ConvaTec Group PLC (CTEC) — Working Capital to Net Assets Ratio
ConvaTec Group PLC (CTEC) has a Working Capital to Net Assets ratio of 25.1% as of June 2025. Working capital of GBX455.20 Million (current assets of GBX934.00 Million minus current liabilities of GBX478.80 Million) is measured against net assets of GBX1.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of ConvaTec Group PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ConvaTec Group PLC Working Capital to Net Assets (2013–2024)
This chart shows how ConvaTec Group PLC's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 25.1%, reflecting working capital of GBX455.20 Million against net assets of GBX1.81 Billion GBX. See ConvaTec Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for ConvaTec Group PLC (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for ConvaTec Group PLC from 2013 to 2024, covering 12 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 market value of ConvaTec Group PLC.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 16.6% | GBX281.00 Million | GBX1.69 Billion | GBX793.30 Million | GBX512.30 Million | ▼ -3.1 pp |
| 2023 | 19.7% | GBX333.60 Million | GBX1.69 Billion | GBX870.00 Million | GBX536.40 Million | ▼ -2.4 pp |
| 2022 | 22.1% | GBX356.20 Million | GBX1.61 Billion | GBX889.30 Million | GBX533.10 Million | ▼ -9.8 pp |
| 2021 | 32.0% | GBX541.60 Million | GBX1.69 Billion | GBX1.11 Billion | GBX569.20 Million | ▼ -7.9 pp |
| 2020 | 39.8% | GBX665.30 Million | GBX1.67 Billion | GBX1.18 Billion | GBX513.20 Million | ▲ +3.2 pp |
| 2019 | 36.6% | GBX571.00 Million | GBX1.56 Billion | GBX968.30 Million | GBX397.30 Million | ▲ +1.2 pp |
| 2018 | 35.4% | GBX572.30 Million | GBX1.62 Billion | GBX903.20 Million | GBX330.90 Million | ▲ +0.2 pp |
| 2017 | 35.2% | GBX536.60 Million | GBX1.52 Billion | GBX875.10 Million | GBX338.50 Million | ▼ -2.6 pp |
| 2016 | 37.8% | GBX470.80 Million | GBX1.25 Billion | GBX770.80 Million | GBX300.00 Million | ▲ +253.3 pp |
| 2015 | -215.5% | GBX471.60 Million | GBX-218.80 Million | GBX757.20 Million | GBX285.60 Million | ▼ -196.0 pp |
| 2014 | -19.5% | GBX424.50 Million | GBX-2.17 Billion | GBX769.40 Million | GBX344.90 Million | ▲ +4.3 pp |
| 2013 | -23.8% | GBX508.30 Million | GBX-2.13 Billion | GBX895.30 Million | GBX387.00 Million | — |