JSE Limited (JSE) — Working Capital to Net Assets Ratio
JSE Limited (JSE) has a Working Capital to Net Assets ratio of 76.3% as of December 2025. Working capital of ZAC3.86 Billion (current assets of ZAC3.89 Billion minus current liabilities of ZAC23.49 Million) is measured against net assets of ZAC5.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See JSE equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JSE Limited Working Capital to Net Assets (2005–2025)
This chart shows how JSE Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 76.3%, reflecting working capital of ZAC3.86 Billion against net assets of ZAC5.06 Billion ZAC. Check JSE Limited (JSE) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for JSE Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for JSE Limited from 2005 to 2025, covering 15 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 JSE Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 76.3% | ZAC3.86 Billion | ZAC5.06 Billion | ZAC3.89 Billion | ZAC23.49 Million | ▲ +27.7 pp |
| 2024 | 48.6% | ZAC2.28 Billion | ZAC4.68 Billion | ZAC53.02 Billion | ZAC50.74 Billion | ▼ -4.9 pp |
| 2023 | 53.5% | ZAC2.35 Billion | ZAC4.39 Billion | ZAC57.64 Billion | ZAC55.29 Billion | ▼ -3.3 pp |
| 2022 | 56.8% | ZAC2.37 Billion | ZAC4.17 Billion | ZAC59.34 Billion | ZAC56.97 Billion | ▼ -2.7 pp |
| 2021 | 59.5% | ZAC2.51 Billion | ZAC4.22 Billion | ZAC59.07 Billion | ZAC56.56 Billion | ▼ -2.1 pp |
| 2020 | 61.6% | ZAC2.56 Billion | ZAC4.15 Billion | ZAC49.75 Billion | ZAC47.20 Billion | ▼ -3.2 pp |
| 2019 | 64.8% | ZAC2.57 Billion | ZAC3.97 Billion | ZAC38.51 Billion | ZAC35.94 Billion | ▼ -3.2 pp |
| 2018 | 68.0% | ZAC2.70 Billion | ZAC3.97 Billion | ZAC40.52 Billion | ZAC37.82 Billion | ▲ +0.4 pp |
| 2017 | 67.6% | ZAC2.45 Billion | ZAC3.63 Billion | ZAC37.37 Billion | ZAC34.92 Billion | ▲ +1.4 pp |
| 2016 | 66.1% | ZAC2.16 Billion | ZAC3.27 Billion | ZAC44.71 Billion | ZAC42.55 Billion | ▼ -0.4 pp |
| 2015 | 66.5% | ZAC1.97 Billion | ZAC2.96 Billion | ZAC37.46 Billion | ZAC35.50 Billion | ▲ +0.9 pp |
| 2014 | 65.7% | ZAC1.62 Billion | ZAC2.47 Billion | ZAC28.24 Billion | ZAC26.62 Billion | ▼ -0.2 pp |
| 2013 | 65.9% | ZAC1.44 Billion | ZAC2.19 Billion | ZAC20.51 Billion | ZAC19.07 Billion | ▲ +7.5 pp |
| 2012 | 58.4% | ZAC1.09 Billion | ZAC1.87 Billion | ZAC16.18 Billion | ZAC15.09 Billion | ▲ +897.5 pp |
| 2005 | -839.1% | ZAC-5.73 Billion | ZAC682.60 Million | ZAC439.36 Million | ZAC6.17 Billion | — |