Associated British Foods PLC Working Capital to Net Assets Ratio
Associated British Foods PLC working capital to net assets ratio. Associated British Foods PLC (ABF) has a Working Capital to Net Assets ratio of 17.3% as of February 2026. Working capital of GBX2.02 Billion (current assets of GBX5.99 Billion minus current liabilities of GBX3.98 Billion) is measured against net assets of GBX11.62 Billion. 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 Associated British Foods PLC (1986–2025)
Working capital to net assets ratio of Associated British Foods PLC from 1986 to 2025. This chart shows how Associated British Foods PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 17.3%, reflecting working capital of GBX2.02 Billion against net assets of GBX11.62 Billion GBX. See how many days can Associated British Foods PLC fund operations to measure how many days the company can operate on defensive assets alone.
Associated British Foods PLC Working Capital to Net Assets Ratio by Year (1986–2025)
Associated British Foods PLC working capital to net assets ratio by year from 1986 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Associated British Foods PLC from 1986 to 2025, covering 40 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 ABF total asset value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.4% | GBX2.17 Billion | GBX11.19 Billion | GBX6.20 Billion | GBX4.04 Billion | ▼ -5.9 pp |
| 2024 | 25.3% | GBX2.85 Billion | GBX11.28 Billion | GBX6.52 Billion | GBX3.67 Billion | ▼ -2.0 pp |
| 2023 | 27.2% | GBX3.05 Billion | GBX11.19 Billion | GBX6.74 Billion | GBX3.69 Billion | ▼ -5.5 pp |
| 2022 | 32.7% | GBX3.78 Billion | GBX11.55 Billion | GBX7.83 Billion | GBX4.05 Billion | ▲ +4.5 pp |
| 2021 | 28.2% | GBX2.82 Billion | GBX10.00 Billion | GBX6.11 Billion | GBX3.28 Billion | ▲ +0.7 pp |
| 2020 | 27.5% | GBX2.60 Billion | GBX9.44 Billion | GBX5.75 Billion | GBX3.15 Billion | ▲ +1.1 pp |
| 2019 | 26.5% | GBX2.53 Billion | GBX9.55 Billion | GBX5.60 Billion | GBX3.07 Billion | ▲ +4.6 pp |
| 2018 | 21.9% | GBX2.04 Billion | GBX9.30 Billion | GBX5.29 Billion | GBX3.25 Billion | ▼ -2.3 pp |
| 2017 | 24.2% | GBX2.04 Billion | GBX8.41 Billion | GBX5.19 Billion | GBX3.15 Billion | ▲ +6.1 pp |
| 2016 | 18.1% | GBX1.29 Billion | GBX7.12 Billion | GBX4.44 Billion | GBX3.15 Billion | ▲ +1.1 pp |
| 2015 | 17.0% | GBX1.11 Billion | GBX6.51 Billion | GBX3.85 Billion | GBX2.74 Billion | ▲ +3.0 pp |
| 2014 | 14.0% | GBX942.00 Million | GBX6.71 Billion | GBX3.63 Billion | GBX2.68 Billion | ▲ +0.3 pp |
| 2013 | 13.8% | GBX898.00 Million | GBX6.52 Billion | GBX3.42 Billion | GBX2.53 Billion | ▲ +2.9 pp |
| 2012 | 10.9% | GBX681.00 Million | GBX6.24 Billion | GBX3.27 Billion | GBX2.59 Billion | ▲ +0.9 pp |
