Netcare (NTC) — Working Capital to Net Assets Ratio
Netcare (NTC) has a Working Capital to Net Assets ratio of 7.8% as of September 2025. Working capital of ZAC857.00 Million (current assets of ZAC6.51 Billion minus current liabilities of ZAC5.65 Billion) is measured against net assets of ZAC10.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NTC days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Netcare Working Capital to Net Assets (2005–2025)
This chart shows how Netcare's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 7.8%, reflecting working capital of ZAC857.00 Million against net assets of ZAC10.99 Billion ZAC. For the complete balance sheet picture, see Netcare balance sheet assets.
Annual Working Capital to Net Assets for Netcare (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Netcare from 2005 to 2025, covering 21 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 NTC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 7.8% | ZAC857.00 Million | ZAC10.99 Billion | ZAC6.51 Billion | ZAC5.65 Billion | ▲ +6.7 pp |
| 2024 | 1.1% | ZAC119.00 Million | ZAC10.97 Billion | ZAC6.38 Billion | ZAC6.26 Billion | ▼ -6.4 pp |
| 2023 | 7.5% | ZAC825.00 Million | ZAC11.04 Billion | ZAC6.43 Billion | ZAC5.60 Billion | ▲ +6.0 pp |
| 2022 | 1.4% | ZAC157.00 Million | ZAC10.94 Billion | ZAC5.44 Billion | ZAC5.28 Billion | ▲ +1.7 pp |
| 2021 | -0.3% | ZAC-27.00 Million | ZAC10.59 Billion | ZAC5.59 Billion | ZAC5.62 Billion | ▼ -10.8 pp |
| 2020 | 10.5% | ZAC1.03 Billion | ZAC9.80 Billion | ZAC6.05 Billion | ZAC5.02 Billion | ▲ +8.3 pp |
| 2019 | 2.2% | ZAC228.00 Million | ZAC10.23 Billion | ZAC5.52 Billion | ZAC5.30 Billion | ▼ -7.8 pp |
| 2018 | 10.0% | ZAC1.04 Billion | ZAC10.41 Billion | ZAC5.25 Billion | ZAC4.21 Billion | ▲ +4.4 pp |
| 2017 | 5.6% | ZAC493.00 Million | ZAC8.86 Billion | ZAC8.16 Billion | ZAC7.67 Billion | ▲ +1.3 pp |
| 2016 | 4.3% | ZAC556.00 Million | ZAC13.01 Billion | ZAC8.04 Billion | ZAC7.49 Billion | ▲ +2.9 pp |
| 2015 | 1.4% | ZAC194.00 Million | ZAC14.28 Billion | ZAC8.95 Billion | ZAC8.75 Billion | ▲ +3.5 pp |
| 2014 | -2.1% | ZAC-259.00 Million | ZAC12.17 Billion | ZAC7.42 Billion | ZAC7.68 Billion | ▼ -2.8 pp |
| 2013 | 0.7% | ZAC73.00 Million | ZAC10.43 Billion | ZAC6.73 Billion | ZAC6.66 Billion | ▲ +33.0 pp |
| 2012 | -32.3% | ZAC329.00 Million | ZAC-1.02 Billion | ZAC7.26 Billion | ZAC6.93 Billion | ▼ -21.1 pp |
| 2011 | -11.2% | ZAC-858.00 Million | ZAC7.68 Billion | ZAC6.19 Billion | ZAC7.04 Billion | ▲ +18.8 pp |
| 2010 | -29.9% | ZAC-1.96 Billion | ZAC6.53 Billion | ZAC5.38 Billion | ZAC7.34 Billion | ▼ -27.3 pp |
| 2009 | -2.7% | ZAC-190.00 Million | ZAC7.13 Billion | ZAC4.90 Billion | ZAC5.09 Billion | ▲ +0.5 pp |
| 2008 | -3.1% | ZAC-278.00 Million | ZAC8.85 Billion | ZAC5.72 Billion | ZAC6.00 Billion | ▲ +1.5 pp |
| 2007 | -4.6% | ZAC-395.00 Million | ZAC8.58 Billion | ZAC5.21 Billion | ZAC5.61 Billion | ▲ +16.9 pp |
| 2006 | -21.5% | ZAC-1.34 Billion | ZAC6.24 Billion | ZAC4.79 Billion | ZAC6.13 Billion | ▼ -19.4 pp |
| 2005 | -2.1% | ZAC-71.30 Million | ZAC3.42 Billion | ZAC2.01 Billion | ZAC2.08 Billion | — |