Third Harmonic Bio Inc. (THRD) — Working Capital to Net Assets Ratio
Third Harmonic Bio Inc. (THRD) has a Working Capital to Net Assets ratio of 99.4% as of March 2025. Working capital of $270.89 Million (current assets of $276.00 Million minus current liabilities of $5.10 Million) is measured against net assets of $272.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Third Harmonic Bio Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Third Harmonic Bio Inc. Working Capital to Net Assets (2020–2024)
This chart shows how Third Harmonic Bio Inc.'s Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of March 2025, the ratio stands at 99.4%, reflecting working capital of $270.89 Million against net assets of $272.62 Million USD. For the complete balance sheet picture, see THRD asset base.
Annual Working Capital to Net Assets for Third Harmonic Bio Inc. (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Third Harmonic Bio Inc. from 2020 to 2024, covering 5 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 Third Harmonic Bio Inc. debt and 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 | 99.4% | $283.43 Million | $285.15 Million | $290.54 Million | $7.11 Million | ▲ +0.2 pp |
| 2023 | 99.2% | $267.03 Million | $269.08 Million | $272.45 Million | $5.42 Million | ▼ -0.1 pp |
| 2022 | 99.3% | $287.18 Million | $289.07 Million | $292.83 Million | $5.65 Million | ▲ +363.7 pp |
| 2021 | -264.4% | $123.48 Million | $-46.71 Million | $129.16 Million | $5.69 Million | ▼ -230.5 pp |
| 2020 | -33.9% | $6.22 Million | $-18.36 Million | $8.43 Million | $2.21 Million | — |