Nedbank Group Ltd (NED) — Working Capital to Net Assets Ratio
Nedbank Group Ltd (NED) has a Working Capital to Net Assets ratio of -135.4% as of December 2025. Working capital of ZAC-142.41 Billion (current assets of ZAC1.16 Trillion minus current liabilities of ZAC1.30 Trillion) is measured against net assets of ZAC105.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Nedbank Group Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nedbank Group Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Nedbank Group Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -135.4%, reflecting working capital of ZAC-142.41 Billion against net assets of ZAC105.17 Billion ZAC. Check Nedbank Group Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Nedbank Group Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nedbank Group Ltd from 2013 to 2025, covering 13 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 NED company net worth.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -135.4% | ZAC-142.41 Billion | ZAC105.17 Billion | ZAC1.16 Trillion | ZAC1.30 Trillion | ▲ +690.8 pp |
| 2024 | -826.2% | ZAC-1.04 Trillion | ZAC126.09 Billion | ZAC88.89 Billion | ZAC1.13 Trillion | ▼ -691.8 pp |
| 2023 | -134.4% | ZAC-160.27 Billion | ZAC119.21 Billion | ZAC23.60 Billion | ZAC183.87 Billion | ▼ -165.0 pp |
| 2022 | 30.5% | ZAC35.39 Billion | ZAC115.90 Billion | ZAC45.62 Billion | ZAC10.23 Billion | ▼ -28.0 pp |
| 2021 | 58.5% | ZAC64.06 Billion | ZAC109.51 Billion | ZAC77.24 Billion | ZAC13.18 Billion | ▼ -1.0 pp |
| 2020 | 59.5% | ZAC59.73 Billion | ZAC100.44 Billion | ZAC70.26 Billion | ZAC10.53 Billion | ▲ +2.6 pp |
| 2019 | 56.9% | ZAC55.98 Billion | ZAC98.45 Billion | ZAC68.12 Billion | ZAC12.14 Billion | ▼ -9.6 pp |
| 2018 | 66.5% | ZAC60.66 Billion | ZAC91.27 Billion | ZAC70.33 Billion | ZAC9.68 Billion | ▲ +2.7 pp |
| 2017 | 63.8% | ZAC56.46 Billion | ZAC88.54 Billion | ZAC71.19 Billion | ZAC14.72 Billion | ▼ -30.4 pp |
| 2016 | 94.2% | ZAC76.95 Billion | ZAC81.71 Billion | ZAC77.76 Billion | ZAC810.00 Million | ▲ +20.6 pp |
| 2015 | 73.5% | ZAC57.91 Billion | ZAC78.75 Billion | ZAC66.00 Billion | ZAC8.09 Billion | ▲ +21.5 pp |
| 2014 | 52.1% | ZAC36.93 Billion | ZAC70.91 Billion | ZAC45.05 Billion | ZAC8.12 Billion | ▲ +954.1 pp |
| 2013 | -902.0% | ZAC-580.31 Billion | ZAC64.34 Billion | ZAC39.53 Billion | ZAC619.83 Billion | — |