AstraZeneca PLC (AZN) — Working Capital to Net Assets Ratio
AstraZeneca PLC (AZN) has a Working Capital to Net Assets ratio of -3.9% as of December 2025. Working capital of GBX-1.89 Billion (current assets of GBX28.72 Billion minus current liabilities of GBX30.62 Billion) is measured against net assets of GBX48.72 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AstraZeneca PLC net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AstraZeneca PLC Working Capital to Net Assets (1990–2025)
This chart shows how AstraZeneca PLC's Working Capital to Net Assets ratio has evolved across 36 annual periods from 1990 to 2025. As of December 2025, the ratio stands at -3.9%, reflecting working capital of GBX-1.89 Billion against net assets of GBX48.72 Billion GBX. Check AZN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for AstraZeneca PLC (1990–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AstraZeneca PLC from 1990 to 2025, covering 36 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 AZN company net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -3.9% | GBX-1.89 Billion | GBX48.72 Billion | GBX28.72 Billion | GBX30.62 Billion | ▲ +1.2 pp |
| 2024 | -5.1% | GBX-2.07 Billion | GBX40.87 Billion | GBX25.80 Billion | GBX27.87 Billion | ▲ +9.5 pp |
| 2023 | -14.6% | GBX-5.70 Billion | GBX39.17 Billion | GBX24.84 Billion | GBX30.54 Billion | ▼ -4.6 pp |
| 2022 | -10.0% | GBX-3.70 Billion | GBX37.06 Billion | GBX22.59 Billion | GBX26.29 Billion | ▼ -19.0 pp |
| 2021 | 9.0% | GBX3.54 Billion | GBX39.29 Billion | GBX26.14 Billion | GBX22.59 Billion | ▲ +14.5 pp |
| 2020 | -5.5% | GBX-858.84 Million | GBX15.64 Billion | GBX19.45 Billion | GBX20.31 Billion | ▲ +12.0 pp |
| 2019 | -17.5% | GBX-2.55 Billion | GBX14.60 Billion | GBX15.56 Billion | GBX18.12 Billion | ▼ -11.4 pp |
| 2018 | -6.1% | GBX-857.88 Million | GBX14.04 Billion | GBX15.43 Billion | GBX16.29 Billion | ▲ +13.3 pp |
| 2017 | -19.4% | GBX-3.23 Billion | GBX16.64 Billion | GBX13.15 Billion | GBX16.38 Billion | ▼ -7.5 pp |
| 2016 | -12.0% | GBX-1.99 Billion | GBX16.67 Billion | GBX13.26 Billion | GBX15.26 Billion | ▼ -18.5 pp |
| 2015 | 6.5% | GBX1.20 Billion | GBX18.44 Billion | GBX16.07 Billion | GBX14.87 Billion | ▲ +9.7 pp |
| 2014 | -3.2% | GBX-633.00 Million | GBX19.65 Billion | GBX16.70 Billion | GBX17.33 Billion | ▼ -21.6 pp |
| 2013 | 18.4% | GBX4.28 Billion | GBX23.25 Billion | GBX20.34 Billion | GBX16.05 Billion | ▼ -3.1 pp |
| 2012 | 21.5% | GBX5.14 Billion | GBX23.95 Billion | GBX19.05 Billion | GBX13.90 Billion | ▼ -11.6 pp |
| 2011 | 33.0% | GBX7.75 Billion | GBX23.47 Billion | GBX23.51 Billion | GBX15.75 Billion | ▼ -2.6 pp |
| 2010 | 35.6% | GBX8.34 Billion | GBX23.41 Billion | GBX25.13 Billion | GBX16.79 Billion | ▲ +6.2 pp |
| 2009 | 29.4% | GBX6.12 Billion | GBX20.82 Billion | GBX23.76 Billion | GBX17.64 Billion | ▲ +14.1 pp |
| 2008 | 15.3% | GBX2.45 Billion | GBX16.06 Billion | GBX15.87 Billion | GBX13.41 Billion | ▲ +2.6 pp |
| 2007 | 12.7% | GBX1.90 Billion | GBX14.91 Billion | GBX17.08 Billion | GBX15.19 Billion | ▼ -35.9 pp |
| 2006 | 48.6% | GBX7.49 Billion | GBX15.42 Billion | GBX16.94 Billion | GBX9.45 Billion | ▼ -2.0 pp |
| 2005 | 50.6% | GBX6.93 Billion | GBX13.69 Billion | GBX13.77 Billion | GBX6.84 Billion | ▲ +6.2 pp |
| 2004 | 44.4% | GBX6.44 Billion | GBX14.50 Billion | GBX13.03 Billion | GBX6.59 Billion | ▲ +4.9 pp |
| 2003 | 39.5% | GBX5.24 Billion | GBX13.26 Billion | GBX12.93 Billion | GBX7.70 Billion | ▲ +4.6 pp |
| 2002 | 34.9% | GBX3.91 Billion | GBX11.22 Billion | GBX12.13 Billion | GBX8.22 Billion | ▼ -5.5 pp |
| 2001 | 40.3% | GBX3.88 Billion | GBX9.63 Billion | GBX10.36 Billion | GBX6.48 Billion | ▲ +2.4 pp |
| 2000 | 37.9% | GBX3.62 Billion | GBX9.55 Billion | GBX10.52 Billion | GBX6.90 Billion | ▲ +10.0 pp |
| 1999 | 28.0% | GBX2.89 Billion | GBX10.35 Billion | GBX9.91 Billion | GBX7.02 Billion | ▼ -6.2 pp |
| 1998 | 34.2% | GBX3.75 Billion | GBX10.98 Billion | GBX9.40 Billion | GBX5.65 Billion | ▼ -11.1 pp |
| 1997 | 45.3% | GBX1.64 Billion | GBX3.62 Billion | GBX4.72 Billion | GBX3.08 Billion | ▼ -9.2 pp |
| 1996 | 54.5% | GBX2.00 Billion | GBX3.66 Billion | GBX5.20 Billion | GBX3.20 Billion | ▼ -2.7 pp |
| 1995 | 57.2% | GBX1.74 Billion | GBX3.04 Billion | GBX4.86 Billion | GBX3.13 Billion | ▼ -0.9 pp |
| 1994 | 58.1% | GBX1.58 Billion | GBX2.73 Billion | GBX4.55 Billion | GBX2.96 Billion | ▼ -2.3 pp |
| 1993 | 60.4% | GBX1.40 Billion | GBX2.32 Billion | GBX4.89 Billion | GBX3.49 Billion | ▲ +175.6 pp |
| 1992 | -115.2% | GBX-195.65 Million | GBX169.87 Million | GBX3.77 Billion | GBX3.97 Billion | ▼ -337.6 pp |
| 1991 | 222.4% | GBX2.04 Billion | GBX916.88 Million | GBX3.77 Billion | GBX1.73 Billion | ▼ -60.3 pp |
| 1990 | 282.8% | GBX1.93 Billion | GBX682.84 Million | GBX3.55 Billion | GBX1.62 Billion | — |