Ninety One Ltd Working Capital to Net Assets Ratio
Ninety One Ltd working capital to net assets ratio. Ninety One Ltd (NY1) has a Working Capital to Net Assets ratio of 95.0% as of September 2025. Working capital of ZAC371.50 Million (current assets of ZAC13.45 Billion minus current liabilities of ZAC13.07 Billion) is measured against net assets of ZAC391.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ninety One Ltd (2017–2025)
Working capital to net assets ratio of Ninety One Ltd from 2017 to 2025. This chart shows how Ninety One Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at 95.0%, reflecting working capital of ZAC371.50 Million against net assets of ZAC391.00 Million ZAC. See NY1 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Ninety One Ltd Working Capital to Net Assets Ratio by Year (2017–2025)
Ninety One Ltd working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Ninety One Ltd 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. For the complete balance sheet picture, see Ninety One Ltd total assets.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 95.7% | ZAC357.70 Million | ZAC373.60 Million | ZAC12.04 Billion | ZAC11.69 Billion | ▲ +1.7 pp |
| 2024 | 94.1% | ZAC345.80 Million | ZAC367.60 Million | ZAC10.94 Billion | ZAC10.59 Billion | ▲ +1.4 pp |
| 2023 | 92.6% | ZAC324.10 Million | ZAC349.90 Million | ZAC10.64 Billion | ZAC10.31 Billion | ▼ -10.0 pp |
| 2022 | 102.6% | ZAC350.60 Million | ZAC341.60 Million | ZAC11.53 Billion | ZAC11.18 Billion | ▼ -5.4 pp |
| 2021 | 108.1% | ZAC273.70 Million | ZAC253.30 Million | ZAC9.75 Billion | ZAC9.48 Billion | ▲ +7.7 pp |
| 2020 | 100.3% | ZAC151.60 Million | ZAC151.10 Million | ZAC7.51 Billion | ZAC7.35 Billion | ▼ -10.8 pp |
| 2019 | 111.1% | ZAC217.42 Million | ZAC195.64 Million | ZAC8.76 Billion | ZAC8.55 Billion | ▼ -7.0 pp |
| 2018 | 118.1% | ZAC249.99 Million | ZAC211.61 Million | ZAC9.03 Billion | ZAC8.78 Billion | ▼ -4.9 pp |
| 2017 | 123.1% | ZAC241.97 Million | ZAC196.62 Million | ZAC8.25 Billion | ZAC8.01 Billion | — |