Dave Inc (DAVE) — Working Capital to Net Assets Ratio
Dave Inc (DAVE) has a Working Capital to Net Assets ratio of 174.3% as of March 2026. Working capital of $355.28 Million (current assets of $479.63 Million minus current liabilities of $124.34 Million) is measured against net assets of $203.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DAVE financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dave Inc Working Capital to Net Assets (2019–2025)
This chart shows how Dave Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 174.3%, reflecting working capital of $355.28 Million against net assets of $203.78 Million USD. See Dave Inc (DAVE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Dave Inc (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dave Inc from 2019 to 2025, 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 live market cap and the full company profile, see market cap of Dave Inc.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 91.5% | $322.70 Million | $352.73 Million | $436.70 Million | $114.00 Million | ▼ -43.5 pp |
| 2024 | 135.0% | $247.21 Million | $183.10 Million | $282.27 Million | $35.06 Million | ▼ -153.6 pp |
| 2023 | 288.6% | $251.28 Million | $87.06 Million | $276.89 Million | $25.60 Million | ▲ +33.2 pp |
| 2022 | 255.4% | $272.15 Million | $106.56 Million | $308.57 Million | $36.42 Million | ▲ +173.9 pp |
| 2021 | 81.5% | $31.57 Million | $38.74 Million | $100.20 Million | $68.63 Million | ▼ -9.1 pp |
| 2020 | 90.6% | $45.17 Million | $49.84 Million | $69.35 Million | $24.18 Million | ▼ -4.6 pp |
| 2019 | 95.2% | $52.64 Million | $55.29 Million | $62.22 Million | $9.57 Million | — |