Upstream Bio, Inc. (UPB) — Working Capital to Net Assets Ratio
Upstream Bio, Inc. (UPB) has a Working Capital to Net Assets ratio of 99.5% as of June 2026. Working capital of $269.61 Million (current assets of $279.60 Million minus current liabilities of $9.99 Million) is measured against net assets of $270.96 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See UPB defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Upstream Bio, Inc. Working Capital to Net Assets (2022–2025)
This chart shows how Upstream Bio, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of June 2026, the ratio stands at 99.5%, reflecting working capital of $269.61 Million against net assets of $270.96 Million USD. For the complete balance sheet picture, see UPB total assets.
Annual Working Capital to Net Assets for Upstream Bio, Inc. (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Upstream Bio, Inc. from 2022 to 2025, 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. Check Upstream Bio, Inc. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 99.6% | $338.35 Million | $339.77 Million | $351.80 Million | $13.45 Million | ▼ -0.1 pp |
| 2024 | 99.7% | $468.42 Million | $469.85 Million | $479.16 Million | $10.74 Million | ▲ +189.4 pp |
| 2023 | -89.7% | $110.48 Million | $-123.13 Million | $117.00 Million | $6.51 Million | ▼ -77.1 pp |
| 2022 | -12.7% | $13.45 Million | $-106.16 Million | $18.31 Million | $4.86 Million | — |