Mill City Ventures III Ltd (MCVT) — Working Capital to Net Assets Ratio
Mill City Ventures III Ltd (MCVT) has a Working Capital to Net Assets ratio of 9.4% as of June 2025. Working capital of $1.91 Million (current assets of $1.95 Million minus current liabilities of $37.68K) is measured against net assets of $20.26 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mill City Ventures III Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mill City Ventures III Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Mill City Ventures III Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 9.4%, reflecting working capital of $1.91 Million against net assets of $20.26 Million USD. Check Mill City Ventures III Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mill City Ventures III Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mill City Ventures III Ltd from 2007 to 2024, covering 18 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 MCVT market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.4% | $6.21 Million | $19.76 Million | $6.25 Million | $41.10K | ▲ +28.4 pp |
| 2023 | 3.0% | $559.45K | $18.59 Million | $640.44K | $80.98K | ▼ -4.9 pp |
| 2022 | 7.9% | $1.45 Million | $18.34 Million | $1.59 Million | $136.51K | ▲ +3.9 pp |
| 2021 | 4.1% | $546.37K | $13.41 Million | $2.51 Million | $1.96 Million | ▼ -40.6 pp |
| 2020 | 44.7% | $5.20 Million | $11.64 Million | $5.78 Million | $572.21K | ▼ -37.7 pp |
| 2019 | 82.4% | $8.30 Million | $10.07 Million | $8.32 Million | $25.00K | ▲ +70.8 pp |
| 2018 | 11.7% | $1.31 Million | $11.28 Million | $1.36 Million | $41.12K | ▼ -13.0 pp |
| 2017 | 24.6% | $2.37 Million | $9.63 Million | $2.53 Million | $153.98K | ▼ -0.6 pp |
| 2016 | 25.3% | $2.37 Million | $9.39 Million | $2.41 Million | $36.47K | ▼ -8.5 pp |
| 2015 | 33.8% | $2.96 Million | $8.74 Million | $3.05 Million | $92.82K | ▼ -3.2 pp |
| 2014 | 37.1% | $4.25 Million | $11.47 Million | $4.30 Million | $46.09K | ▼ -30.6 pp |
| 2013 | 67.7% | $7.12 Million | $10.52 Million | $7.15 Million | $26.65K | ▼ -825.0 pp |
| 2012 | 892.7% | $563.08K | $63.08K | $603.62K | $40.55K | ▲ +792.7 pp |
| 2011 | 100.0% | $-194.89K | $-194.89K | $22.82K | $217.70K | ▲ +9.7 pp |
| 2010 | 90.3% | $-104.84K | $-116.04K | $3.08K | $107.92K | ▼ -36.9 pp |
| 2009 | 127.2% | $-48.33K | $-37.99K | $7.08K | $55.41K | ▲ +38.5 pp |
| 2008 | 88.7% | $146.60K | $165.21K | $148.78K | $2.18K | ▲ +29.0 pp |
| 2007 | 59.8% | $39.95K | $66.83K | $60.05K | $20.10K | — |