Sunworks Inc Working Capital to Net Assets Ratio
Sunworks Inc working capital to net assets ratio. Sunworks Inc (SUNWQ) has a Working Capital to Net Assets ratio of 43.5% as of September 2023. Working capital of $9.40 Million (current assets of $49.30 Million minus current liabilities of $39.90 Million) is measured against net assets of $21.61 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Sunworks Inc tangible book value ratio 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 Sunworks Inc (2016–2022)
Working capital to net assets ratio of Sunworks Inc from 2016 to 2022. This chart shows how Sunworks Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 43.5%, reflecting working capital of $9.40 Million against net assets of $21.61 Million USD. See defensive interval ratio of Sunworks Inc to measure how many days the company can operate on defensive assets alone.
Sunworks Inc Working Capital to Net Assets Ratio by Year (2016–2022)
Sunworks Inc working capital to net assets ratio by year from 2016 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Sunworks Inc from 2016 to 2022, covering 7 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 SUNWQ total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 36.9% | $23.60 Million | $63.94 Million | $74.85 Million | $51.26 Million | ▼ -2.6 pp |
| 2021 | 39.5% | $28.74 Million | $72.77 Million | $53.48 Million | $24.75 Million | ▼ -51.2 pp |
| 2020 | 90.7% | $30.89 Million | $34.06 Million | $45.94 Million | $15.05 Million | ▲ +73.4 pp |
| 2019 | 17.3% | $1.46 Million | $8.44 Million | $19.25 Million | $17.79 Million | ▼ -20.6 pp |
| 2018 | 37.9% | $3.79 Million | $10.00 Million | $21.81 Million | $18.02 Million | ▲ +10.1 pp |
| 2017 | 27.9% | $4.36 Million | $15.66 Million | $28.48 Million | $24.12 Million | ▼ -16.3 pp |
| 2016 | 44.2% | $9.37 Million | $21.20 Million | $28.59 Million | $19.22 Million | — |