Tharisa plc (THA) — Working Capital to Net Assets Ratio
Tharisa plc (THA) has a Working Capital to Net Assets ratio of 18.4% as of March 2025. Working capital of ZAC138.74 Million (current assets of ZAC347.49 Million minus current liabilities of ZAC208.75 Million) is measured against net assets of ZAC753.92 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See THA financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tharisa plc Working Capital to Net Assets (2012–2024)
This chart shows how Tharisa plc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of March 2025, the ratio stands at 18.4%, reflecting working capital of ZAC138.74 Million against net assets of ZAC753.92 Million ZAC. See THA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tharisa plc (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tharisa plc from 2012 to 2024, 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 Tharisa plc (THA) total market value.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 23.6% | ZAC184.17 Million | ZAC779.58 Million | ZAC403.97 Million | ZAC219.80 Million | ▼ -13.1 pp |
| 2023 | 36.8% | ZAC248.16 Million | ZAC675.18 Million | ZAC455.25 Million | ZAC207.09 Million | ▲ +3.4 pp |
| 2022 | 33.4% | ZAC207.21 Million | ZAC620.38 Million | ZAC375.61 Million | ZAC168.40 Million | ▼ -4.0 pp |
| 2021 | 37.4% | ZAC168.65 Million | ZAC451.27 Million | ZAC292.69 Million | ZAC124.04 Million | ▲ +8.7 pp |
| 2020 | 28.7% | ZAC92.13 Million | ZAC320.83 Million | ZAC207.98 Million | ZAC115.85 Million | ▲ +5.5 pp |
| 2019 | 23.3% | ZAC67.17 Million | ZAC288.79 Million | ZAC172.75 Million | ZAC105.57 Million | ▼ -7.5 pp |
| 2018 | 30.7% | ZAC91.70 Million | ZAC298.33 Million | ZAC179.48 Million | ZAC87.78 Million | ▲ +7.4 pp |
| 2017 | 23.3% | ZAC63.35 Million | ZAC271.85 Million | ZAC141.10 Million | ZAC77.75 Million | ▲ +23.1 pp |
| 2016 | 0.2% | ZAC504.00K | ZAC201.86 Million | ZAC84.09 Million | ZAC83.58 Million | ▲ +6.0 pp |
| 2015 | -5.8% | ZAC-10.30 Million | ZAC178.95 Million | ZAC71.39 Million | ZAC81.70 Million | ▼ -5.1 pp |
| 2014 | -0.7% | ZAC-1.48 Million | ZAC209.85 Million | ZAC67.16 Million | ZAC68.63 Million | ▼ -497.9 pp |
| 2013 | 497.2% | ZAC-266.71 Million | ZAC-53.64 Million | ZAC81.49 Million | ZAC348.20 Million | ▲ +1002.0 pp |
| 2012 | -504.8% | ZAC-164.49 Million | ZAC32.58 Million | ZAC99.45 Million | ZAC263.94 Million | — |