Develop North PLC (DVNO) — Working Capital to Net Assets Ratio
Develop North PLC (DVNO) has a Working Capital to Net Assets ratio of -12.1% as of May 2026. Working capital of GBX-2.36 Million (current assets of GBX1.64 Million minus current liabilities of GBX4.00 Million) is measured against net assets of GBX19.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DVNO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Develop North PLC Working Capital to Net Assets (2017–2025)
This chart shows how Develop North PLC's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of May 2026, the ratio stands at -12.1%, reflecting working capital of GBX-2.36 Million against net assets of GBX19.47 Million GBX. For the complete balance sheet picture, see DVNO total assets.
Annual Working Capital to Net Assets for Develop North PLC (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Develop North PLC from 2017 to 2025, covering 9 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. Check DVNO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -31.4% | GBX-6.07 Million | GBX19.35 Million | GBX707.00K | GBX6.78 Million | ▼ -36.0 pp |
| 2024 | 4.6% | GBX914.00K | GBX19.94 Million | GBX3.01 Million | GBX2.10 Million | ▼ -0.1 pp |
| 2023 | 4.7% | GBX963.00K | GBX20.70 Million | GBX1.15 Million | GBX191.00K | ▲ +2.3 pp |
| 2022 | 2.4% | GBX529.00K | GBX22.13 Million | GBX638.00K | GBX109.00K | ▼ -63.9 pp |
| 2021 | 66.3% | GBX14.97 Million | GBX22.58 Million | GBX15.10 Million | GBX135.00K | ▲ +35.7 pp |
| 2020 | 30.6% | GBX6.92 Million | GBX22.60 Million | GBX7.05 Million | GBX131.00K | ▲ +26.2 pp |
| 2019 | 4.4% | GBX1.00 Million | GBX22.65 Million | GBX1.10 Million | GBX98.00K | ▲ +1.0 pp |
| 2018 | 3.4% | GBX868.00K | GBX25.41 Million | GBX1.07 Million | GBX203.00K | ▲ +1.1 pp |
| 2017 | 2.3% | GBX521.00K | GBX22.27 Million | GBX604.00K | GBX83.00K | — |