Vestand Inc. (VSTD) — Working Capital to Net Assets Ratio
Vestand Inc. (VSTD) has a Working Capital to Net Assets ratio of -49.0% as of June 2025. Working capital of $-2.30 Million (current assets of $3.06 Million minus current liabilities of $5.36 Million) is measured against net assets of $4.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VSTD defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vestand Inc. Working Capital to Net Assets (2019–2024)
This chart shows how Vestand Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at -49.0%, reflecting working capital of $-2.30 Million against net assets of $4.69 Million USD. For the complete balance sheet picture, see Vestand Inc. balance sheet assets.
Annual Working Capital to Net Assets for Vestand Inc. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vestand Inc. from 2019 to 2024, covering 6 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. Explore Vestand Inc. (VSTD) long-term investment share to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1791.9% | $-4.58 Million | $255.40K | $1.46 Million | $6.04 Million | ▼ -1726.6 pp |
| 2023 | -65.3% | $-1.73 Million | $2.65 Million | $1.54 Million | $3.27 Million | ▼ -140.1 pp |
| 2022 | 74.7% | $4.21 Million | $5.64 Million | $6.20 Million | $1.99 Million | ▼ -34.0 pp |
| 2021 | 108.7% | $-2.52 Million | $-2.32 Million | $1.12 Million | $3.65 Million | ▼ -14.4 pp |
| 2020 | 123.2% | $-1.69 Million | $-1.37 Million | $15.74K | $1.70 Million | ▼ -127.9 pp |
| 2019 | 251.1% | $-793.58K | $-316.06K | $92.19K | $885.77K | — |