Vision Marine Technologies Inc (VMAR) — Working Capital to Net Assets Ratio
Vision Marine Technologies Inc (VMAR) has a Working Capital to Net Assets ratio of 105.0% as of February 2026. Working capital of $9.97 Million (current assets of $45.49 Million minus current liabilities of $35.53 Million) is measured against net assets of $9.49 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VMAR net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vision Marine Technologies Inc Working Capital to Net Assets (2018–2025)
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 February 2026, the ratio stands at 105.0%, reflecting working capital of $9.97 Million against net assets of $9.49 Million USD. Check Vision Marine Technologies Inc (VMAR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Vision Marine Technologies Inc (2018–2025)
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 live market cap and the full company profile, see VMAR market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 109.8% | $9.28 Million | $8.45 Million | $58.97 Million | $49.70 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 | — |