Connexa Sports Technologies Inc. Working Capital to Net Assets Ratio
Connexa Sports Technologies Inc. working capital to net assets ratio. Connexa Sports Technologies Inc. (YYAI) has a Working Capital to Net Assets ratio of -14.0% as of July 2026. Working capital of $-24.03 Million (current assets of $33.67 Million minus current liabilities of $57.70 Million) is measured against net assets of $172.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Connexa Sports Technologies Inc. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Connexa Sports Technologies Inc. (2016–2026)
Working capital to net assets ratio of Connexa Sports Technologies Inc. from 2016 to 2026. This chart shows how Connexa Sports Technologies Inc.'s Working Capital to Net Assets ratio has evolved across 11 annual periods from 2016 to 2026. As of July 2026, the ratio stands at -14.0%, reflecting working capital of $-24.03 Million against net assets of $172.24 Million USD. See how many days can Connexa Sports Technologies Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Connexa Sports Technologies Inc. Working Capital to Net Assets Ratio by Year (2016–2026)
Connexa Sports Technologies Inc. working capital to net assets ratio by year from 2016 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Connexa Sports Technologies Inc. from 2016 to 2026, covering 11 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. For the complete balance sheet picture, see YYAI asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 23.6% | $40.21 Million | $170.56 Million | $59.46 Million | $19.25 Million | ▼ -36.6 pp |
| 2025 | 60.2% | $15.91 Million | $26.42 Million | $22.40 Million | $6.49 Million | ▼ -18.9 pp |
| 2024 | 79.2% | $7.60 Million | $9.60 Million | $19.62 Million | $12.02 Million | ▼ -21.7 pp |
| 2023 | 100.9% | $-18.78 Million | $-18.61 Million | $4.99 Million | $23.77 Million | ▲ +181.3 pp |
| 2022 | -80.4% | $-26.15 Million | $32.51 Million | $12.83 Million | $38.98 Million | ▼ -181.0 pp |
| 2021 | 100.6% | $-18.55 Million | $-18.45 Million | $5.58 Million | $24.14 Million | ▲ +38.4 pp |
| 2020 | 62.2% | $-3.11 Million | $-4.99 Million | $1.38 Million | $4.49 Million | ▼ -77.9 pp |
| 2019 | 140.1% | $-8.68K | $-6.19K | $2.64K | $11.31K | ▲ +61.9 pp |
| 2018 | 78.2% | $18.21K | $23.30K | $21.43K | $3.21K | ▲ +0.4 pp |
| 2017 | 77.8% | $9.63K | $12.38K | $16.61K | $6.99K | ▼ -22.2 pp |
| 2016 | 100.0% | $4.19K | $4.19K | $5.10K | $914.00 | — |