Develop North PLC Working Capital to Net Assets Ratio
Develop North PLC 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. Check how tangible is Develop North PLC's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Develop North PLC (2017–2025)
Working capital to net assets ratio of Develop North PLC from 2017 to 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. See DVNO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Develop North PLC Working Capital to Net Assets Ratio by Year (2017–2025)
Develop North PLC working capital to net assets ratio by year from 2017 to 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. For the complete balance sheet picture, see Develop North PLC assets under control.
| 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 | — |