Caravelle International Group (HTCO) — Working Capital to Net Assets Ratio
Caravelle International Group (HTCO) has a Working Capital to Net Assets ratio of 83.8% as of October 2025. Working capital of $10.56 Million (current assets of $30.29 Million minus current liabilities of $19.73 Million) is measured against net assets of $12.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Caravelle International Group financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Caravelle International Group Working Capital to Net Assets (2020–2025)
This chart shows how Caravelle International Group's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of October 2025, the ratio stands at 83.8%, reflecting working capital of $10.56 Million against net assets of $12.60 Million USD. See HTCO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Caravelle International Group (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Caravelle International Group from 2020 to 2025, covering 6 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 how much is Caravelle International Group worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 83.8% | $10.56 Million | $12.60 Million | $30.29 Million | $19.73 Million | ▲ +11.5 pp |
| 2024 | 72.3% | $6.31 Million | $8.74 Million | $25.87 Million | $19.55 Million | ▼ -28.8 pp |
| 2023 | 101.0% | $-7.34 Million | $-7.26 Million | $6.77 Million | $14.11 Million | ▼ -1.2 pp |
| 2022 | 102.2% | $10.25 Million | $10.02 Million | $33.43 Million | $23.18 Million | ▼ -66.0 pp |
| 2021 | 168.2% | $5.67 Million | $3.37 Million | $26.12 Million | $20.44 Million | ▲ +109.6 pp |
| 2020 | 58.7% | $-3.91 Million | $-6.66 Million | $14.91 Million | $18.81 Million | — |