Baillie Gifford Japan Trust (BGFD) — Working Capital to Net Assets Ratio
Baillie Gifford Japan Trust (BGFD) has a Working Capital to Net Assets ratio of 2.2% as of August 2025. Working capital of GBX17.72 Million (current assets of GBX17.99 Million minus current liabilities of GBX270.00K) is measured against net assets of GBX788.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see how large is Baillie Gifford Japan Trust's balance sheet.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Baillie Gifford Japan Trust Working Capital to Net Assets (2006–2025)
This chart shows how Baillie Gifford Japan Trust's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of August 2025, the ratio stands at 2.2%, reflecting working capital of GBX17.72 Million against net assets of GBX788.15 Million GBX. Explore capital reinvestment ratio of Baillie Gifford Japan Trust to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Baillie Gifford Japan Trust (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Baillie Gifford Japan Trust from 2006 to 2025, covering 20 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. Explore BGFD strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.2% | GBX17.72 Million | GBX788.15 Million | GBX17.99 Million | GBX270.00K | ▲ +20.7 pp |
| 2024 | -18.4% | GBX-137.90 Million | GBX748.38 Million | GBX8.24 Million | GBX146.13 Million | ▼ -19.3 pp |
| 2023 | 0.8% | GBX6.20 Million | GBX732.96 Million | GBX7.84 Million | GBX1.64 Million | ▲ +11.2 pp |
| 2022 | -10.3% | GBX-81.69 Million | GBX791.01 Million | GBX13.20 Million | GBX94.89 Million | ▼ -14.9 pp |
| 2021 | 4.6% | GBX43.93 Million | GBX955.40 Million | GBX46.40 Million | GBX2.47 Million | ▼ -10.7 pp |
| 2020 | 15.3% | GBX118.46 Million | GBX772.39 Million | GBX120.06 Million | GBX1.60 Million | ▲ +17.5 pp |
| 2019 | -2.1% | GBX-15.60 Million | GBX732.11 Million | GBX41.81 Million | GBX57.41 Million | ▼ -5.9 pp |
| 2018 | 3.8% | GBX28.55 Million | GBX756.10 Million | GBX32.49 Million | GBX3.94 Million | ▲ +8.4 pp |
| 2017 | -4.6% | GBX-26.61 Million | GBX575.22 Million | GBX11.37 Million | GBX37.98 Million | ▲ +0.1 pp |
| 2016 | -4.8% | GBX-20.27 Million | GBX425.00 Million | GBX4.40 Million | GBX24.68 Million | ▼ -2.4 pp |
| 2015 | -2.4% | GBX-7.79 Million | GBX323.15 Million | GBX9.09 Million | GBX16.87 Million | ▼ -4.1 pp |
| 2014 | 1.7% | GBX4.17 Million | GBX248.71 Million | GBX5.60 Million | GBX1.43 Million | ▲ +9.8 pp |
| 2013 | -8.1% | GBX-17.08 Million | GBX210.38 Million | GBX3.42 Million | GBX20.50 Million | ▼ -5.4 pp |
| 2012 | -2.7% | GBX-3.66 Million | GBX134.59 Million | GBX4.22 Million | GBX7.87 Million | ▼ -5.7 pp |
| 2011 | 2.9% | GBX3.93 Million | GBX133.71 Million | GBX4.35 Million | GBX419.00K | ▲ +9.9 pp |
| 2010 | -6.9% | GBX-8.06 Million | GBX116.13 Million | GBX6.30 Million | GBX14.36 Million | ▼ -11.3 pp |
| 2009 | 4.4% | GBX5.07 Million | GBX115.29 Million | GBX6.39 Million | GBX1.33 Million | ▼ -2.7 pp |
| 2008 | 7.1% | GBX7.89 Million | GBX111.39 Million | GBX10.84 Million | GBX2.95 Million | ▲ +8.7 pp |
| 2007 | -1.6% | GBX-2.16 Million | GBX136.17 Million | GBX2.60 Million | GBX4.76 Million | ▼ -2.1 pp |
| 2006 | 0.5% | GBX785.00K | GBX147.68 Million | GBX4.88 Million | GBX4.10 Million | — |