Surgepays Inc (SURG) — Working Capital to Net Assets Ratio
Surgepays Inc (SURG) has a Working Capital to Net Assets ratio of 131.5% as of September 2025. Working capital of $-8.45 Million (current assets of $9.23 Million minus current liabilities of $17.67 Million) is measured against net assets of $-6.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Surgepays Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Surgepays Inc Working Capital to Net Assets (2006–2024)
This chart shows how Surgepays Inc's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 131.5%, reflecting working capital of $-8.45 Million against net assets of $-6.42 Million USD. Check tangible equity quality of Surgepays Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Surgepays Inc (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Surgepays Inc from 2006 to 2024, covering 17 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 SURG market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 77.4% | $11.81 Million | $15.26 Million | $17.87 Million | $6.06 Million | ▲ +4.6 pp |
| 2023 | 72.7% | $20.66 Million | $28.40 Million | $33.37 Million | $12.71 Million | ▼ -7.4 pp |
| 2022 | 80.1% | $4.10 Million | $5.12 Million | $27.56 Million | $23.46 Million | ▼ -29.6 pp |
| 2021 | 109.7% | $3.89 Million | $3.55 Million | $13.89 Million | $10.00 Million | ▼ -21.4 pp |
| 2020 | 131.0% | $-14.05 Million | $-10.73 Million | $1.25 Million | $15.30 Million | ▲ +57.0 pp |
| 2019 | 74.0% | $-3.48 Million | $-4.70 Million | $3.57 Million | $7.05 Million | ▼ -13.1 pp |
| 2018 | 87.1% | $-1.73 Million | $-1.99 Million | $3.06 Million | $4.79 Million | ▲ +444.1 pp |
| 2017 | -357.0% | $-2.17 Million | $607.05K | $319.56K | $2.49 Million | ▼ -522.5 pp |
| 2016 | 165.6% | $-3.01 Million | $-1.82 Million | $2.39 Million | $5.40 Million | ▼ -205.4 pp |
| 2015 | 371.0% | $-2.25 Million | $-606.75K | $346.04K | $2.60 Million | ▲ +371.6 pp |
| 2014 | -0.6% | $461.00 | $-79.91K | $315.43K | $314.97K | ▼ -100.8 pp |
| 2013 | 100.2% | $-833.07K | $-831.00K | $726.00 | $833.80K | ▼ 0.0 pp |
| 2012 | 100.3% | $-770.89K | $-768.72K | $683.00 | $771.57K | ▼ -1.8 pp |
| 2010 | 102.0% | $-115.57K | $-113.27K | $9.38K | $124.95K | ▲ +149.9 pp |
| 2009 | -47.8% | $73.01K | $-152.67K | $153.72K | $80.71K | ▼ -230.6 pp |
| 2007 | 182.8% | $-7.73K | $-4.23K | $4.31K | $12.04K | ▲ +82.8 pp |
| 2006 | 100.0% | $62.55K | $62.55K | $74.97K | $12.42K | — |