SDCL EDGE Acquisition Corporation Working Capital to Net Assets Ratio
SDCL EDGE Acquisition Corporation working capital to net assets ratio. SDCL EDGE Acquisition Corporation (SEDA) has a Working Capital to Net Assets ratio of -42.6% as of June 2024. Working capital of $-15.95 Million (current assets of $89.82 Million minus current liabilities of $105.77 Million) is measured against net assets of $37.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of SDCL EDGE Acquisition Corporation (2021–2023)
Working capital to net assets ratio of SDCL EDGE Acquisition Corporation from 2021 to 2023. This chart shows how SDCL EDGE Acquisition Corporation's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at -42.6%, reflecting working capital of $-15.95 Million against net assets of $37.46 Million USD. See SEDA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
SDCL EDGE Acquisition Corporation Working Capital to Net Assets Ratio by Year (2021–2023)
SDCL EDGE Acquisition Corporation working capital to net assets ratio by year from 2021 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for SDCL EDGE Acquisition Corporation from 2021 to 2023, 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. For the complete balance sheet picture, see SDCL EDGE Acquisition Corporation (SEDA) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -5.3% | $-7.11 Million | $134.39 Million | $459.02K | $7.57 Million | ▼ -4.6 pp |
| 2022 | -0.7% | $-1.41 Million | $200.19 Million | $956.14K | $2.37 Million | ▼ -0.9 pp |
| 2021 | 0.2% | $279.51K | $186.08 Million | $1.79 Million | $1.51 Million | — |