Pheton Holdings Ltd Class A Ordinary Shares Working Capital to Net Assets Ratio
Pheton Holdings Ltd Class A Ordinary Shares working capital to net assets ratio. Pheton Holdings Ltd Class A Ordinary Shares (PTHL) has a Working Capital to Net Assets ratio of 86.4% as of September 2025. Working capital of $4.09 Million (current assets of $4.47 Million minus current liabilities of $382.60K) is measured against net assets of $4.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PTHL goodwill-adjusted equity ratio 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 Pheton Holdings Ltd Class A Ordinary Shares (2021–2024)
Working capital to net assets ratio of Pheton Holdings Ltd Class A Ordinary Shares from 2021 to 2024. This chart shows how Pheton Holdings Ltd Class A Ordinary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 86.4%, reflecting working capital of $4.09 Million against net assets of $4.73 Million USD. See Pheton Holdings Ltd Class A Ordinary Sha (PTHL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Pheton Holdings Ltd Class A Ordinary Shares Working Capital to Net Assets Ratio by Year (2021–2024)
Pheton Holdings Ltd Class A Ordinary Shares working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Pheton Holdings Ltd Class A Ordinary Shares from 2021 to 2024, covering 4 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 balance sheet size of Pheton Holdings Ltd Class A Ordinary Sha.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 99.3% | $6.14 Million | $6.18 Million | $6.68 Million | $538.55K | ▲ +319.0 pp |
| 2023 | -219.7% | $-672.90K | $306.27K | $532.47K | $1.21 Million | ▼ -226.6 pp |
| 2022 | 6.9% | $38.40K | $556.32K | $718.80K | $680.40K | ▼ -85.3 pp |
| 2021 | 92.2% | $880.26K | $954.34K | $1.02 Million | $135.77K | — |