GeoVax Labs Inc Working Capital to Net Assets Ratio
GeoVax Labs Inc working capital to net assets ratio. GeoVax Labs Inc (GOVX) has a Working Capital to Net Assets ratio of 95.6% as of September 2025. Working capital of $4.69 Million (current assets of $6.52 Million minus current liabilities of $1.82 Million) is measured against net assets of $4.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GeoVax Labs Inc (GOVX) tangible equity ratio 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 GeoVax Labs Inc (1996–2024)
Working capital to net assets ratio of GeoVax Labs Inc from 1996 to 2024. This chart shows how GeoVax Labs Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 95.6%, reflecting working capital of $4.69 Million against net assets of $4.91 Million USD. See GeoVax Labs Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
GeoVax Labs Inc Working Capital to Net Assets Ratio by Year (1996–2024)
GeoVax Labs Inc working capital to net assets ratio by year from 1996 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for GeoVax Labs Inc from 1996 to 2024, covering 28 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 GOVX total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 95.6% | $4.83 Million | $5.05 Million | $7.93 Million | $3.11 Million | ▲ +19.9 pp |
| 2023 | 75.8% | $4.37 Million | $5.76 Million | $7.89 Million | $3.52 Million | ▼ -15.2 pp |
| 2022 | 90.9% | $24.19 Million | $26.60 Million | $28.94 Million | $4.75 Million | ▼ -51.0 pp |
| 2021 | 142.0% | $6.19 Million | $4.36 Million | $11.63 Million | $5.44 Million | ▲ +43.5 pp |
| 2020 | 98.5% | $9.42 Million | $9.57 Million | $10.23 Million | $810.31K | ▼ -1.2 pp |
| 2019 | 99.6% | $-1.57 Million | $-1.57 Million | $447.26K | $2.02 Million | ▲ +1.3 pp |
| 2018 | 98.3% | $-1.00 Million | $-1.02 Million | $620.00K | $1.62 Million | ▼ -14.8 pp |
| 2017 | 113.1% | $-363.22K | $-321.06K | $448.07K | $811.29K | ▲ +40.5 pp |
| 2016 | 72.6% | $174.53K | $240.37K | $544.38K | $369.85K | ▼ -19.5 pp |
| 2015 | 92.1% | $1.11 Million | $1.20 Million | $1.24 Million | $126.99K | ▲ +1.5 pp |
| 2014 | 90.6% | $1.04 Million | $1.15 Million | $1.23 Million | $187.02K | ▼ -3.8 pp |
| 2013 | 94.4% | $2.39 Million | $2.53 Million | $2.70 Million | $312.35K | ▲ +6.0 pp |
| 2012 | 88.4% | $1.02 Million | $1.15 Million | $1.34 Million | $327.04K | ▲ +20.7 pp |
| 2011 | 67.7% | $476.47K | $703.61K | $1.42 Million | $941.53K | ▲ +8.9 pp |
| 2010 | 58.8% | $1.08 Million | $1.84 Million | $1.60 Million | $521.61K | ▼ -29.5 pp |
| 2009 | 88.4% | $3.31 Million | $3.74 Million | $3.88 Million | $571.37K | ▼ -2.2 pp |
| 2008 | 90.6% | $2.46 Million | $2.71 Million | $2.80 Million | $346.42K | ▼ -1.2 pp |
| 2007 | 91.9% | $2.43 Million | $2.65 Million | $3.03 Million | $598.54K | ▲ +4.1 pp |
| 2006 | 87.7% | $1.93 Million | $2.20 Million | $2.13 Million | $193.11K | ▼ -12.3 pp |
| 2005 | 100.0% | $-5.72 Million | $-5.72 Million | $78.38K | $5.79 Million | ▲ +48.6 pp |
| 2004 | 51.4% | $-2.54 Million | $-4.95 Million | $19.16K | $2.56 Million | ▼ -48.6 pp |
| 2003 | 99.9% | $-3.81 Million | $-3.82 Million | $172.20K | $3.99 Million | ▲ +66.7 pp |
| 2001 | 33.2% | $680.39K | $2.05 Million | $1.35 Million | $671.76K | ▲ +4.5 pp |
| 2000 | 28.7% | $3.02 Million | $10.52 Million | $3.55 Million | $537.78K | ▲ +194.8 pp |
| 1999 | -166.2% | $-917.92K | $552.34K | $1.72 Million | $2.63 Million | ▼ -175.2 pp |
| 1998 | 9.0% | $260.23K | $2.89 Million | $3.79 Million | $3.53 Million | ▼ -69.0 pp |
| 1997 | 78.0% | $4.43 Million | $5.68 Million | $5.67 Million | $1.25 Million | ▼ -19.7 pp |
| 1996 | 97.7% | $3.02 Million | $3.09 Million | $3.29 Million | $266.76K | — |