BW LPG Limited (BW9) — Working Capital to Net Assets Ratio

Latest as of December 2025: 11.0%

BW LPG Limited (BW9) has a Working Capital to Net Assets ratio of 11.0% as of December 2025. Working capital of €211.17 Million (current assets of €636.77 Million minus current liabilities of €425.60 Million) is measured against net assets of €1.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BW LPG Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

11.0%
Working Capital / Net Assets

Working Capital

€211.17 Million
EUR

Current Assets

€636.77 Million
EUR

Current Liabilities

€425.60 Million
EUR

BW LPG Limited Working Capital to Net Assets (2020–2025)

This chart shows how BW LPG Limited's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 11.0%, reflecting working capital of €211.17 Million against net assets of €1.93 Billion EUR. For the complete balance sheet picture, see BW9 total assets.

Annual Working Capital to Net Assets for BW LPG Limited (2020–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for BW LPG Limited 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. Check BW LPG Limited (BW9) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 11.0% €211.17 Million €1.93 Billion €636.77 Million €425.60 Million ▲ +7.5 pp
2024 3.5% €67.82 Million €1.94 Billion €677.93 Million €610.11 Million ▼ -10.6 pp
2023 14.1% €223.37 Million €1.59 Billion €878.71 Million €655.34 Million ▼ -1.3 pp
2022 15.4% €245.62 Million €1.60 Billion €739.50 Million €493.88 Million ▼ -1.4 pp
2021 16.8% €232.88 Million €1.39 Billion €452.38 Million €219.50 Million ▲ +7.4 pp
2020 9.4% €117.93 Million €1.25 Billion €374.70 Million €256.78 Million
pp = percentage points