Working Capital
Working Capital refers to the difference between a company’s current Assets and Current Liabilities, indicating its short-term financial health and operational efficiency. It is essential for day-to-day operations and can be calculated as: Working Capital = Current Assets – Current Liabilities. For instance, if a company has $100,000 in current Assets (like cash, Inventory, and receivables) and $70,000 in Current Liabilities (like payables and short-term debt), its working Capital would be $30,000. A positive working Capital suggests that the company can cover its short-term obligations, while a negative figure may indicate financial trouble.