BP p.l.c (BP-B) — Working Capital to Net Assets Ratio
BP p.l.c (BP-B) has a Working Capital to Net Assets ratio of 28.7% as of December 2025. Working capital of GBX21.20 Billion (current assets of GBX101.79 Billion minus current liabilities of GBX80.58 Billion) is measured against net assets of GBX74.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See BP p.l.c balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BP p.l.c Working Capital to Net Assets (1985–2025)
This chart shows how BP p.l.c's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 28.7%, reflecting working capital of GBX21.20 Billion against net assets of GBX74.00 Billion GBX. Check BP-B goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for BP p.l.c (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BP p.l.c from 1985 to 2025, covering 41 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 BP p.l.c stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.7% | GBX21.20 Billion | GBX74.00 Billion | GBX101.79 Billion | GBX80.58 Billion | ▲ +2.4 pp |
| 2024 | 26.3% | GBX20.59 Billion | GBX78.32 Billion | GBX102.83 Billion | GBX82.24 Billion | ▲ +5.2 pp |
| 2023 | 21.1% | GBX18.07 Billion | GBX85.49 Billion | GBX104.15 Billion | GBX86.08 Billion | ▲ +10.7 pp |
| 2022 | 10.4% | GBX8.67 Billion | GBX82.99 Billion | GBX107.69 Billion | GBX99.02 Billion | ▼ -3.2 pp |
| 2021 | 13.6% | GBX12.30 Billion | GBX90.44 Billion | GBX92.59 Billion | GBX80.29 Billion | ▼ -1.8 pp |
| 2020 | 15.4% | GBX13.18 Billion | GBX85.57 Billion | GBX72.98 Billion | GBX59.80 Billion | ▲ +7.0 pp |
| 2019 | 8.4% | GBX8.46 Billion | GBX100.71 Billion | GBX82.06 Billion | GBX73.59 Billion | ▲ +5.4 pp |
| 2018 | 3.0% | GBX3.07 Billion | GBX101.55 Billion | GBX71.31 Billion | GBX68.24 Billion | ▼ -7.2 pp |
| 2017 | 10.2% | GBX10.24 Billion | GBX100.40 Billion | GBX74.97 Billion | GBX64.73 Billion | ▲ +0.4 pp |
| 2016 | 9.8% | GBX9.46 Billion | GBX96.84 Billion | GBX67.81 Billion | GBX58.35 Billion | ▼ -6.4 pp |
| 2015 | 16.1% | GBX15.88 Billion | GBX98.39 Billion | GBX70.60 Billion | GBX54.72 Billion | ▼ -4.9 pp |
| 2014 | 21.0% | GBX23.65 Billion | GBX112.64 Billion | GBX87.26 Billion | GBX63.62 Billion | ▲ +2.6 pp |
| 2013 | 18.4% | GBX24.03 Billion | GBX130.41 Billion | GBX96.84 Billion | GBX72.81 Billion | ▼ -9.5 pp |
| 2012 | 27.9% | GBX33.40 Billion | GBX119.62 Billion | GBX111.26 Billion | GBX77.86 Billion | ▲ +16.1 pp |
| 2011 | 11.8% | GBX13.27 Billion | GBX112.48 Billion | GBX95.68 Billion | GBX82.42 Billion | ▼ -1.7 pp |
| 2010 | 13.5% | GBX12.97 Billion | GBX95.89 Billion | GBX96.85 Billion | GBX83.88 Billion | ▲ +5.4 pp |
