Vivani Medical Inc. (VANI) — Working Capital to Net Assets Ratio
Vivani Medical Inc. (VANI) has a Working Capital to Net Assets ratio of 71.8% as of December 2025. Working capital of $11.30 Million (current assets of $17.90 Million minus current liabilities of $6.60 Million) is measured against net assets of $15.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vivani Medical Inc. (VANI) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vivani Medical Inc. Working Capital to Net Assets (2012–2025)
This chart shows how Vivani Medical Inc.'s Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 71.8%, reflecting working capital of $11.30 Million against net assets of $15.73 Million USD. Check Vivani Medical Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Vivani Medical Inc. (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vivani Medical Inc. from 2012 to 2025, covering 14 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 how much is Vivani Medical Inc. worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 71.8% | $11.30 Million | $15.73 Million | $17.90 Million | $6.60 Million | ▼ -10.3 pp |
| 2024 | 82.1% | $14.46 Million | $17.61 Million | $20.44 Million | $5.99 Million | ▼ -1.4 pp |
| 2023 | 83.5% | $17.34 Million | $20.76 Million | $23.06 Million | $5.72 Million | ▼ -8.4 pp |
| 2022 | 91.9% | $40.71 Million | $44.31 Million | $47.53 Million | $6.82 Million | ▲ +76.3 pp |
| 2021 | 15.5% | $383.00K | $2.46 Million | $2.47 Million | $2.09 Million | ▲ +3.0 pp |
| 2020 | 12.5% | $244.00K | $1.95 Million | $2.43 Million | $2.19 Million | ▼ -72.0 pp |
| 2019 | 84.5% | $6.15 Million | $7.28 Million | $13.11 Million | $6.96 Million | ▲ +19.0 pp |
| 2018 | 65.6% | $2.02 Million | $3.08 Million | $9.62 Million | $7.60 Million | ▼ -17.5 pp |
| 2017 | 83.1% | $6.55 Million | $7.88 Million | $13.16 Million | $6.62 Million | ▼ -3.2 pp |
| 2016 | 86.3% | $9.62 Million | $11.15 Million | $15.28 Million | $5.66 Million | ▼ -6.4 pp |
| 2015 | 92.7% | $18.78 Million | $20.27 Million | $26.76 Million | $7.98 Million | ▼ -4.2 pp |
| 2014 | 96.8% | $33.52 Million | $34.62 Million | $41.98 Million | $8.45 Million | ▲ +195.6 pp |
| 2013 | -98.7% | $9.10 Million | $-9.22 Million | $11.79 Million | $2.68 Million | ▲ +41.7 pp |
| 2012 | -140.5% | $4.28 Million | $-3.04 Million | $7.04 Million | $2.76 Million | — |