Gratomic Inc Working Capital to Net Assets Ratio
Gratomic Inc working capital to net assets ratio. Gratomic Inc (GRAT) has a Working Capital to Net Assets ratio of -32.4% as of September 2024. Working capital of CA$-6.49 Million (current assets of CA$-707.00 minus current liabilities of CA$6.49 Million) is measured against net assets of CA$20.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GRAT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gratomic Inc (2007–2023)
Working capital to net assets ratio of Gratomic Inc from 2007 to 2023. This chart shows how Gratomic Inc's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2023. As of September 2024, the ratio stands at -32.4%, reflecting working capital of CA$-6.49 Million against net assets of CA$20.03 Million CAD. See operational self-sufficiency of Gratomic Inc to measure how many days the company can operate on defensive assets alone.
Gratomic Inc Working Capital to Net Assets Ratio by Year (2007–2023)
Gratomic Inc working capital to net assets ratio by year from 2007 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Gratomic Inc from 2007 to 2023, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see GRAT total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -20.2% | CA$-4.42 Million | CA$21.87 Million | CA$580.08K | CA$5.00 Million | ▼ -13.3 pp |
| 2022 | -6.9% | CA$-1.60 Million | CA$23.11 Million | CA$1.38 Million | CA$2.98 Million | ▼ -13.9 pp |
| 2021 | 7.0% | CA$1.55 Million | CA$22.13 Million | CA$2.38 Million | CA$827.28K | ▲ +1.9 pp |
| 2020 | 5.1% | CA$437.20K | CA$8.57 Million | CA$1.73 Million | CA$1.29 Million | ▲ +14.6 pp |
| 2019 | -9.5% | CA$-710.03K | CA$7.47 Million | CA$407.33K | CA$1.12 Million | ▼ -39.6 pp |
| 2018 | 30.1% | CA$3.04 Million | CA$10.09 Million | CA$3.51 Million | CA$466.34K | ▼ -1.1 pp |
| 2017 | 31.3% | CA$2.21 Million | CA$7.06 Million | CA$2.50 Million | CA$293.28K | ▲ +31.9 pp |
| 2016 | -0.7% | CA$-15.95K | CA$2.40 Million | CA$404.42K | CA$420.36K | ▲ +26.9 pp |
| 2015 | -27.6% | CA$-300.18K | CA$1.09 Million | CA$23.18K | CA$323.37K | ▼ -440.8 pp |
| 2014 | 413.2% | CA$-843.15K | CA$-204.04K | CA$37.54K | CA$880.69K | ▲ +1714.2 pp |
| 2013 | -1301.0% | CA$-399.70K | CA$30.72K | CA$224.45K | CA$624.14K | ▼ -670.4 pp |
| 2012 | -630.6% | CA$-252.11K | CA$39.98K | CA$19.72K | CA$271.83K | ▼ -633.6 pp |
| 2011 | 3.0% | CA$84.91K | CA$2.85 Million | CA$320.32K | CA$235.41K | ▲ +7.7 pp |
| 2010 | -4.8% | CA$-57.68K | CA$1.21 Million | CA$52.01K | CA$109.69K | ▼ -34.8 pp |
| 2009 | 30.0% | CA$438.53K | CA$1.46 Million | CA$490.48K | CA$51.95K | ▼ -20.6 pp |
| 2008 | 50.6% | CA$164.35K | CA$324.60K | CA$307.49K | CA$143.14K | ▼ -49.4 pp |
| 2007 | 100.0% | CA$-5.89K | CA$-5.89K | CA$336.00 | CA$6.22K | — |