Twin Hospitality Group Inc. (TWNP) — Working Capital to Net Assets Ratio
Twin Hospitality Group Inc. (TWNP) has a Working Capital to Net Assets ratio of 455.9% as of September 2025. Working capital of $-419.97 Million (current assets of $28.27 Million minus current liabilities of $448.24 Million) is measured against net assets of $-92.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TWNP days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Twin Hospitality Group Inc. Working Capital to Net Assets (2022–2024)
This chart shows how Twin Hospitality Group Inc.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2022 to 2024. As of September 2025, the ratio stands at 455.9%, reflecting working capital of $-419.97 Million against net assets of $-92.13 Million USD. For the complete balance sheet picture, see total assets of Twin Hospitality Group Inc..
Annual Working Capital to Net Assets for Twin Hospitality Group Inc. (2022–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Twin Hospitality Group Inc. from 2022 to 2024, covering 3 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 how much debt does Twin Hospitality Group Inc. carry 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 | 31.2% | $-26.43 Million | $-84.61 Million | $28.80 Million | $55.23 Million | ▼ -243.6 pp |
| 2023 | 274.9% | $-42.63 Million | $-15.51 Million | $28.09 Million | $70.73 Million | ▲ +302.0 pp |
| 2022 | -27.1% | $-16.31 Million | $60.18 Million | $16.60 Million | $32.91 Million | — |