XORTX Therapeutics Inc Working Capital to Net Assets Ratio
XORTX Therapeutics Inc working capital to net assets ratio. XORTX Therapeutics Inc (XRTX) has a Working Capital to Net Assets ratio of 26.4% as of September 2025. Working capital of CA$520.07K (current assets of CA$1.36 Million minus current liabilities of CA$837.41K) is measured against net assets of CA$1.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is XORTX Therapeutics Inc's equity 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 XORTX Therapeutics Inc (2018–2024)
Working capital to net assets ratio of XORTX Therapeutics Inc from 2018 to 2024. This chart shows how XORTX Therapeutics Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 26.4%, reflecting working capital of CA$520.07K against net assets of CA$1.97 Million CAD. See how many days can XORTX Therapeutics Inc fund operations to measure how many days the company can operate on defensive assets alone.
XORTX Therapeutics Inc Working Capital to Net Assets Ratio by Year (2018–2024)
XORTX Therapeutics Inc working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for XORTX Therapeutics Inc from 2018 to 2024, covering 7 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 total assets of XORTX Therapeutics Inc.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.5% | CA$1.92 Million | CA$3.34 Million | CA$2.68 Million | CA$757.99K | ▼ -12.4 pp |
| 2023 | 69.9% | CA$3.24 Million | CA$4.64 Million | CA$4.07 Million | CA$825.94K | ▼ -112.2 pp |
| 2022 | 182.1% | CA$12.70 Million | CA$6.97 Million | CA$14.75 Million | CA$2.05 Million | ▲ +65.7 pp |
| 2021 | 116.3% | CA$19.47 Million | CA$16.74 Million | CA$20.17 Million | CA$701.00K | ▲ +35.0 pp |
| 2020 | 81.3% | CA$1.02 Million | CA$1.26 Million | CA$2.06 Million | CA$1.03 Million | ▼ -147.5 pp |
| 2019 | 228.8% | CA$-484.45K | CA$-211.72K | CA$815.25K | CA$1.30 Million | ▲ +204.2 pp |
| 2018 | 24.6% | CA$79.20K | CA$321.54K | CA$979.65K | CA$900.45K | — |