Springwater Special Situations Corp Working Capital to Net Assets Ratio
Springwater Special Situations Corp working capital to net assets ratio. Springwater Special Situations Corp (SWSS) has a Working Capital to Net Assets ratio of -19.8% as of March 2024. Working capital of $-2.88 Million (current assets of $17.53K minus current liabilities of $2.90 Million) is measured against net assets of $14.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Springwater Special Situations Corp 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 Springwater Special Situations Corp (2020–2022)
Working capital to net assets ratio of Springwater Special Situations Corp from 2020 to 2022. This chart shows how Springwater Special Situations Corp's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2020 to 2022. As of March 2024, the ratio stands at -19.8%, reflecting working capital of $-2.88 Million against net assets of $14.58 Million USD. Read SWSS total debt and obligations for a breakdown of total debt and financial obligations.
Springwater Special Situations Corp Working Capital to Net Assets Ratio by Year (2020–2022)
Springwater Special Situations Corp working capital to net assets ratio by year from 2020 to 2022. The table below presents the year-by-year Working Capital to Net Assets ratio for Springwater Special Situations Corp from 2020 to 2022, covering 3 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 SWSS total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -0.3% | $-469.48K | $174.70 Million | $320.82K | $790.30K | ▼ -0.6 pp |
| 2021 | 0.4% | $644.08K | $173.86 Million | $888.69K | $244.61K | ▲ +24.8 pp |
| 2020 | -24.4% | $-6.42K | $26.28K | $30.00 | $6.45K | — |