Rafael Holdings, Inc. (RFL) — Working Capital to Net Assets Ratio
Rafael Holdings, Inc. (RFL) has a Working Capital to Net Assets ratio of 36.1% as of January 2026. Working capital of $30.09 Million (current assets of $42.45 Million minus current liabilities of $12.36 Million) is measured against net assets of $83.26 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Rafael Holdings, Inc. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rafael Holdings, Inc. Working Capital to Net Assets (2016–2025)
This chart shows how Rafael Holdings, Inc.'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of January 2026, the ratio stands at 36.1%, reflecting working capital of $30.09 Million against net assets of $83.26 Million USD. Check RFL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Rafael Holdings, Inc. (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rafael Holdings, Inc. from 2016 to 2025, covering 10 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 Rafael Holdings, Inc. market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 45.9% | $45.11 Million | $98.37 Million | $56.71 Million | $11.60 Million | ▼ -29.5 pp |
| 2024 | 75.3% | $64.99 Million | $86.26 Million | $72.50 Million | $7.51 Million | ▼ -8.3 pp |
| 2023 | 83.6% | $80.80 Million | $96.63 Million | $82.94 Million | $2.15 Million | ▼ -6.2 pp |
| 2022 | 89.8% | $87.32 Million | $97.21 Million | $108.35 Million | $21.03 Million | ▲ +91.7 pp |
| 2021 | -1.9% | $-2.54 Million | $136.70 Million | $14.76 Million | $17.30 Million | ▼ -5.0 pp |
| 2020 | 3.1% | $4.11 Million | $130.53 Million | $9.83 Million | $5.73 Million | ▼ -6.3 pp |
| 2019 | 9.5% | $11.83 Million | $124.76 Million | $13.26 Million | $1.43 Million | ▼ -28.3 pp |
| 2018 | 37.7% | $43.62 Million | $115.56 Million | $44.51 Million | $891.00K | ▲ +18.7 pp |
| 2017 | 19.0% | $11.80 Million | $62.08 Million | $12.17 Million | $363.00K | ▲ +14.3 pp |
| 2016 | 4.7% | $2.31 Million | $48.81 Million | $2.61 Million | $302.00K | — |