BitVentures Limited (BVC) — Working Capital to Net Assets Ratio

Latest as of December 2024: 98.3%

BitVentures Limited (BVC) has a Working Capital to Net Assets ratio of 98.3% as of December 2024. Working capital of $236.00K (current assets of $11.30 Million minus current liabilities of $11.07 Million) is measured against net assets of $240.00K. A higher ratio indicates strong short-term liquidity financed by the equity base. See BitVentures Limited balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

98.3%
Working Capital / Net Assets

Working Capital

$236.00K
USD

Current Assets

$11.30 Million
USD

Current Liabilities

$11.07 Million
USD

BitVentures Limited Working Capital to Net Assets (2021–2024)

This chart shows how BitVentures Limited's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 98.3%, reflecting working capital of $236.00K against net assets of $240.00K USD. Check BitVentures Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for BitVentures Limited (2021–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for BitVentures Limited from 2021 to 2024, covering 4 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 live market cap and the full company profile, see BVC company net worth.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2024 61.4% $1.57 Million $2.56 Million $15.50 Million $13.93 Million ▲ +48.1 pp
2023 13.3% $426.00K $3.20 Million $12.94 Million $12.52 Million ▼ -43.0 pp
2022 56.3% $83.90 Million $149.05 Million $200.25 Million $116.36 Million ▼ -38.2 pp
2021 94.5% $105.36 Million $111.51 Million $228.46 Million $123.10 Million
pp = percentage points