KNOREX LTD. (KNRX) — Working Capital to Net Assets Ratio
KNOREX LTD. (KNRX) has a Working Capital to Net Assets ratio of 138.1% as of December 2024. Working capital of $-6.01 Million (current assets of $3.48 Million minus current liabilities of $9.49 Million) is measured against net assets of $-4.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see how large is KNOREX LTD.'s balance sheet.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
KNOREX LTD. Working Capital to Net Assets (2021–2024)
This chart shows how KNOREX LTD.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 138.1%, reflecting working capital of $-6.01 Million against net assets of $-4.35 Million USD. Explore KNRX operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for KNOREX LTD. (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for KNOREX LTD. from 2021 to 2024, 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. Read total liabilities of KNOREX LTD. for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 138.1% | $-6.01 Million | $-4.35 Million | $3.48 Million | $9.49 Million | ▲ +773.2 pp |
| 2023 | -635.1% | $-963.33K | $151.69K | $4.01 Million | $4.97 Million | ▼ -734.9 pp |
| 2022 | 99.8% | $-8.39 Million | $-8.41 Million | $2.99 Million | $11.38 Million | ▲ +16.5 pp |
| 2021 | 83.3% | $-4.54 Million | $-5.45 Million | $1.78 Million | $6.32 Million | — |