Toughbuilt Industries Inc Working Capital to Net Assets Ratio
Toughbuilt Industries Inc 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Toughbuilt Industries Inc (2014–2024)
Working capital to net assets ratio of Toughbuilt Industries Inc from 2014 to 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. See Toughbuilt Industries Inc (TBLT) liquidity interval to measure how many days the company can operate on defensive assets alone.
Toughbuilt Industries Inc Working Capital to Net Assets Ratio by Year (2014–2024)
Toughbuilt Industries Inc working capital to net assets ratio by year from 2014 to 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. For the complete balance sheet picture, see balance sheet size of Toughbuilt Industries Inc.
| 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 | — |