Drax Group PLC (DRX) — Working Capital to Net Assets Ratio
Drax Group PLC (DRX) has a Working Capital to Net Assets ratio of 1.6% as of June 2025. Working capital of GBX32.00 Million (current assets of GBX1.91 Billion minus current liabilities of GBX1.87 Billion) is measured against net assets of GBX1.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Drax Group PLC (DRX) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Drax Group PLC Working Capital to Net Assets (2002–2024)
This chart shows how Drax Group PLC's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 1.6%, reflecting working capital of GBX32.00 Million against net assets of GBX1.99 Billion GBX. Check tangible equity quality of Drax Group PLC to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Drax Group PLC (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Drax Group PLC from 2002 to 2024, covering 23 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 DRX market cap overview.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 14.8% | GBX308.90 Million | GBX2.09 Billion | GBX1.84 Billion | GBX1.53 Billion | ▲ +1.8 pp |
| 2023 | 13.0% | GBX257.70 Million | GBX1.98 Billion | GBX2.35 Billion | GBX2.09 Billion | ▼ -1.3 pp |
| 2022 | 14.3% | GBX189.60 Million | GBX1.32 Billion | GBX2.80 Billion | GBX2.61 Billion | ▲ +5.5 pp |
| 2021 | 8.8% | GBX115.50 Million | GBX1.31 Billion | GBX2.35 Billion | GBX2.23 Billion | ▼ -13.9 pp |
| 2020 | 22.7% | GBX304.70 Million | GBX1.34 Billion | GBX1.61 Billion | GBX1.31 Billion | ▲ +1.7 pp |
| 2019 | 21.1% | GBX361.50 Million | GBX1.72 Billion | GBX1.66 Billion | GBX1.30 Billion | ▲ +38.6 pp |
| 2018 | -17.5% | GBX-310.10 Million | GBX1.77 Billion | GBX1.41 Billion | GBX1.72 Billion | ▼ -39.3 pp |
| 2017 | 21.8% | GBX374.40 Million | GBX1.72 Billion | GBX1.24 Billion | GBX864.70 Million | ▼ -6.9 pp |
| 2016 | 28.7% | GBX586.50 Million | GBX2.05 Billion | GBX1.47 Billion | GBX884.90 Million | ▼ -3.5 pp |
| 2015 | 32.2% | GBX516.00 Million | GBX1.60 Billion | GBX1.28 Billion | GBX762.60 Million | ▼ -3.1 pp |
| 2014 | 35.3% | GBX554.70 Million | GBX1.57 Billion | GBX1.16 Billion | GBX601.00 Million | ▲ +5.6 pp |
| 2013 | 29.7% | GBX418.50 Million | GBX1.41 Billion | GBX899.10 Million | GBX480.60 Million | ▼ -0.7 pp |
| 2012 | 30.4% | GBX449.20 Million | GBX1.48 Billion | GBX840.40 Million | GBX391.20 Million | ▲ +2.5 pp |
| 2011 | 27.9% | GBX363.10 Million | GBX1.30 Billion | GBX792.40 Million | GBX429.30 Million | ▲ +18.3 pp |
| 2010 | 9.6% | GBX92.00 Million | GBX958.00 Million | GBX826.30 Million | GBX734.30 Million | ▼ -13.1 pp |
| 2009 | 22.7% | GBX232.70 Million | GBX1.02 Billion | GBX859.00 Million | GBX626.30 Million | ▼ -1.8 pp |
| 2008 | 24.5% | GBX169.70 Million | GBX693.30 Million | GBX866.10 Million | GBX696.40 Million | ▲ +26.5 pp |
| 2007 | -2.0% | GBX-7.40 Million | GBX361.00 Million | GBX312.60 Million | GBX320.00 Million | ▼ -61.7 pp |
| 2006 | 59.6% | GBX403.70 Million | GBX677.10 Million | GBX660.30 Million | GBX256.60 Million | ▲ +99.7 pp |
| 2005 | -40.1% | GBX-88.20 Million | GBX220.20 Million | GBX367.50 Million | GBX455.70 Million | ▼ -59.3 pp |
| 2004 | 19.3% | GBX-83.70 Million | GBX-434.10 Million | GBX190.40 Million | GBX274.10 Million | ▲ +47.8 pp |
| 2003 | -28.5% | GBX120.80 Million | GBX-423.80 Million | GBX184.00 Million | GBX63.20 Million | ▼ -471.3 pp |
| 2002 | 442.8% | GBX-996.80 Million | GBX-225.10 Million | GBX255.10 Million | GBX1.25 Billion | — |