Vision Marine Technologies Inc Working Capital to Net Assets Ratio
Vision Marine Technologies Inc working capital to net assets ratio. Vision Marine Technologies Inc (VMAR) has a Working Capital to Net Assets ratio of 113.8% as of May 2026. Working capital of $6.86 Million (current assets of $32.90 Million minus current liabilities of $26.04 Million) is measured against net assets of $6.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check VMAR intangible-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 Vision Marine Technologies Inc (2018–2025)
Working capital to net assets ratio of Vision Marine Technologies Inc from 2018 to 2025. This chart shows how Vision Marine Technologies Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of May 2026, the ratio stands at 113.8%, reflecting working capital of $6.86 Million against net assets of $6.03 Million USD. See defensive interval ratio of Vision Marine Technologies Inc to measure how many days the company can operate on defensive assets alone.
Vision Marine Technologies Inc Working Capital to Net Assets Ratio by Year (2018–2025)
Vision Marine Technologies Inc working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Vision Marine Technologies Inc from 2018 to 2025, covering 8 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 VMAR asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 109.8% | $6.75 Million | $6.15 Million | $42.93 Million | $36.18 Million | ▲ +86.2 pp |
| 2024 | 23.5% | $524.85K | $2.23 Million | $6.38 Million | $5.86 Million | ▲ +40.0 pp |
| 2023 | -16.5% | $-1.42 Million | $8.61 Million | $6.27 Million | $7.69 Million | ▼ -52.8 pp |
| 2022 | 36.3% | $8.73 Million | $24.03 Million | $11.60 Million | $2.87 Million | ▼ -19.2 pp |
| 2021 | 55.6% | $18.63 Million | $33.53 Million | $21.32 Million | $2.69 Million | ▼ -11.8 pp |
| 2020 | 67.4% | $533.76K | $791.91K | $2.44 Million | $1.91 Million | ▼ -2.7 pp |
| 2019 | 70.1% | $-92.77K | $-132.30K | $1.37 Million | $1.46 Million | ▼ -7.3 pp |
| 2018 | 77.5% | $-312.00K | $-402.79K | $1.58 Million | $1.89 Million | — |