Terns Pharmaceuticals Inc (TERN) — Working Capital to Net Assets Ratio
Terns Pharmaceuticals Inc (TERN) has a Working Capital to Net Assets ratio of 100.3% as of September 2025. Working capital of $284.91 Million (current assets of $300.30 Million minus current liabilities of $15.39 Million) is measured against net assets of $284.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Terns Pharmaceuticals Inc balance sheet assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Terns Pharmaceuticals Inc Working Capital to Net Assets (2018–2024)
This chart shows how Terns Pharmaceuticals Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 100.3%, reflecting working capital of $284.91 Million against net assets of $284.07 Million USD. Explore Terns Pharmaceuticals Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for Terns Pharmaceuticals Inc (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Terns Pharmaceuticals Inc from 2018 to 2024, covering 7 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 Terns Pharmaceuticals Inc balance sheet 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) |
|---|---|---|---|---|---|---|
| 2024 | 100.2% | $346.46 Million | $345.87 Million | $362.11 Million | $15.65 Million | ▲ +0.1 pp |
| 2023 | 100.0% | $255.49 Million | $255.37 Million | $267.43 Million | $11.94 Million | ▲ +0.1 pp |
| 2022 | 99.9% | $276.72 Million | $276.94 Million | $285.19 Million | $8.47 Million | ▲ +0.0 pp |
| 2021 | 99.9% | $160.11 Million | $160.30 Million | $166.93 Million | $6.82 Million | ▲ +0.7 pp |
| 2020 | 99.2% | $68.05 Million | $68.59 Million | $90.87 Million | $22.82 Million | ▲ +4.9 pp |
| 2019 | 94.3% | $17.27 Million | $18.32 Million | $22.22 Million | $4.95 Million | ▼ -24.9 pp |
| 2018 | 119.2% | $86.10 Million | $72.23 Million | $88.48 Million | $2.38 Million | — |