Bitcoin Depot Inc. Working Capital to Net Assets Ratio
Bitcoin Depot Inc. working capital to net assets ratio. Bitcoin Depot Inc. (BTM) has a Working Capital to Net Assets ratio of 140.8% as of December 2025. Working capital of $16.66 Million (current assets of $80.33 Million minus current liabilities of $63.67 Million) is measured against net assets of $11.83 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Bitcoin Depot Inc. (2020–2025)
Working capital to net assets ratio of Bitcoin Depot Inc. from 2020 to 2025. This chart shows how Bitcoin Depot Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 140.8%, reflecting working capital of $16.66 Million against net assets of $11.83 Million USD. See BTM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Bitcoin Depot Inc. Working Capital to Net Assets Ratio by Year (2020–2025)
Bitcoin Depot Inc. working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Bitcoin Depot Inc. from 2020 to 2025, covering 6 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 Bitcoin Depot Inc. total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 140.8% | $16.66 Million | $11.83 Million | $80.33 Million | $63.67 Million | ▲ +102.7 pp |
| 2024 | 38.2% | $-6.30 Million | $-16.49 Million | $34.33 Million | $40.63 Million | ▲ +131.6 pp |
| 2023 | -93.4% | $-8.76 Million | $9.37 Million | $37.27 Million | $46.02 Million | ▼ -25.1 pp |
| 2022 | -68.3% | $-6.45 Million | $9.44 Million | $40.36 Million | $46.81 Million | ▼ -118.6 pp |
| 2021 | 50.2% | $9.54 Million | $18.98 Million | $47.11 Million | $37.57 Million | ▼ -124.5 pp |
| 2020 | 174.7% | $33.71 Million | $19.30 Million | $41.88 Million | $8.17 Million | — |