Turnstone Biologics Corp. Common Stock (TSBX) — Working Capital to Net Assets Ratio
Turnstone Biologics Corp. Common Stock (TSBX) has a Working Capital to Net Assets ratio of 100.0% as of June 2025. Working capital of $14.76 Million (current assets of $21.11 Million minus current liabilities of $6.34 Million) is measured against net assets of $14.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Turnstone Biologics Corp. Common Stock asset portfolio.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turnstone Biologics Corp. Common Stock Working Capital to Net Assets (2021–2024)
This chart shows how Turnstone Biologics Corp. Common Stock's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting working capital of $14.76 Million against net assets of $14.76 Million USD. Check TSBX cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Annual Working Capital to Net Assets for Turnstone Biologics Corp. Common Stock (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turnstone Biologics Corp. Common Stock from 2021 to 2024, covering 4 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 Turnstone Biologics Corp. Common Stock (TSBX) financial 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) |
|---|---|---|---|---|---|---|
| 2024 | 82.7% | $26.02 Million | $31.47 Million | $34.22 Million | $8.20 Million | ▼ -9.1 pp |
| 2023 | 91.8% | $90.58 Million | $98.67 Million | $102.55 Million | $11.97 Million | ▲ +154.1 pp |
| 2022 | -62.3% | $63.17 Million | $-101.47 Million | $98.00 Million | $34.83 Million | ▲ +87.2 pp |
| 2021 | -149.5% | $122.37 Million | $-81.85 Million | $177.34 Million | $54.98 Million | — |