Newsmax, Inc. (NMAX) — Working Capital to Net Assets Ratio
Newsmax, Inc. (NMAX) has a Working Capital to Net Assets ratio of 107.7% as of December 2025. Working capital of $114.18 Trillion (current assets of $195.46 Trillion minus current liabilities of $81.28 Trillion) is measured against net assets of $106.05 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Newsmax, Inc. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Newsmax, Inc. Working Capital to Net Assets (2022–2025)
This chart shows how Newsmax, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 107.7%, reflecting working capital of $114.18 Trillion against net assets of $106.05 Trillion USD. Check Newsmax, Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Newsmax, Inc. (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Newsmax, Inc. from 2022 to 2025, 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. For live market cap and the full company profile, see Newsmax, Inc. market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 107.7% | $114.18 Trillion | $106.05 Trillion | $195.46 Trillion | $81.28 Trillion | ▲ +59.6 pp |
| 2024 | 48.0% | $-4.36 Million | $-9.07 Million | $118.29 Million | $122.65 Million | ▼ -21.6 pp |
| 2023 | 69.7% | $-16.43 Million | $-23.58 Million | $35.42 Million | $51.85 Million | ▲ +23.5 pp |
| 2022 | 46.1% | $8.35 Million | $18.10 Million | $42.47 Million | $34.11 Million | — |