VersaBank (VBNK) — Working Capital to Net Assets Ratio
VersaBank (VBNK) has a Working Capital to Net Assets ratio of -797.4% as of October 2025. Working capital of $-4.25 Billion (current assets of $613.45 Million minus current liabilities of $4.86 Billion) is measured against net assets of $532.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VersaBank defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VersaBank Working Capital to Net Assets (2011–2025)
This chart shows how VersaBank's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of October 2025, the ratio stands at -797.4%, reflecting working capital of $-4.25 Billion against net assets of $532.67 Million USD. For the complete balance sheet picture, see balance sheet size of VersaBank.
Annual Working Capital to Net Assets for VersaBank (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for VersaBank from 2011 to 2025, covering 15 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. Check asset resilience ratio of VersaBank to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -797.4% | $-4.25 Billion | $532.67 Million | $613.45 Million | $4.86 Billion | ▲ +176.1 pp |
| 2024 | -973.4% | $-3.89 Billion | $399.20 Million | $258.70 Million | $4.14 Billion | ▼ -75.8 pp |
| 2023 | -897.6% | $-3.39 Billion | $377.16 Million | $157.73 Million | $3.54 Billion | ▼ -168.4 pp |
| 2022 | -729.2% | $-2.56 Billion | $350.68 Million | $108.01 Million | $2.67 Billion | ▼ -227.0 pp |
| 2021 | -502.2% | $-1.67 Billion | $332.11 Million | $296.01 Million | $1.96 Billion | ▲ +43.2 pp |
| 2020 | -545.4% | $-1.39 Billion | $255.29 Million | $271.29 Million | $1.66 Billion | ▲ +14.9 pp |
| 2019 | -560.3% | $-1.35 Billion | $240.16 Million | $151.15 Million | $1.50 Billion | ▲ +62.1 pp |
| 2018 | -622.4% | $-1.39 Billion | $223.57 Million | $142.12 Million | $1.53 Billion | ▼ -657.7 pp |
| 2017 | 35.3% | $73.71 Million | $208.54 Million | $166.22 Million | $92.52 Million | ▲ +757.0 pp |
| 2016 | -721.6% | $-1.34 Billion | $185.88 Million | $110.83 Million | $1.45 Billion | ▼ -761.2 pp |
| 2015 | 39.6% | $69.15 Million | $174.62 Million | $133.73 Million | $64.58 Million | ▼ -33.7 pp |
| 2014 | 73.3% | $111.74 Million | $152.52 Million | $151.22 Million | $39.48 Million | ▲ +829.8 pp |
| 2013 | -756.5% | $-1.01 Billion | $133.13 Million | $194.33 Million | $1.20 Billion | ▲ +266.9 pp |
| 2012 | -1023.4% | $-952.87 Million | $93.10 Million | $370.06 Million | $1.32 Billion | ▼ -96.6 pp |
| 2011 | -926.9% | $-895.12 Million | $96.58 Million | $378.51 Million | $1.27 Billion | — |