Fervo Energy Company Class A common stock (FRVO) — Working Capital to Net Assets Ratio

Latest as of March 2026: 11.4%

Fervo Energy Company Class A common stock (FRVO) has a Working Capital to Net Assets ratio of 11.4% as of March 2026. Working capital of $105.95 Million (current assets of $307.87 Million minus current liabilities of $201.92 Million) is measured against net assets of $927.93 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Fervo Energy Company Class A common stoc to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

11.4%
Working Capital / Net Assets

Working Capital

$105.95 Million
USD

Current Assets

$307.87 Million
USD

Current Liabilities

$201.92 Million
USD

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 March 2026, the ratio stands at 11.4%, reflecting working capital of $105.95 Million against net assets of $927.93 Million USD. For the complete balance sheet picture, see Fervo Energy Company Class A common stoc total assets.

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. Read Fervo Energy Company Class A common stoc (FRVO) financial obligations for a breakdown of total debt and financial obligations.

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 —
pp = percentage points