Envirotech Vehicles Inc Working Capital to Net Assets Ratio
Envirotech Vehicles Inc working capital to net assets ratio. Envirotech Vehicles Inc (EVTV) has a Working Capital to Net Assets ratio of 141.1% as of March 2026. Working capital of $-11.54 Million (current assets of $6.77 Million minus current liabilities of $18.31 Million) is measured against net assets of $-8.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Envirotech Vehicles Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Envirotech Vehicles Inc (2013–2025)
Working capital to net assets ratio of Envirotech Vehicles Inc from 2013 to 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 141.1%, reflecting working capital of $-11.54 Million against net assets of $-8.18 Million USD. See Envirotech Vehicles Inc (EVTV) liquidity interval to measure how many days the company can operate on defensive assets alone.
Envirotech Vehicles Inc Working Capital to Net Assets Ratio by Year (2013–2025)
Envirotech Vehicles Inc working capital to net assets ratio by year from 2013 to 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 the complete balance sheet picture, see Envirotech Vehicles Inc (EVTV) total assets.
| 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 | — |