Anglo American PLC (AAL) — Working Capital to Net Assets Ratio
Anglo American PLC (AAL) has a Working Capital to Net Assets ratio of 27.7% as of December 2025. Working capital of GBX6.68 Billion (current assets of GBX13.53 Billion minus current liabilities of GBX6.84 Billion) is measured against net assets of GBX24.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Anglo American PLC balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Anglo American PLC Working Capital to Net Assets (1998–2025)
This chart shows how Anglo American PLC's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 27.7%, reflecting working capital of GBX6.68 Billion against net assets of GBX24.13 Billion GBX. Check Anglo American PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Anglo American PLC (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Anglo American PLC from 1998 to 2025, covering 28 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 AAL stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.7% | GBX6.68 Billion | GBX24.13 Billion | GBX13.53 Billion | GBX6.84 Billion | ▼ -7.6 pp |
| 2024 | 35.3% | GBX10.06 Billion | GBX28.53 Billion | GBX19.66 Billion | GBX9.60 Billion | ▲ +10.1 pp |
| 2023 | 25.2% | GBX7.97 Billion | GBX31.62 Billion | GBX17.33 Billion | GBX9.36 Billion | ▼ -2.5 pp |
| 2022 | 27.8% | GBX9.44 Billion | GBX34.02 Billion | GBX19.94 Billion | GBX10.49 Billion | ▲ +3.6 pp |
| 2021 | 24.1% | GBX8.39 Billion | GBX34.77 Billion | GBX18.97 Billion | GBX10.58 Billion | ▼ -1.6 pp |
| 2020 | 25.7% | GBX8.42 Billion | GBX32.77 Billion | GBX17.50 Billion | GBX9.08 Billion | ▲ +6.0 pp |
| 2019 | 19.7% | GBX6.19 Billion | GBX31.39 Billion | GBX13.43 Billion | GBX7.25 Billion | ▼ -2.0 pp |
| 2018 | 21.7% | GBX6.48 Billion | GBX29.83 Billion | GBX13.31 Billion | GBX6.84 Billion | ▼ -3.7 pp |
| 2017 | 25.4% | GBX7.34 Billion | GBX28.88 Billion | GBX14.73 Billion | GBX7.39 Billion | ▲ +1.1 pp |
| 2016 | 24.4% | GBX5.92 Billion | GBX24.32 Billion | GBX12.45 Billion | GBX6.53 Billion | ▼ -12.9 pp |
| 2015 | 37.2% | GBX7.94 Billion | GBX21.34 Billion | GBX13.80 Billion | GBX5.86 Billion | ▲ +13.6 pp |
| 2014 | 23.6% | GBX7.58 Billion | GBX32.18 Billion | GBX14.31 Billion | GBX6.73 Billion | ▲ +2.7 pp |
| 2013 | 20.9% | GBX7.81 Billion | GBX37.36 Billion | GBX16.16 Billion | GBX8.35 Billion | ▼ -5.3 pp |
| 2012 | 26.2% | GBX11.47 Billion | GBX43.79 Billion | GBX21.20 Billion | GBX9.72 Billion | ▲ +0.4 pp |
| 2011 | 25.8% | GBX11.12 Billion | GBX43.19 Billion | GBX19.30 Billion | GBX8.18 Billion | ▲ +7.9 pp |
| 2010 | 17.9% | GBX6.80 Billion | GBX37.97 Billion | GBX14.68 Billion | GBX7.88 Billion | ▲ +2.6 pp |
| 2009 | 15.3% | GBX4.29 Billion | GBX28.07 Billion | GBX11.03 Billion | GBX6.75 Billion | ▲ +31.6 pp |
| 2008 | -16.3% | GBX-3.54 Billion | GBX21.76 Billion | GBX9.58 Billion | GBX13.12 Billion | ▼ -12.5 pp |
| 2007 | -3.8% | GBX-919.00 Million | GBX24.33 Billion | GBX10.56 Billion | GBX11.48 Billion | ▼ -19.4 pp |
| 2006 | 15.6% | GBX4.23 Billion | GBX27.13 Billion | GBX13.03 Billion | GBX8.80 Billion | ▲ +2.6 pp |
| 2005 | 13.0% | GBX3.60 Billion | GBX27.58 Billion | GBX13.15 Billion | GBX9.55 Billion | ▲ +3.4 pp |
| 2004 | 9.7% | GBX2.68 Billion | GBX27.71 Billion | GBX12.26 Billion | GBX9.58 Billion | ▲ +9.9 pp |
| 2003 | -0.3% | GBX-65.00 Million | GBX23.17 Billion | GBX9.25 Billion | GBX9.32 Billion | ▼ -6.3 pp |
| 2002 | 6.0% | GBX1.12 Billion | GBX18.57 Billion | GBX7.37 Billion | GBX6.25 Billion | ▼ -0.2 pp |
| 2001 | 6.2% | GBX899.00 Million | GBX14.46 Billion | GBX7.14 Billion | GBX6.24 Billion | ▲ +1.0 pp |
| 2000 | 5.2% | GBX950.00 Million | GBX18.19 Billion | GBX8.38 Billion | GBX7.42 Billion | ▼ -13.1 pp |
| 1999 | 18.3% | GBX3.50 Billion | GBX19.12 Billion | GBX7.11 Billion | GBX3.61 Billion | ▼ -4.3 pp |
| 1998 | 22.6% | GBX4.00 Billion | GBX17.72 Billion | GBX7.66 Billion | GBX3.66 Billion | — |