Phoenix Motor Inc. Common Stock (PEV) — 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. See PEV defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phoenix Motor Inc. Common Stock Working Capital to Net Assets (2019–2024)
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. For the complete balance sheet picture, see Phoenix Motor Inc. Common Stock asset portfolio.
Annual Working Capital to Net Assets for Phoenix Motor Inc. Common Stock (2019–2024)
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. Explore PEV strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| 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 | — |