GeoVax Labs Inc (GOVX) — 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. See GeoVax Labs Inc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GeoVax Labs Inc Working Capital to Net Assets (1996–2024)
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. Check GeoVax Labs Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GeoVax Labs Inc (1996–2024)
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 live market cap and the full company profile, see GOVX stock market capitalisation.
| 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 | — |