Envirotech Vehicles Inc (EVTV) — Working Capital to Net Assets Ratio
Envirotech Vehicles Inc (EVTV) has a Working Capital to Net Assets ratio of 109.8% as of March 2026. Working capital of $-9.80 Million (current assets of $3.48 Million minus current liabilities of $13.29 Million) is measured against net assets of $-8.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Envirotech Vehicles Inc to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Envirotech Vehicles Inc Working Capital to Net Assets (2013–2025)
This chart shows how Envirotech Vehicles Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 109.8%, reflecting working capital of $-9.80 Million against net assets of $-8.93 Million USD. Check tangible net worth ratio of Envirotech Vehicles Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Envirotech Vehicles Inc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Envirotech Vehicles Inc from 2013 to 2025, covering 12 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 Envirotech Vehicles Inc (EVTV) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 109.8% | $-9.80 Million | $-8.93 Million | $3.48 Million | $13.29 Million | ▲ +81.7 pp |
| 2024 | 28.2% | $5.89 Million | $20.92 Million | $17.64 Million | $11.74 Million | ▼ -21.7 pp |
| 2023 | 49.8% | $10.28 Million | $20.63 Million | $12.06 Million | $1.77 Million | ▼ -2.9 pp |
| 2022 | 52.7% | $16.87 Million | $31.99 Million | $18.34 Million | $1.47 Million | ▲ +23.6 pp |
| 2021 | 29.1% | $21.47 Million | $73.74 Million | $23.02 Million | $1.55 Million | ▼ -138.0 pp |
| 2020 | 167.1% | $-788.91K | $-472.16K | $1.94 Million | $2.73 Million | ▲ +83.3 pp |
| 2019 | 83.8% | $2.75 Million | $3.28 Million | $9.64 Million | $6.89 Million | ▼ -10.5 pp |
| 2018 | 94.3% | $7.17 Million | $7.60 Million | $10.18 Million | $3.01 Million | ▲ +19.2 pp |
| 2017 | 75.0% | $1.76 Million | $2.34 Million | $4.45 Million | $2.69 Million | ▼ -49.4 pp |
| 2016 | 124.4% | $-3.37 Million | $-2.71 Million | $2.75 Million | $6.11 Million | ▲ +603.0 pp |
| 2015 | -478.6% | $4.05 Million | $-846.00K | $4.55 Million | $498.00K | ▼ -483.4 pp |
| 2013 | 4.8% | $-2.27K | $-46.88K | $51.79K | $54.05K | — |