BP PLC Working Capital to Net Assets Ratio
BP PLC working capital to net assets ratio. BP PLC (BP) has a Working Capital to Net Assets ratio of 33.9% as of June 2026. Working capital of GBX26.06 Billion (current assets of GBX121.92 Billion minus current liabilities of GBX95.86 Billion) is measured against net assets of GBX76.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check BP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of BP PLC (1985–2025)
Working capital to net assets ratio of BP PLC from 1985 to 2025. This chart shows how BP PLC's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 33.9%, reflecting working capital of GBX26.06 Billion against net assets of GBX76.82 Billion GBX. See BP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
BP PLC Working Capital to Net Assets Ratio by Year (1985–2025)
BP PLC working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for BP PLC 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 the complete balance sheet picture, see BP PLC asset portfolio.
| 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 | — |