Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ) — Working Capital to Net Assets Ratio
Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ) has a Working Capital to Net Assets ratio of -3294.3% as of December 2025. Working capital of $-8.19 Million (current assets of $111.53K minus current liabilities of $8.30 Million) is measured against net assets of $248.70K. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Horizon Quantum Holdings Ltd. Class A Or total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Horizon Quantum Holdings Ltd. Class A Ordinary Shares Working Capital to Net Assets (2023–2025)
This chart shows how Horizon Quantum Holdings Ltd. Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of December 2025, the ratio stands at -3294.3%, reflecting working capital of $-8.19 Million against net assets of $248.70K USD. Explore HQ capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Horizon Quantum Holdings Ltd. Class A Ordinary Shares (2023–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Horizon Quantum Holdings Ltd. Class A Ordinary Shares from 2023 to 2025, 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 HQ total debt and 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) |
|---|---|---|---|---|---|---|
| 2025 | -3294.3% | $-8.19 Million | $248.70K | $111.53K | $8.30 Million | ▼ -3361.3 pp |
| 2024 | 67.0% | $6.96 Million | $10.39 Million | $8.02 Million | $1.06 Million | ▼ -27.8 pp |
| 2023 | 94.8% | $16.81 Million | $17.73 Million | $17.03 Million | $225.44K | — |