Toughbuilt Industries Inc (TBLT) — Working Capital to Net Assets Ratio
Toughbuilt Industries Inc (TBLT) has a Working Capital to Net Assets ratio of 273.9% as of September 2024. Working capital of $-26.62 Million (current assets of $33.50 Million minus current liabilities of $60.12 Million) is measured against net assets of $-9.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Toughbuilt Industries Inc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toughbuilt Industries Inc Working Capital to Net Assets (2014–2024)
This chart shows how Toughbuilt Industries Inc's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2024, the ratio stands at 273.9%, reflecting working capital of $-26.62 Million against net assets of $-9.72 Million USD. For the complete balance sheet picture, see TBLT total asset value.
Annual Working Capital to Net Assets for Toughbuilt Industries Inc (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toughbuilt Industries Inc from 2014 to 2024, covering 11 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. Check how resilient are Toughbuilt Industries Inc's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 273.9% | $-26.62 Million | $-9.72 Million | $33.50 Million | $60.12 Million | ▲ +0.0 pp |
| 2023 | 273.9% | $-26.62 Million | $-9.72 Million | $33.50 Million | $60.12 Million | ▲ +242.3 pp |
| 2022 | 31.6% | $9.38 Million | $29.71 Million | $60.11 Million | $50.73 Million | ▼ -44.1 pp |
| 2021 | 75.7% | $43.81 Million | $57.90 Million | $64.87 Million | $21.06 Million | ▼ -7.8 pp |
| 2020 | 83.5% | $16.15 Million | $19.35 Million | $24.30 Million | $8.14 Million | ▲ +22.1 pp |
| 2019 | 61.4% | $1.98 Million | $3.23 Million | $9.22 Million | $7.24 Million | ▼ -40.0 pp |
| 2018 | 101.4% | $-19.22 Million | $-18.96 Million | $8.59 Million | $27.81 Million | ▲ +12.7 pp |
| 2017 | 88.7% | $-8.65 Million | $-9.75 Million | $2.01 Million | $10.66 Million | ▲ +113.2 pp |
| 2016 | -24.5% | $961.82K | $-3.92 Million | $3.01 Million | $2.04 Million | ▼ -144.0 pp |
| 2015 | 119.5% | $-517.23K | $-432.97K | $1.44 Million | $1.96 Million | ▲ +1.0 pp |
| 2014 | 118.4% | $-550.99K | $-465.28K | $1.52 Million | $2.07 Million | — |