Avon Protection PLC (AVON) — Working Capital to Net Assets Ratio
Avon Protection PLC (AVON) has a Working Capital to Net Assets ratio of 49.9% as of March 2026. Working capital of GBX88.60 Million (current assets of GBX127.39 Million minus current liabilities of GBX38.80 Million) is measured against net assets of GBX177.39 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Avon Protection PLC leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Avon Protection PLC Working Capital to Net Assets (1986–2025)
This chart shows how Avon Protection PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 49.9%, reflecting working capital of GBX88.60 Million against net assets of GBX177.39 Million GBX. See AVON defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Avon Protection PLC (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Avon Protection 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 live market cap and the full company profile, see AVON stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 42.2% | GBX70.36 Million | GBX166.61 Million | GBX121.13 Million | GBX50.77 Million | ▲ +6.6 pp |
| 2024 | 35.7% | GBX59.40 Million | GBX166.50 Million | GBX106.30 Million | GBX46.90 Million | ▼ -18.4 pp |
| 2023 | 54.1% | GBX86.20 Million | GBX159.40 Million | GBX126.20 Million | GBX40.00 Million | ▲ +24.1 pp |
| 2022 | 29.9% | GBX62.44 Million | GBX208.63 Million | GBX109.12 Million | GBX46.68 Million | ▼ -9.7 pp |
| 2021 | 39.6% | GBX81.55 Million | GBX205.77 Million | GBX129.13 Million | GBX47.59 Million | ▼ -33.7 pp |
| 2020 | 73.3% | GBX132.00 Million | GBX180.10 Million | GBX211.60 Million | GBX79.60 Million | ▼ -16.9 pp |
| 2019 | 90.2% | GBX67.80 Million | GBX75.20 Million | GBX104.50 Million | GBX36.70 Million | ▲ +28.4 pp |
| 2018 | 61.8% | GBX52.40 Million | GBX84.80 Million | GBX93.80 Million | GBX41.40 Million | ▲ +1.9 pp |
| 2017 | 59.9% | GBX33.30 Million | GBX55.60 Million | GBX72.30 Million | GBX39.00 Million | ▲ +39.7 pp |
| 2016 | 20.2% | GBX8.50 Million | GBX42.00 Million | GBX45.10 Million | GBX36.60 Million | ▲ +30.7 pp |
| 2015 | -10.5% | GBX-6.70 Million | GBX63.96 Million | GBX34.48 Million | GBX41.19 Million | ▲ +9.2 pp |
| 2014 | -19.7% | GBX-7.99 Million | GBX40.63 Million | GBX34.97 Million | GBX42.96 Million | ▼ -9.7 pp |
| 2013 | -10.0% | GBX-3.33 Million | GBX33.46 Million | GBX34.45 Million | GBX37.78 Million | ▼ -46.9 pp |
| 2012 | 37.0% | GBX14.26 Million | GBX38.57 Million | GBX49.00 Million | GBX34.74 Million | ▼ -16.5 pp |
| 2011 | 53.4% | GBX17.64 Million | GBX33.02 Million | GBX46.32 Million | GBX28.67 Million | ▼ -44.4 pp |
| 2010 | 97.8% | GBX13.56 Million | GBX13.86 Million | GBX42.26 Million | GBX28.70 Million | ▲ +445.8 pp |
| 2009 | -348.0% | GBX-12.61 Million | GBX3.62 Million | GBX44.96 Million | GBX57.57 Million | ▼ -333.0 pp |
| 2008 | -15.0% | GBX-11.46 Million | GBX76.17 Million | GBX46.82 Million | GBX58.29 Million | ▼ -13.7 pp |
| 2007 | -1.3% | GBX-1.20 Million | GBX88.90 Million | GBX56.11 Million | GBX57.31 Million | ▼ -28.1 pp |
| 2006 | 26.8% | GBX12.05 Million | GBX45.05 Million | GBX63.04 Million | GBX50.99 Million | ▲ +27.0 pp |
| 2005 | -0.3% | GBX-234.72K | GBX84.18 Million | GBX148.55 Million | GBX148.78 Million | ▼ -2.3 pp |
| 2004 | 2.0% | GBX2.44 Million | GBX120.93 Million | GBX137.01 Million | GBX134.58 Million | ▲ +2.0 pp |
| 2003 | 0.0% | GBX-18.28K | GBX102.92 Million | GBX133.41 Million | GBX133.43 Million | ▼ -9.8 pp |
| 2002 | 9.8% | GBX11.91 Million | GBX121.69 Million | GBX122.97 Million | GBX111.06 Million | ▼ -18.5 pp |
| 2001 | 28.3% | GBX33.55 Million | GBX118.76 Million | GBX131.03 Million | GBX97.48 Million | ▼ -2.2 pp |
| 2000 | 30.4% | GBX39.55 Million | GBX129.89 Million | GBX143.49 Million | GBX103.94 Million | ▼ -10.3 pp |
| 1999 | 40.8% | GBX61.62 Million | GBX151.04 Million | GBX172.11 Million | GBX110.49 Million | ▼ -36.0 pp |
| 1998 | 76.8% | GBX105.97 Million | GBX137.94 Million | GBX198.78 Million | GBX92.80 Million | ▲ +8.1 pp |
| 1997 | 68.7% | GBX120.69 Million | GBX175.74 Million | GBX198.26 Million | GBX77.56 Million | ▲ +27.0 pp |
| 1996 | 41.7% | GBX61.95 Million | GBX148.55 Million | GBX184.87 Million | GBX122.92 Million | ▼ -8.7 pp |
| 1995 | 50.4% | GBX70.47 Million | GBX139.85 Million | GBX185.00 Million | GBX114.53 Million | ▲ +2.2 pp |
| 1994 | 48.1% | GBX64.08 Million | GBX133.11 Million | GBX175.64 Million | GBX111.56 Million | ▼ -9.9 pp |
| 1993 | 58.0% | GBX78.68 Million | GBX135.58 Million | GBX181.83 Million | GBX103.15 Million | ▲ +17.8 pp |
| 1992 | 40.2% | GBX40.81 Million | GBX101.47 Million | GBX140.61 Million | GBX99.80 Million | ▼ -23.1 pp |
| 1991 | 63.3% | GBX63.46 Million | GBX100.25 Million | GBX154.31 Million | GBX90.85 Million | ▲ +6.3 pp |
| 1990 | 57.0% | GBX63.69 Million | GBX111.69 Million | GBX174.47 Million | GBX110.77 Million | ▼ -9.7 pp |
| 1989 | 66.7% | GBX62.56 Million | GBX93.79 Million | GBX165.15 Million | GBX102.59 Million | ▲ +20.5 pp |
| 1988 | 46.2% | GBX38.62 Million | GBX83.58 Million | GBX142.99 Million | GBX104.37 Million | ▲ +3.8 pp |
| 1987 | 42.4% | GBX30.77 Million | GBX72.51 Million | GBX121.80 Million | GBX91.03 Million | ▲ +4.6 pp |
| 1986 | 37.9% | GBX19.55 Million | GBX51.61 Million | GBX102.06 Million | GBX82.51 Million | — |