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 94.3% as of December 2025. Working capital of $18.89 Million (current assets of $27.09 Million minus current liabilities of $8.21 Million) is measured against net assets of $20.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SKYE equity financing ratio to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 94.3%, reflecting working capital of $18.89 Million against net assets of $20.02 Million USD. Check tangible net worth ratio of Skye Bioscience, Inc. Common Stock to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market cap of Skye Bioscience, Inc. Common Stock.
| 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 | — |