Civeo Corp (CVEO) — Working Capital to Net Assets Ratio
Civeo Corp (CVEO) has a Working Capital to Net Assets ratio of 29.9% as of September 2025. Working capital of $54.60 Million (current assets of $140.13 Million minus current liabilities of $85.53 Million) is measured against net assets of $182.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CVEO 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
Civeo Corp Working Capital to Net Assets (2012–2024)
This chart shows how Civeo Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 29.9%, reflecting working capital of $54.60 Million against net assets of $182.55 Million USD. For the complete balance sheet picture, see Civeo Corp balance sheet assets.
Annual Working Capital to Net Assets for Civeo Corp (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Civeo Corp from 2012 to 2024, covering 13 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 CVEO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.5% | $17.81 Million | $237.00 Million | $110.45 Million | $92.65 Million | ▼ -11.4 pp |
| 2023 | 18.9% | $61.01 Million | $323.04 Million | $175.25 Million | $114.24 Million | ▲ +10.6 pp |
| 2022 | 8.3% | $25.29 Million | $303.70 Million | $153.55 Million | $128.26 Million | ▲ +2.7 pp |
| 2021 | 5.6% | $20.27 Million | $363.11 Million | $157.19 Million | $136.92 Million | ▲ +4.9 pp |
| 2020 | 0.7% | $2.45 Million | $375.36 Million | $119.21 Million | $116.77 Million | ▼ -3.7 pp |
| 2019 | 4.4% | $21.40 Million | $490.81 Million | $131.44 Million | $110.04 Million | ▲ +0.4 pp |
| 2018 | 3.9% | $21.11 Million | $535.42 Million | $107.80 Million | $86.68 Million | ▼ -7.9 pp |
| 2017 | 11.9% | $56.58 Million | $476.37 Million | $132.21 Million | $75.63 Million | ▲ +7.2 pp |
| 2016 | 4.6% | $22.12 Million | $475.99 Million | $82.57 Million | $60.44 Million | ▲ +0.3 pp |
| 2015 | 4.4% | $24.75 Million | $563.77 Million | $91.24 Million | $66.48 Million | ▼ -35.8 pp |
| 2014 | 40.2% | $345.51 Million | $860.11 Million | $463.96 Million | $118.44 Million | ▲ +18.7 pp |
| 2013 | 21.5% | $342.69 Million | $1.59 Billion | $439.74 Million | $97.05 Million | ▲ +4.2 pp |
| 2012 | 17.4% | $245.08 Million | $1.41 Billion | $396.97 Million | $151.89 Million | — |