K USD. For the complete balance sheet picture, see how large is Skye Bioscience, Inc. Common Stock's balance sheet.
Annual Working Capital to Net Assets for Skye Bioscience, Inc. Common Stock (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Skye Bioscience, Inc. Common Stock from 2012 to 2025, covering 14 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 SKYE asset liquidity ratio 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 | 94.3% | $18.89 Million | $20.02 Million | $27.09 Million | $8.21 Million | ▼ -3.2 pp |
| 2024 | 97.6% | $66.49 Million | $68.15 Million | $70.83 Million | $4.34 Million | ▼ -8.0 pp |
| 2023 | 105.6% | $-2.25 Million | $-2.13 Million | $11.65 Million | $13.90 Million | ▼ 0.0 pp |
| 2022 | 105.6% | $-3.18 Million | $-3.01 Million | $8.94 Million | $12.12 Million | ▲ +8.4 pp |
| 2021 | 97.2% | $5.70 Million | $5.86 Million | $9.61 Million | $3.91 Million | ▼ -319.2 pp |
| 2020 | 416.4% | $1.88 Million | $450.79K | $2.66 Million | $787.20K | ▲ +229.6 pp |
| 2019 | 186.8% | $1.02 Million | $548.06K | $1.99 Million | $970.82K | ▲ +97.0 pp |
| 2018 | 89.9% | $-13.99 Million | $-15.56 Million | $1.95 Million | $15.94 Million | ▲ +58.6 pp |
| 2017 | 31.3% | $-250.16K | $-800.08K | $555.81K | $805.97K | ▲ +4.9 pp |
| 2016 | 26.4% | $-382.47K | $-1.45 Million | $279.49K | $661.96K | ▼ -583.4 pp |
| 2015 | 609.8% | $2.87 Million | $471.00K | $3.45 Million | $581.86K | ▲ +501.1 pp |
| 2014 | 108.6% | $-492.69K | $-453.55K | $308.40K | $801.09K | ▼ -99.9 pp |
| 2013 | 208.5% | $-76.02K | $-36.46K | $106.13K | $182.15K | ▲ +120.3 pp |
| 2012 | 88.2% | $34.02K | $38.56K | $38.35K | $4.33K | — |