NWTN Inc. Class B Ordinary Shares (NWTN) — Working Capital to Net Assets Ratio
NWTN Inc. Class B Ordinary Shares (NWTN) has a Working Capital to Net Assets ratio of 106.2% as of March 2025. Working capital of $-70.68 Million (current assets of $32.55 Million minus current liabilities of $103.23 Million) is measured against net assets of $-66.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NWTN Inc. Class B Ordinary Shares (NWTN) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NWTN Inc. Class B Ordinary Shares Working Capital to Net Assets (2018–2024)
This chart shows how NWTN Inc. Class B Ordinary Shares's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 106.2%, reflecting working capital of $-70.68 Million against net assets of $-66.57 Million USD. Check NWTN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NWTN Inc. Class B Ordinary Shares (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NWTN Inc. Class B Ordinary Shares from 2018 to 2024, covering 7 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 NWTN market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 106.2% | $-70.68 Million | $-66.57 Million | $32.55 Million | $103.23 Million | ▲ +131.4 pp |
| 2023 | -25.2% | $-15.37 Million | $60.93 Million | $82.87 Million | $98.24 Million | ▼ -88.9 pp |
| 2022 | 63.7% | $177.15 Million | $278.23 Million | $240.28 Million | $63.13 Million | ▼ -36.4 pp |
| 2021 | 100.1% | $-55.52 Million | $-55.49 Million | $13.87 Million | $69.39 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $-208.08 Million | $-208.03 Million | $13.80 Million | $221.88 Million | ▲ +99.6 pp |
| 2019 | 0.4% | $553.49K | $138.98 Million | $591.85K | $38.36K | ▲ +858.9 pp |
| 2018 | -858.5% | $-87.33K | $10.17K | $47.72K | $135.05K | — |