Trajectory Alpha Acquisition Corp (TCOA) — Working Capital to Net Assets Ratio
Trajectory Alpha Acquisition Corp (TCOA) has a Working Capital to Net Assets ratio of -6.0% as of September 2023. Working capital of $-3.52 Million (current assets of $28.86K minus current liabilities of $3.55 Million) is measured against net assets of $58.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Trajectory Alpha Acquisition Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trajectory Alpha Acquisition Corp Working Capital to Net Assets (2021–2022)
This chart shows how Trajectory Alpha Acquisition Corp's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2021 to 2022. As of September 2023, the ratio stands at -6.0%, reflecting working capital of $-3.52 Million against net assets of $58.56 Million USD. See operational self-sufficiency of Trajectory Alpha Acquisition Corp to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Trajectory Alpha Acquisition Corp (2021–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trajectory Alpha Acquisition Corp from 2021 to 2022, covering 2 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 market value of Trajectory Alpha Acquisition Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 0.1% | $155.73K | $170.04 Million | $673.43K | $517.70K | ▼ -1.0 pp |
| 2021 | 1.0% | $1.77 Million | $169.75 Million | $2.34 Million | $566.02K | — |