TON Strategy Co (TONX) — Working Capital to Net Assets Ratio
TON Strategy Co (TONX) has a Working Capital to Net Assets ratio of 10.2% as of March 2026. Working capital of $32.33 Million (current assets of $37.36 Million minus current liabilities of $5.04 Million) is measured against net assets of $316.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see TONX asset base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TON Strategy Co Working Capital to Net Assets (2013–2025)
This chart shows how TON Strategy Co's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 10.2%, reflecting working capital of $32.33 Million against net assets of $316.56 Million USD. Explore TON Strategy Co capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for TON Strategy Co (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TON Strategy Co from 2013 to 2025, covering 13 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. Explore TONX long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.3% | $37.77 Million | $406.39 Million | $42.36 Million | $4.59 Million | ▼ -66.7 pp |
| 2024 | 76.0% | $12.17 Million | $16.02 Million | $16.47 Million | $4.29 Million | ▲ +156.1 pp |
| 2023 | -80.1% | $-2.50 Million | $3.12 Million | $4.68 Million | $7.19 Million | ▲ +161.3 pp |
| 2022 | -241.4% | $-12.47 Million | $5.17 Million | $4.06 Million | $16.53 Million | ▼ -130.8 pp |
| 2021 | -110.7% | $-14.74 Million | $13.32 Million | $3.19 Million | $17.93 Million | ▲ +12.3 pp |
| 2020 | -122.9% | $-13.21 Million | $10.74 Million | $3.67 Million | $16.88 Million | ▼ -47.6 pp |
| 2019 | -75.3% | $-8.62 Million | $11.45 Million | $2.59 Million | $11.22 Million | ▼ -157.8 pp |
| 2018 | 82.5% | $-4.17 Million | $-5.05 Million | $718.00K | $4.89 Million | ▼ -18.2 pp |
| 2017 | 100.7% | $-5.83 Million | $-5.79 Million | $51.47K | $5.88 Million | ▼ -1.3 pp |
| 2016 | 102.0% | $-3.54 Million | $-3.47 Million | $36.10K | $3.57 Million | ▲ +56.6 pp |
| 2015 | 45.3% | $-1.06 Million | $-2.34 Million | $168.94K | $1.23 Million | ▼ -38.6 pp |
| 2014 | 84.0% | $1.69 Million | $2.01 Million | $2.10 Million | $411.96K | ▼ -44.9 pp |
| 2013 | 128.9% | $-123.67K | $-95.97K | $137.25K | $260.92K | — |