James Hardie Industries plc (JHA) — Working Capital to Net Assets Ratio
James Hardie Industries plc (JHA) has a Working Capital to Net Assets ratio of 9.5% as of December 2025. Working capital of €605.00 Million (current assets of €1.72 Billion minus current liabilities of €1.11 Billion) is measured against net assets of €6.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of James Hardie Industries plc to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
James Hardie Industries plc Working Capital to Net Assets (2017–2025)
This chart shows how James Hardie Industries plc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 9.5%, reflecting working capital of €605.00 Million against net assets of €6.40 Billion EUR. For the complete balance sheet picture, see JHA asset base.
Annual Working Capital to Net Assets for James Hardie Industries plc (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for James Hardie Industries plc from 2017 to 2025, covering 9 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 James Hardie Industries plc asset resilience 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 | 41.2% | €891.60 Million | €2.16 Billion | €1.70 Billion | €810.20 Million | ▲ +7.3 pp |
| 2024 | 33.9% | €630.70 Million | €1.86 Billion | €1.43 Billion | €797.70 Million | ▲ +10.5 pp |
| 2023 | 23.4% | €377.80 Million | €1.61 Billion | €1.08 Billion | €697.30 Million | ▼ -3.1 pp |
| 2022 | 26.6% | €354.10 Million | €1.33 Billion | €1.12 Billion | €769.90 Million | ▲ +22.6 pp |
| 2021 | 4.0% | €42.50 Million | €1.06 Billion | €943.60 Million | €901.10 Million | ▼ -34.5 pp |
| 2020 | 38.5% | €398.40 Million | €1.04 Billion | €908.40 Million | €510.00 Million | ▲ +10.7 pp |
| 2019 | 27.8% | €271.10 Million | €974.40 Million | €754.10 Million | €483.00 Million | ▲ +230.1 pp |
| 2018 | -202.3% | €448.00 Million | €-221.50 Million | €842.60 Million | €394.60 Million | ▼ -106.5 pp |
| 2017 | -95.8% | €203.30 Million | €-212.20 Million | €632.10 Million | €428.80 Million | — |