Develop North PLC (DVNO) — Working Capital to Net Assets Ratio
Develop North PLC (DVNO) has a Working Capital to Net Assets ratio of 0.5% as of May 2024. Working capital of GBX101.00K (current assets of GBX239.00K minus current liabilities of GBX138.00K) is measured against net assets of GBX19.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See DVNO net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Develop North PLC Working Capital to Net Assets (2017–2023)
This chart shows how Develop North PLC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2017 to 2023. As of May 2024, the ratio stands at 0.5%, reflecting working capital of GBX101.00K against net assets of GBX19.87 Million GBX. Check how tangible is Develop North PLC's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Develop North PLC (2017–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Develop North PLC from 2017 to 2023, covering 7 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 cap of Develop North PLC.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |