Admiral Group PLC (ADM) — Working Capital to Net Assets Ratio
Admiral Group PLC (ADM) has a Working Capital to Net Assets ratio of 269.6% as of December 2024. Working capital of GBX3.70 Billion (current assets of GBX3.83 Billion minus current liabilities of GBX133.90 Million) is measured against net assets of GBX1.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Admiral Group PLC balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Admiral Group PLC Working Capital to Net Assets (2003–2024)
This chart shows how Admiral Group PLC's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of December 2024, the ratio stands at 269.6%, reflecting working capital of GBX3.70 Billion against net assets of GBX1.37 Billion GBX. Check Admiral Group PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Admiral Group PLC (2003–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Admiral Group PLC from 2003 to 2024, covering 22 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 Admiral Group PLC stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 177.5% | GBX2.43 Billion | GBX1.37 Billion | GBX3.83 Billion | GBX1.40 Billion | ▼ -413.0 pp |
| 2023 | 590.5% | GBX5.86 Billion | GBX992.80 Million | GBX6.12 Billion | GBX258.50 Million | ▲ +794.6 pp |
| 2022 | -204.1% | GBX-1.95 Billion | GBX955.40 Million | GBX2.63 Billion | GBX4.58 Billion | ▼ -104.3 pp |
| 2021 | -99.8% | GBX-1.41 Billion | GBX1.41 Billion | GBX2.73 Billion | GBX4.14 Billion | ▼ -42.2 pp |
| 2020 | -57.5% | GBX-646.00 Million | GBX1.12 Billion | GBX2.99 Billion | GBX3.64 Billion | ▲ +28.8 pp |
| 2019 | -86.3% | GBX-793.00 Million | GBX918.60 Million | GBX2.79 Billion | GBX3.58 Billion | ▼ -119.0 pp |
| 2018 | 32.6% | GBX251.60 Million | GBX771.10 Million | GBX376.80 Million | GBX125.20 Million | ▼ -0.3 pp |
| 2017 | 32.9% | GBX216.00 Million | GBX655.80 Million | GBX326.80 Million | GBX110.80 Million | ▼ -7.2 pp |
| 2016 | 40.1% | GBX233.40 Million | GBX581.70 Million | GBX326.60 Million | GBX93.20 Million | ▲ +6.5 pp |
| 2015 | 33.6% | GBX212.60 Million | GBX632.90 Million | GBX265.30 Million | GBX52.70 Million | ▼ -5.0 pp |
| 2014 | 38.5% | GBX223.90 Million | GBX580.90 Million | GBX255.90 Million | GBX32.00 Million | ▲ +34.3 pp |
| 2013 | 4.2% | GBX145.30 Million | GBX3.43 Billion | GBX187.90 Million | GBX42.60 Million | ▲ +117.3 pp |
| 2012 | -113.0% | GBX-520.70 Million | GBX460.70 Million | GBX216.60 Million | GBX737.30 Million | ▼ -19.8 pp |
| 2011 | -93.3% | GBX-367.80 Million | GBX394.40 Million | GBX224.60 Million | GBX592.40 Million | ▼ -66.5 pp |
| 2010 | -26.8% | GBX-94.00 Million | GBX350.70 Million | GBX246.70 Million | GBX340.70 Million | ▼ -42.2 pp |
| 2009 | 15.4% | GBX46.40 Million | GBX300.80 Million | GBX211.80 Million | GBX165.40 Million | ▲ +20.7 pp |
| 2008 | -5.3% | GBX-14.54 Million | GBX275.50 Million | GBX144.29 Million | GBX158.83 Million | ▼ -11.5 pp |
| 2007 | 6.2% | GBX14.81 Million | GBX237.63 Million | GBX155.77 Million | GBX140.96 Million | ▼ -21.6 pp |
| 2006 | 27.9% | GBX61.07 Million | GBX219.06 Million | GBX191.24 Million | GBX130.18 Million | ▼ -52.5 pp |
| 2005 | 80.3% | GBX145.73 Million | GBX181.41 Million | GBX150.15 Million | GBX4.42 Million | ▲ +0.3 pp |
| 2004 | 80.1% | GBX115.82 Million | GBX144.63 Million | GBX119.20 Million | GBX3.38 Million | ▲ +27.8 pp |
| 2003 | 52.3% | GBX56.53 Million | GBX108.17 Million | GBX70.08 Million | GBX13.55 Million | — |