Upexi Inc. (UPXI) — Working Capital to Net Assets Ratio
Upexi Inc. (UPXI) has a Working Capital to Net Assets ratio of -98.2% as of March 2026. Working capital of $50.98 Million (current assets of $121.80 Million minus current liabilities of $70.82 Million) is measured against net assets of $-51.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Upexi Inc. balance sheet assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Upexi Inc. Working Capital to Net Assets (2019–2025)
This chart shows how Upexi Inc.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at -98.2%, reflecting working capital of $50.98 Million against net assets of $-51.92 Million USD. Explore UPXI capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Upexi Inc. (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Upexi Inc. from 2019 to 2025, covering 7 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 Upexi Inc. 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 | 26.9% | $24.21 Million | $90.10 Million | $56.78 Million | $32.56 Million | ▲ +45.8 pp |
| 2024 | -19.0% | $-1.24 Million | $6.52 Million | $11.42 Million | $12.66 Million | ▼ -46.3 pp |
| 2023 | 27.4% | $7.62 Million | $27.84 Million | $30.01 Million | $22.39 Million | ▲ +3.3 pp |
| 2022 | 24.1% | $6.93 Million | $28.79 Million | $17.06 Million | $10.13 Million | ▼ -34.7 pp |
| 2021 | 58.8% | $12.47 Million | $21.22 Million | $18.29 Million | $5.82 Million | ▲ +98.7 pp |
| 2020 | -39.9% | $-869.76K | $2.18 Million | $2.65 Million | $3.52 Million | ▼ -102.6 pp |
| 2019 | 62.7% | $4.01 Million | $6.40 Million | $5.12 Million | $1.11 Million | — |