Kuke Music Holding Ltd Working Capital to Net Assets Ratio
Kuke Music Holding Ltd working capital to net assets ratio. Kuke Music Holding Ltd (KUKE) has a Working Capital to Net Assets ratio of -369.0% as of March 2025. Working capital of $-139.50 Million (current assets of $70.36 Million minus current liabilities of $209.85 Million) is measured against net assets of $37.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Kuke Music Holding Ltd (KUKE) tangible net worth 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 Kuke Music Holding Ltd (2017–2024)
Working capital to net assets ratio of Kuke Music Holding Ltd from 2017 to 2024. This chart shows how Kuke Music Holding Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at -369.0%, reflecting working capital of $-139.50 Million against net assets of $37.80 Million USD. See KUKE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Kuke Music Holding Ltd Working Capital to Net Assets Ratio by Year (2017–2024)
Kuke Music Holding Ltd working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Kuke Music Holding Ltd from 2017 to 2024, covering 8 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 Kuke Music Holding Ltd (KUKE) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -369.0% | $-139.50 Million | $37.80 Million | $70.36 Million | $209.85 Million | ▲ +281.9 pp |
| 2023 | -650.9% | $-153.34 Million | $23.56 Million | $53.75 Million | $207.08 Million | ▼ -441.0 pp |
| 2022 | -209.9% | $-127.62 Million | $60.79 Million | $53.27 Million | $180.89 Million | ▼ -215.6 pp |
| 2021 | 5.6% | $53.30 Million | $945.22 Million | $212.32 Million | $159.02 Million | ▲ +0.4 pp |
| 2020 | 5.2% | $34.67 Million | $661.17 Million | $238.99 Million | $204.32 Million | ▼ -10.0 pp |
| 2019 | 15.3% | $43.18 Million | $282.56 Million | $222.61 Million | $179.43 Million | ▼ -11.0 pp |
| 2018 | 26.3% | $59.45 Million | $225.81 Million | $193.10 Million | $133.64 Million | ▲ +5.0 pp |
| 2017 | 21.4% | $23.11 Million | $108.21 Million | $97.66 Million | $74.55 Million | — |