Bowler Metcalf Ltd (BCF) — Working Capital to Net Assets Ratio
Bowler Metcalf Ltd (BCF) has a Working Capital to Net Assets ratio of 51.3% as of December 2025. Working capital of ZAC469.70 Million (current assets of ZAC569.00 Million minus current liabilities of ZAC99.30 Million) is measured against net assets of ZAC915.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Bowler Metcalf Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bowler Metcalf Ltd Working Capital to Net Assets (2008–2025)
This chart shows how Bowler Metcalf Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 51.3%, reflecting working capital of ZAC469.70 Million against net assets of ZAC915.00 Million ZAC. See BCF days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bowler Metcalf Ltd (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bowler Metcalf Ltd from 2008 to 2025, covering 18 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 Bowler Metcalf Ltd (BCF) total market value.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.1% | ZAC439.09 Million | ZAC875.80 Million | ZAC539.13 Million | ZAC100.04 Million | ▼ -4.4 pp |
| 2024 | 54.5% | ZAC437.26 Million | ZAC801.93 Million | ZAC514.26 Million | ZAC77.00 Million | ▼ -1.8 pp |
| 2023 | 56.3% | ZAC410.03 Million | ZAC728.18 Million | ZAC494.80 Million | ZAC84.77 Million | ▼ -1.0 pp |
| 2022 | 57.3% | ZAC403.59 Million | ZAC704.35 Million | ZAC478.91 Million | ZAC75.32 Million | ▲ +4.5 pp |
| 2021 | 52.8% | ZAC387.15 Million | ZAC732.76 Million | ZAC459.79 Million | ZAC72.64 Million | ▼ -25.2 pp |
| 2020 | 78.0% | ZAC531.31 Million | ZAC681.02 Million | ZAC588.30 Million | ZAC56.99 Million | ▲ +0.2 pp |
| 2019 | 77.8% | ZAC528.51 Million | ZAC679.00 Million | ZAC579.07 Million | ZAC50.56 Million | ▼ -8.0 pp |
| 2018 | 85.8% | ZAC657.42 Million | ZAC766.12 Million | ZAC714.63 Million | ZAC57.21 Million | ▲ +40.4 pp |
| 2017 | 45.5% | ZAC300.56 Million | ZAC661.25 Million | ZAC358.09 Million | ZAC57.53 Million | ▼ -2.8 pp |
| 2016 | 48.3% | ZAC337.51 Million | ZAC699.05 Million | ZAC401.31 Million | ZAC63.80 Million | ▲ +1.0 pp |
| 2015 | 47.3% | ZAC315.95 Million | ZAC667.75 Million | ZAC365.41 Million | ZAC49.46 Million | ▼ -13.2 pp |
| 2014 | 60.5% | ZAC278.27 Million | ZAC459.85 Million | ZAC356.93 Million | ZAC78.66 Million | ▲ +3.5 pp |
| 2013 | 57.0% | ZAC242.07 Million | ZAC424.34 Million | ZAC301.23 Million | ZAC59.16 Million | ▲ +2.5 pp |
| 2012 | 54.5% | ZAC236.83 Million | ZAC434.21 Million | ZAC308.95 Million | ZAC72.12 Million | ▼ -11.5 pp |
| 2011 | 66.1% | ZAC269.27 Million | ZAC407.55 Million | ZAC331.62 Million | ZAC62.35 Million | ▲ +9.6 pp |
| 2010 | 56.4% | ZAC196.47 Million | ZAC348.07 Million | ZAC251.84 Million | ZAC55.37 Million | ▲ +10.3 pp |
| 2009 | 46.1% | ZAC139.44 Million | ZAC302.35 Million | ZAC201.35 Million | ZAC61.91 Million | ▲ +8.1 pp |
| 2008 | 38.0% | ZAC101.07 Million | ZAC265.67 Million | ZAC167.53 Million | ZAC66.46 Million | — |