Kovo Healthtech Corp Working Capital to Net Assets Ratio
Kovo Healthtech Corp working capital to net assets ratio. Kovo Healthtech Corp (KOVO) has a Working Capital to Net Assets ratio of 119.5% as of March 2026. Working capital of CA$-24.07 Million (current assets of CA$836.00K minus current liabilities of CA$24.91 Million) is measured against net assets of CA$-20.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Kovo Healthtech Corp's equity 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 Kovo Healthtech Corp (2020–2025)
Working capital to net assets ratio of Kovo Healthtech Corp from 2020 to 2025. This chart shows how Kovo Healthtech Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 119.5%, reflecting working capital of CA$-24.07 Million against net assets of CA$-20.15 Million CAD. See KOVO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Kovo Healthtech Corp Working Capital to Net Assets Ratio by Year (2020–2025)
Kovo Healthtech Corp working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Kovo Healthtech Corp from 2020 to 2025, 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. For the complete balance sheet picture, see KOVO total asset value.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 124.2% | CA$-21.77 Million | CA$-17.53 Million | CA$776.00K | CA$22.55 Million | ▼ -179.5 pp |
| 2024 | 303.7% | CA$-12.13 Million | CA$-3.99 Million | CA$840.00K | CA$12.97 Million | ▼ -1762.2 pp |
| 2023 | 2065.9% | CA$-6.18 Million | CA$-299.00K | CA$670.00K | CA$6.85 Million | ▲ +2154.3 pp |
| 2022 | -88.4% | CA$-817.00K | CA$924.00K | CA$1.19 Million | CA$2.00 Million | ▼ -1424.3 pp |
| 2021 | 1335.9% | CA$-2.27 Million | CA$-170.00K | CA$1.20 Million | CA$3.47 Million | ▲ +1136.0 pp |
| 2020 | 199.8% | CA$-1.23 Million | CA$-614.00K | CA$448.00K | CA$1.68 Million | — |