Phoenix Motor Inc. Common Stock Working Capital to Net Assets Ratio
Phoenix Motor Inc. Common Stock working capital to net assets ratio. Phoenix Motor Inc. Common Stock (PEV) has a Working Capital to Net Assets ratio of 226.3% as of March 2025. Working capital of $21.23 Million (current assets of $52.62 Million minus current liabilities of $31.39 Million) is measured against net assets of $9.38 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Phoenix Motor Inc. Common Stock tangible equity quality 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 Phoenix Motor Inc. Common Stock (2019–2024)
Working capital to net assets ratio of Phoenix Motor Inc. Common Stock from 2019 to 2024. This chart shows how Phoenix Motor Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of March 2025, the ratio stands at 226.3%, reflecting working capital of $21.23 Million against net assets of $9.38 Million USD. See PEV days of operational coverage to measure how many days the company can operate on defensive assets alone.
Phoenix Motor Inc. Common Stock Working Capital to Net Assets Ratio by Year (2019–2024)
Phoenix Motor Inc. Common Stock working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Phoenix Motor Inc. Common Stock from 2019 to 2024, 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 the complete balance sheet picture, see total assets of Phoenix Motor Inc. Common Stock.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 249.9% | $25.79 Million | $10.32 Million | $52.01 Million | $26.22 Million | ▲ +149.3 pp |
| 2023 | 100.5% | $-4.87 Million | $-4.84 Million | $6.02 Million | $10.88 Million | ▲ +76.7 pp |
| 2022 | 23.9% | $2.93 Million | $12.28 Million | $7.72 Million | $4.79 Million | ▲ +2.5 pp |
| 2021 | 21.4% | $2.19 Million | $10.23 Million | $6.64 Million | $4.45 Million | ▼ -39.1 pp |
| 2020 | 60.5% | $14.99 Million | $24.79 Million | $19.25 Million | $4.25 Million | ▲ +70.3 pp |
| 2019 | -9.8% | $1.14 Million | $-11.64 Million | $5.55 Million | $4.41 Million | — |