Conduit Holdings Ltd (CRE) — Working Capital to Net Assets Ratio
Conduit Holdings Ltd (CRE) has a Working Capital to Net Assets ratio of 23.4% as of June 2024. Working capital of GBX245.60 Million (current assets of GBX260.20 Million minus current liabilities of GBX14.60 Million) is measured against net assets of GBX1.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Conduit Holdings Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Conduit Holdings Ltd Working Capital to Net Assets (2021–2023)
This chart shows how Conduit Holdings Ltd's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 23.4%, reflecting working capital of GBX245.60 Million against net assets of GBX1.05 Billion GBX. Check CRE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Conduit Holdings Ltd (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Conduit Holdings Ltd from 2021 to 2023, covering 3 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 CRE market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 21.5% | GBX211.80 Million | GBX987.40 Million | GBX199.80 Million | GBX-12.00 Million | ▲ +11.4 pp |
| 2022 | 10.0% | GBX81.70 Million | GBX814.40 Million | GBX112.90 Million | GBX31.20 Million | ▲ +3.9 pp |
| 2021 | 6.1% | GBX60.20 Million | GBX981.20 Million | GBX67.50 Million | GBX7.30 Million | — |