| 2009 | 8.2% | GBX8.33 Billion | GBX102.11 Billion | GBX67.65 Billion | GBX59.32 Billion | ▲ +11.9 pp |
| 2008 | -3.7% | GBX-3.41 Billion | GBX92.11 Billion | GBX66.38 Billion | GBX69.79 Billion | ▼ -6.8 pp |
| 2007 | 3.1% | GBX2.97 Billion | GBX94.65 Billion | GBX80.20 Billion | GBX77.23 Billion | ▲ +3.2 pp |
| 2006 | 0.0% | GBX-13.00 Million | GBX85.47 Billion | GBX75.34 Billion | GBX75.35 Billion | ▼ -4.7 pp |
| 2005 | 4.7% | GBX3.79 Billion | GBX80.77 Billion | GBX75.29 Billion | GBX71.50 Billion | ▲ +5.8 pp |
| 2004 | -1.1% | GBX-968.00 Million | GBX88.57 Billion | GBX61.44 Billion | GBX62.41 Billion | ▲ +2.7 pp |
| 2003 | -3.8% | GBX-2.93 Billion | GBX78.21 Billion | GBX47.65 Billion | GBX50.58 Billion | ▼ -2.0 pp |
| 2002 | -1.8% | GBX-767.13 Million | GBX43.51 Billion | GBX27.99 Billion | GBX28.76 Billion | ▲ +0.5 pp |
| 2001 | -2.3% | GBX-1.03 Billion | GBX45.18 Billion | GBX24.81 Billion | GBX25.84 Billion | ▼ -6.3 pp |
| 2000 | 4.0% | GBX2.97 Billion | GBX74.00 Billion | GBX40.12 Billion | GBX37.15 Billion | ▲ +3.6 pp |
| 1999 | 0.5% | GBX202.00 Million | GBX44.34 Billion | GBX23.48 Billion | GBX23.27 Billion | ▲ +2.6 pp |
| 1998 | -2.2% | GBX-940.00 Million | GBX42.86 Billion | GBX17.23 Billion | GBX18.17 Billion | ▲ +0.8 pp |
| 1997 | -3.0% | GBX-1.07 Billion | GBX35.93 Billion | GBX24.58 Billion | GBX25.66 Billion | ▼ -4.0 pp |
| 1996 | 1.0% | GBX135.00 Million | GBX12.90 Billion | GBX10.75 Billion | GBX10.62 Billion | ▲ +0.7 pp |
| 1995 | 0.4% | GBX42.00 Million | GBX11.92 Billion | GBX9.74 Billion | GBX9.70 Billion | ▼ -2.4 pp |
| 1994 | 2.8% | GBX308.00 Million | GBX11.17 Billion | GBX8.90 Billion | GBX8.59 Billion | ▲ +3.2 pp |
| 1993 | -0.5% | GBX-46.00 Million | GBX9.85 Billion | GBX8.31 Billion | GBX8.36 Billion | ▲ +6.4 pp |
| 1992 | -6.9% | GBX-676.00 Million | GBX9.86 Billion | GBX10.54 Billion | GBX11.21 Billion | ▼ -10.9 pp |
| 1991 | 4.1% | GBX444.00 Million | GBX10.95 Billion | GBX9.95 Billion | GBX9.50 Billion | ▼ -2.6 pp |
| 1990 | 6.6% | GBX746.00 Million | GBX11.24 Billion | GBX10.36 Billion | GBX9.61 Billion | ▲ +10.2 pp |
| 1989 | -3.6% | GBX-407.00 Million | GBX11.44 Billion | GBX9.16 Billion | GBX9.57 Billion | ▲ +3.8 pp |
| 1988 | -7.4% | GBX-892.00 Million | GBX12.13 Billion | GBX7.09 Billion | GBX7.98 Billion | ▼ -8.8 pp |
| 1987 | 1.5% | GBX165.00 Million | GBX11.27 Billion | GBX8.40 Billion | GBX8.23 Billion | ▼ -23.1 pp |
| 1986 | 24.5% | GBX3.27 Billion | GBX13.34 Billion | GBX10.49 Billion | GBX7.22 Billion | ▼ -0.3 pp |
| 1985 | 24.9% | GBX3.28 Billion | GBX13.19 Billion | GBX11.98 Billion | GBX8.71 Billion | — |