Kovo Healthtech Corp (KOVO) — 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. See KOVO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kovo Healthtech Corp Working Capital to Net Assets (2020–2025)
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. For the complete balance sheet picture, see balance sheet size of Kovo Healthtech Corp.
Annual Working Capital to Net Assets for Kovo Healthtech Corp (2020–2025)
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. Read KOVO total debt and obligations for a breakdown of total debt and financial obligations.
| 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 | — |