Nextage Therapeutics Ltd (NXTG) — Working Capital to Net Assets Ratio
Nextage Therapeutics Ltd (NXTG) has a Working Capital to Net Assets ratio of 100.0% as of December 2024. Working capital of ILA-5.54 Million (current assets of ILA317.00K minus current liabilities of ILA5.85 Million) is measured against net assets of ILA-5.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nextage Therapeutics Ltd 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
Nextage Therapeutics Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Nextage Therapeutics Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting working capital of ILA-5.54 Million against net assets of ILA-5.54 Million ILA. See NXTG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Nextage Therapeutics Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nextage Therapeutics Ltd from 2017 to 2024, covering 8 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 Nextage Therapeutics Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.0% | ILA-5.54 Million | ILA-5.54 Million | ILA317.00K | ILA5.85 Million | ▼ -3.8 pp |
| 2023 | 103.8% | ILA-2.84 Million | ILA-2.74 Million | ILA886.00K | ILA3.73 Million | ▲ +21.8 pp |
| 2022 | 81.9% | ILA-349.00K | ILA-426.00K | ILA1.42 Million | ILA1.77 Million | ▼ -224.5 pp |
| 2021 | 306.4% | ILA1.58 Million | ILA516.00K | ILA4.16 Million | ILA2.58 Million | ▲ +236.9 pp |
| 2020 | 69.5% | ILA1.01 Million | ILA1.45 Million | ILA2.51 Million | ILA1.50 Million | ▲ +48.6 pp |
| 2019 | 20.9% | ILA763.00K | ILA3.66 Million | ILA1.48 Million | ILA721.00K | ▼ -46.6 pp |
| 2018 | 67.5% | ILA-1.11 Million | ILA-1.65 Million | ILA780.00K | ILA1.89 Million | ▲ +26.0 pp |
| 2017 | 41.5% | ILA1.84 Million | ILA4.44 Million | ILA3.26 Million | ILA1.42 Million | — |