| 2011 | 10.1% | GBX621.00 Million | GBX6.17 Billion | GBX3.16 Billion | GBX2.54 Billion | ▼ -1.6 pp |
| 2010 | 11.6% | GBX668.00 Million | GBX5.74 Billion | GBX2.79 Billion | GBX2.13 Billion | ▲ +0.7 pp |
| 2009 | 10.9% | GBX555.00 Million | GBX5.08 Billion | GBX3.02 Billion | GBX2.46 Billion | ▼ -8.4 pp |
| 2008 | 19.4% | GBX938.00 Million | GBX4.84 Billion | GBX2.78 Billion | GBX1.84 Billion | ▲ +1.0 pp |
| 2007 | 18.3% | GBX818.00 Million | GBX4.46 Billion | GBX2.26 Billion | GBX1.44 Billion | ▲ +8.1 pp |
| 2006 | 10.2% | GBX427.00 Million | GBX4.18 Billion | GBX2.10 Billion | GBX1.67 Billion | ▼ -17.4 pp |
| 2005 | 27.6% | GBX1.07 Billion | GBX3.88 Billion | GBX2.44 Billion | GBX1.37 Billion | ▼ -26.2 pp |
| 2004 | 53.8% | GBX1.88 Billion | GBX3.50 Billion | GBX2.78 Billion | GBX897.00 Million | ▼ -3.4 pp |
| 2003 | 57.2% | GBX1.89 Billion | GBX3.30 Billion | GBX2.77 Billion | GBX885.00 Million | ▲ +0.1 pp |
| 2002 | 57.1% | GBX1.75 Billion | GBX3.07 Billion | GBX2.55 Billion | GBX800.00 Million | ▲ +2.8 pp |
| 2001 | 54.3% | GBX1.56 Billion | GBX2.87 Billion | GBX2.31 Billion | GBX754.00 Million | ▲ +4.0 pp |
| 2000 | 50.3% | GBX1.43 Billion | GBX2.84 Billion | GBX2.22 Billion | GBX792.00 Million | ▲ +2.9 pp |
| 1999 | 47.3% | GBX1.30 Billion | GBX2.75 Billion | GBX2.04 Billion | GBX733.00 Million | ▼ -12.2 pp |
| 1998 | 59.5% | GBX1.82 Billion | GBX3.06 Billion | GBX2.55 Billion | GBX726.00 Million | ▼ -0.9 pp |
| 1997 | 60.4% | GBX1.81 Billion | GBX2.99 Billion | GBX2.58 Billion | GBX773.00 Million | ▲ +17.6 pp |
| 1996 | 42.8% | GBX1.08 Billion | GBX2.53 Billion | GBX1.99 Billion | GBX908.00 Million | ▲ +2.3 pp |
| 1995 | 40.5% | GBX941.00 Million | GBX2.32 Billion | GBX1.79 Billion | GBX849.00 Million | ▼ -1.6 pp |
| 1994 | 42.1% | GBX902.00 Million | GBX2.14 Billion | GBX1.76 Billion | GBX855.00 Million | ▲ +4.5 pp |
| 1993 | 37.6% | GBX723.00 Million | GBX1.92 Billion | GBX1.56 Billion | GBX841.00 Million | ▲ +3.0 pp |
| 1992 | 34.7% | GBX604.00 Million | GBX1.74 Billion | GBX1.43 Billion | GBX826.00 Million | ▼ -0.5 pp |
| 1991 | 35.1% | GBX588.90 Million | GBX1.68 Billion | GBX1.49 Billion | GBX901.40 Million | ▼ -22.8 pp |
| 1990 | 57.9% | GBX1.13 Billion | GBX1.96 Billion | GBX1.62 Billion | GBX487.90 Million | ▲ +2.2 pp |
| 1989 | 55.7% | GBX965.30 Million | GBX1.73 Billion | GBX1.43 Billion | GBX460.60 Million | ▲ +0.4 pp |
| 1988 | 55.3% | GBX860.10 Million | GBX1.55 Billion | GBX1.30 Billion | GBX440.10 Million | ▼ -14.2 pp |
| 1987 | 69.5% | GBX1.04 Billion | GBX1.49 Billion | GBX1.42 Billion | GBX379.00 Million | ▲ +39.8 pp |
| 1986 | 29.8% | GBX277.60 Million | GBX932.00 Million | GBX799.40 Million | GBX521.80 Million | — |