Tian Ruixiang Holdings Ltd Working Capital to Net Assets Ratio
Tian Ruixiang Holdings Ltd working capital to net assets ratio. Tian Ruixiang Holdings Ltd (TIRX) has a Working Capital to Net Assets ratio of -1088.7% as of July 2025. Working capital of $34.53 Million (current assets of $37.82 Million minus current liabilities of $3.29 Million) is measured against net assets of $-3.17 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 Tian Ruixiang Holdings Ltd (2017–2024)
Working capital to net assets ratio of Tian Ruixiang Holdings Ltd from 2017 to 2024. This chart shows how Tian Ruixiang Holdings Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of July 2025, the ratio stands at -1088.7%, reflecting working capital of $34.53 Million against net assets of $-3.17 Million USD. See TIRX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Tian Ruixiang Holdings Ltd Working Capital to Net Assets Ratio by Year (2017–2024)
Tian Ruixiang Holdings Ltd working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Tian Ruixiang Holdings Ltd from 2017 to 2024, covering 8 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 TIRX total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.3% | $34.00 Million | $33.89 Million | $39.92 Million | $5.92 Million | ▲ +24.6 pp |
| 2023 | 75.7% | $24.56 Million | $32.42 Million | $27.62 Million | $3.06 Million | ▼ -23.9 pp |
| 2022 | 99.6% | $33.36 Million | $33.48 Million | $34.86 Million | $1.49 Million | ▲ +21.4 pp |
| 2021 | 78.2% | $30.51 Million | $38.99 Million | $31.63 Million | $1.12 Million | ▼ -17.5 pp |
| 2020 | 95.8% | $8.27 Million | $8.64 Million | $9.56 Million | $1.29 Million | ▼ -0.5 pp |
| 2019 | 96.3% | $7.30 Million | $7.58 Million | $8.09 Million | $790.61K | ▲ +0.1 pp |
| 2018 | 96.1% | $7.19 Million | $7.47 Million | $8.45 Million | $1.27 Million | ▲ +39.4 pp |
| 2017 | 56.8% | $408.00K | $718.44K | $678.37K | $270.37K | — |