Spark I Acquisition Corp. Class A Ordinary Share (SPKL) — Working Capital to Net Assets Ratio
Spark I Acquisition Corp. Class A Ordinary Share (SPKL) has a Working Capital to Net Assets ratio of -22.7% as of March 2026. Working capital of $-4.07 Million (current assets of $242.41K minus current liabilities of $4.31 Million) is measured against net assets of $17.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spark I Acquisition Corp. Class A Ordina financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spark I Acquisition Corp. Class A Ordinary Share Working Capital to Net Assets (2021–2025)
This chart shows how Spark I Acquisition Corp. Class A Ordinary Share's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at -22.7%, reflecting working capital of $-4.07 Million against net assets of $17.92 Million USD. See SPKL net asset quality score to measure how much of total assets are equity-financed.
Annual Working Capital to Net Assets for Spark I Acquisition Corp. Class A Ordinary Share (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spark I Acquisition Corp. Class A Ordinary Share from 2021 to 2025, covering 5 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 SPKL company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -20.3% | $-3.65 Million | $18.01 Million | $193.37K | $3.85 Million | ▼ -19.4 pp |
| 2024 | -0.8% | $-868.90K | $102.56 Million | $479.81K | $1.35 Million | ▼ -2.0 pp |
| 2023 | 1.2% | $1.15 Million | $99.41 Million | $1.56 Million | $408.68K | ▼ -134.6 pp |
| 2022 | 135.7% | $-2.39 Million | $-1.76 Million | $675.14K | $3.07 Million | ▼ -57.3 pp |
| 2021 | 193.0% | $-828.86K | $-429.45K | $455.09K | $1.28 Million | — |