Pick N Pay Stores Ltd (PIK) — Working Capital to Net Assets Ratio
Pick N Pay Stores Ltd (PIK) has a Working Capital to Net Assets ratio of 8.5% as of August 2025. Working capital of ZAC896.00 Million (current assets of ZAC21.06 Billion minus current liabilities of ZAC20.16 Billion) is measured against net assets of ZAC10.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pick N Pay Stores Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pick N Pay Stores Ltd Working Capital to Net Assets (2001–2025)
This chart shows how Pick N Pay Stores Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of August 2025, the ratio stands at 8.5%, reflecting working capital of ZAC896.00 Million against net assets of ZAC10.57 Billion ZAC. See operational self-sufficiency of Pick N Pay Stores Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pick N Pay Stores Ltd (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pick N Pay Stores Ltd from 2001 to 2025, covering 25 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 Pick N Pay Stores Ltd (PIK) market capitalisation.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.5% | ZAC2.35 Billion | ZAC10.96 Billion | ZAC20.97 Billion | ZAC18.61 Billion | ▼ -2969.8 pp |
| 2024 | 2991.3% | ZAC-5.46 Billion | ZAC-182.60 Million | ZAC20.27 Billion | ZAC25.73 Billion | ▲ +3154.2 pp |
| 2023 | -162.9% | ZAC-6.03 Billion | ZAC3.70 Billion | ZAC17.50 Billion | ZAC23.53 Billion | ▼ -62.8 pp |
| 2022 | -100.2% | ZAC-3.72 Billion | ZAC3.72 Billion | ZAC19.25 Billion | ZAC22.97 Billion | ▲ +2.0 pp |
| 2021 | -102.2% | ZAC-3.46 Billion | ZAC3.39 Billion | ZAC16.65 Billion | ZAC20.11 Billion | ▲ +11.4 pp |
| 2020 | -113.5% | ZAC-3.42 Billion | ZAC3.01 Billion | ZAC12.89 Billion | ZAC16.30 Billion | ▼ -63.9 pp |
| 2019 | -49.6% | ZAC-2.14 Billion | ZAC4.32 Billion | ZAC11.66 Billion | ZAC13.80 Billion | ▲ +16.8 pp |
| 2018 | -66.4% | ZAC-2.67 Billion | ZAC4.02 Billion | ZAC10.62 Billion | ZAC13.29 Billion | ▼ -14.3 pp |
| 2017 | -52.1% | ZAC-2.12 Billion | ZAC4.08 Billion | ZAC10.40 Billion | ZAC12.53 Billion | ▼ -3.6 pp |
| 2016 | -48.4% | ZAC-1.89 Billion | ZAC3.90 Billion | ZAC9.47 Billion | ZAC11.36 Billion | ▼ -11.4 pp |
| 2015 | -37.0% | ZAC-1.16 Billion | ZAC3.13 Billion | ZAC8.79 Billion | ZAC9.95 Billion | ▲ +9.1 pp |
| 2014 | -46.2% | ZAC-1.25 Billion | ZAC2.70 Billion | ZAC8.36 Billion | ZAC9.61 Billion | ▲ +7.4 pp |
| 2013 | -53.6% | ZAC-1.29 Billion | ZAC2.42 Billion | ZAC7.61 Billion | ZAC8.91 Billion | ▼ -8.5 pp |
| 2012 | -45.1% | ZAC-1.08 Billion | ZAC2.40 Billion | ZAC6.72 Billion | ZAC7.80 Billion | ▼ -20.3 pp |
| 2011 | -24.8% | ZAC-536.20 Million | ZAC2.16 Billion | ZAC7.02 Billion | ZAC7.56 Billion | ▲ +36.4 pp |
| 2010 | -61.2% | ZAC-1.31 Billion | ZAC2.14 Billion | ZAC6.35 Billion | ZAC7.66 Billion | ▲ +15.2 pp |
| 2009 | -76.4% | ZAC-1.30 Billion | ZAC1.70 Billion | ZAC6.24 Billion | ZAC7.54 Billion | ▲ +28.5 pp |
| 2008 | -104.9% | ZAC-1.50 Billion | ZAC1.43 Billion | ZAC5.01 Billion | ZAC6.51 Billion | ▲ +78.5 pp |
| 2007 | -183.4% | ZAC-1.86 Billion | ZAC1.02 Billion | ZAC4.02 Billion | ZAC5.88 Billion | ▼ -34.9 pp |
| 2006 | -148.5% | ZAC-1.29 Billion | ZAC865.30 Million | ZAC3.68 Billion | ZAC4.96 Billion | ▼ -66.1 pp |
| 2005 | -82.5% | ZAC-889.70 Million | ZAC1.08 Billion | ZAC3.84 Billion | ZAC4.73 Billion | ▼ -20.9 pp |
| 2004 | -61.6% | ZAC-697.40 Million | ZAC1.13 Billion | ZAC3.71 Billion | ZAC4.41 Billion | ▲ +1.0 pp |
| 2003 | -62.6% | ZAC-625.30 Million | ZAC999.10 Million | ZAC3.04 Billion | ZAC3.66 Billion | ▼ -28.5 pp |
| 2002 | -34.1% | ZAC-416.00 Million | ZAC1.22 Billion | ZAC2.61 Billion | ZAC3.03 Billion | ▼ -21.3 pp |
| 2001 | -12.8% | ZAC-112.70 Million | ZAC882.20 Million | ZAC2.24 Billion | ZAC2.35 Billion | — |