Smart for Life, Inc. Common Stock (SMFL) — Working Capital to Net Assets Ratio
Smart for Life, Inc. Common Stock (SMFL) has a Working Capital to Net Assets ratio of -872.6% as of March 2025. Working capital of $-8.19 Million (current assets of $1.66 Million minus current liabilities of $9.85 Million) is measured against net assets of $938.46K. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see balance sheet size of Smart for Life, Inc. Common Stock.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smart for Life, Inc. Common Stock Working Capital to Net Assets (2019–2024)
This chart shows how Smart for Life, Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of March 2025, the ratio stands at -872.6%, reflecting working capital of $-8.19 Million against net assets of $938.46K USD. Explore SMFL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Smart for Life, Inc. Common Stock (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smart for Life, Inc. Common Stock from 2019 to 2024, 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. Read Smart for Life, Inc. Common Stock debt and liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 308.8% | $-19.72 Million | $-6.39 Million | $2.33 Million | $22.06 Million | ▲ +0.0 pp |
| 2023 | 308.8% | $-19.72 Million | $-6.39 Million | $2.33 Million | $22.06 Million | ▼ -179.8 pp |
| 2022 | 488.6% | $-11.54 Million | $-2.36 Million | $3.60 Million | $15.14 Million | ▲ +278.3 pp |
| 2021 | 210.2% | $-12.81 Million | $-6.09 Million | $4.34 Million | $17.14 Million | ▲ +123.3 pp |
| 2020 | 86.9% | $-6.19 Million | $-7.13 Million | $689.75K | $6.88 Million | ▼ -42.1 pp |
| 2019 | 129.0% | $-5.26 Million | $-4.08 Million | $716.36K | $5.98 Million | — |