Springwater Special Situations Corp (SWSS) — 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Springwater Special Situations Corp Working Capital to Net Assets (2020–2022)
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. For the complete balance sheet picture, see Springwater Special Situations Corp balance sheet assets.
Annual Working Capital to Net Assets for Springwater Special Situations Corp (2020–2022)
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. Read Springwater Special Situations Corp (SWSS) total 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) |
|---|---|---|---|---|---|---|
| 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 | — |