Sirona Biochem Corp Working Capital to Net Assets Ratio
Sirona Biochem Corp working capital to net assets ratio. Sirona Biochem Corp (SBM) has a Working Capital to Net Assets ratio of 45.3% as of July 2024. Working capital of CA$-1.57 Million (current assets of CA$807.58K minus current liabilities of CA$2.38 Million) is measured against net assets of CA$-3.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SBM 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 Sirona Biochem Corp (2011–2023)
Working capital to net assets ratio of Sirona Biochem Corp from 2011 to 2023. This chart shows how Sirona Biochem Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2011 to 2023. As of July 2024, the ratio stands at 45.3%, reflecting working capital of CA$-1.57 Million against net assets of CA$-3.46 Million CAD. See SBM defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Sirona Biochem Corp Working Capital to Net Assets Ratio by Year (2011–2023)
Sirona Biochem Corp working capital to net assets ratio by year from 2011 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Sirona Biochem Corp from 2011 to 2023, covering 13 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 balance sheet size of Sirona Biochem Corp.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 33.6% | CA$-843.55K | CA$-2.51 Million | CA$1.02 Million | CA$1.87 Million | ▼ -156.3 pp |
| 2022 | 189.9% | CA$407.45K | CA$214.51K | CA$1.27 Million | CA$864.54K | ▲ +724.4 pp |
| 2021 | -534.4% | CA$518.50K | CA$-97.02K | CA$1.26 Million | CA$741.15K | ▼ -2792.4 pp |
| 2020 | 2258.0% | CA$1.07 Million | CA$47.40K | CA$2.10 Million | CA$1.03 Million | ▲ +2105.6 pp |
| 2019 | 152.4% | CA$3.34 Million | CA$2.19 Million | CA$4.26 Million | CA$920.03K | ▲ +104.4 pp |
| 2018 | 48.0% | CA$-1.09 Million | CA$-2.26 Million | CA$770.51K | CA$1.86 Million | ▲ +47.9 pp |
| 2017 | 0.1% | CA$-2.09K | CA$-2.04 Million | CA$1.25 Million | CA$1.25 Million | ▼ -37.6 pp |
| 2016 | 37.7% | CA$589.37K | CA$1.56 Million | CA$1.13 Million | CA$542.60K | ▼ -19.0 pp |
| 2015 | 56.8% | CA$1.22 Million | CA$2.15 Million | CA$2.42 Million | CA$1.20 Million | ▲ +16.0 pp |
| 2014 | 40.7% | CA$729.55K | CA$1.79 Million | CA$1.25 Million | CA$523.18K | ▲ +11.9 pp |
| 2013 | 28.8% | CA$618.67K | CA$2.15 Million | CA$1.38 Million | CA$760.84K | ▲ +21.1 pp |
| 2012 | 7.7% | CA$131.77K | CA$1.70 Million | CA$714.75K | CA$582.98K | ▼ -31.0 pp |
| 2011 | 38.7% | CA$1.05 Million | CA$2.72 Million | CA$1.31 Million | CA$255.09K | — |