Fervo Energy Company Class A common stock (FRVO) — Working Capital to Net Assets Ratio
Fervo Energy Company Class A common stock (FRVO) has a Working Capital to Net Assets ratio of -496.1% as of December 2025. Working capital of $330.22 Million (current assets of $482.13 Million minus current liabilities of $151.91 Million) is measured against net assets of $-66.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Read FRVO current and long-term liabilities for a breakdown of total debt and financial obligations.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fervo Energy Company Class A common stock Working Capital to Net Assets (2024–2025)
This chart shows how Fervo Energy Company Class A common stock's Working Capital to Net Assets ratio has evolved across 2 annual periods from 2024 to 2025. As of December 2025, the ratio stands at -496.1%, reflecting working capital of $330.22 Million against net assets of $-66.57 Million USD. Explore debt repayment capacity of Fervo Energy Company Class A common stoc to assess how comfortably operating cash covers total debt obligations.
Annual Working Capital to Net Assets for Fervo Energy Company Class A common stock (2024–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fervo Energy Company Class A common stock from 2024 to 2025, covering 2 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 Fervo Energy Company Class A common stoc (FRVO) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -496.1% | $330.22 Million | $-66.57 Million | $482.13 Million | $151.91 Million | ▼ -417.9 pp |
| 2024 | -78.1% | $138.47 Million | $-177.19 Million | $205.30 Million | $66.83 Million | — |