Evolent Health Inc (EVH) — Working Capital to Net Assets Ratio
Evolent Health Inc (EVH) has a Working Capital to Net Assets ratio of 30.5% as of March 2026. Working capital of $120.78 Million (current assets of $502.01 Million minus current liabilities of $381.24 Million) is measured against net assets of $396.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Evolent Health Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Evolent Health Inc Working Capital to Net Assets (2012–2025)
This chart shows how Evolent Health Inc's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 30.5%, reflecting working capital of $120.78 Million against net assets of $396.39 Million USD. Check EVH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Evolent Health Inc (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Evolent Health Inc from 2012 to 2025, covering 14 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 how much is Evolent Health Inc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.2% | $121.11 Million | $415.19 Million | $506.37 Million | $385.26 Million | ▲ +40.0 pp |
| 2024 | -10.8% | $-108.38 Million | $1.00 Billion | $607.12 Million | $715.50 Million | ▼ -11.7 pp |
| 2023 | 0.9% | $9.43 Million | $1.07 Billion | $683.67 Million | $674.24 Million | ▼ -4.3 pp |
| 2022 | 5.2% | $44.61 Million | $859.42 Million | $478.05 Million | $433.44 Million | ▼ -6.1 pp |
| 2021 | 11.3% | $78.47 Million | $693.63 Million | $523.96 Million | $445.49 Million | ▼ -12.0 pp |
| 2020 | 23.3% | $144.35 Million | $619.60 Million | $547.65 Million | $403.29 Million | ▲ +19.4 pp |
| 2019 | 3.9% | $36.03 Million | $929.05 Million | $228.80 Million | $192.77 Million | ▼ -24.8 pp |
| 2018 | 28.7% | $341.21 Million | $1.19 Billion | $487.97 Million | $146.76 Million | ▲ +5.2 pp |
| 2017 | 23.5% | $245.48 Million | $1.05 Billion | $378.18 Million | $132.70 Million | ▲ +8.9 pp |
| 2016 | 14.6% | $133.03 Million | $912.11 Million | $264.97 Million | $131.94 Million | ▲ +1.2 pp |
| 2015 | 13.4% | $124.96 Million | $934.58 Million | $184.46 Million | $59.51 Million | ▲ +21.7 pp |
| 2014 | -8.4% | $173.00K | $-2.07 Million | $1.07 Million | $901.00K | ▼ -172.5 pp |
| 2013 | 164.2% | $50.97 Million | $31.04 Million | $80.29 Million | $29.32 Million | ▲ +224.7 pp |
| 2012 | -60.5% | $-3.15 Million | $5.20 Million | $7.84 Million | $10.99 Million | — |