Interactive Strength Inc. Common Stock (TRNR) — Working Capital to Net Assets Ratio
Interactive Strength Inc. Common Stock (TRNR) has a Working Capital to Net Assets ratio of -259.5% as of December 2025. Working capital of $-16.58 Million (current assets of $14.70 Million minus current liabilities of $31.29 Million) is measured against net assets of $6.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Interactive Strength Inc. Common Stock fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Interactive Strength Inc. Common Stock Working Capital to Net Assets (2020–2025)
This chart shows how Interactive Strength Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at -259.5%, reflecting working capital of $-16.58 Million against net assets of $6.39 Million USD. For the complete balance sheet picture, see balance sheet size of Interactive Strength Inc. Common Stock.
Annual Working Capital to Net Assets for Interactive Strength Inc. Common Stock (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Interactive Strength Inc. Common Stock from 2020 to 2025, covering 6 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 TRNR total debt and obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -259.5% | $-16.58 Million | $6.39 Million | $14.70 Million | $31.29 Million | ▲ +2.8 pp |
| 2024 | -262.3% | $-18.66 Million | $7.12 Million | $8.22 Million | $26.88 Million | ▼ -553.7 pp |
| 2023 | 291.4% | $-16.18 Million | $-5.55 Million | $5.36 Million | $21.53 Million | ▼ -233.5 pp |
| 2022 | 524.9% | $-14.35 Million | $-2.73 Million | $9.82 Million | $24.17 Million | ▲ +511.6 pp |
| 2021 | 13.3% | $-2.62 Million | $-19.66 Million | $8.86 Million | $11.48 Million | ▼ -80.0 pp |
| 2020 | 93.3% | $-12.53 Million | $-13.43 Million | $2.10 Million | $14.62 Million | — |