The European Smaller Companies Trust PLC (ESCT) — Working Capital to Net Assets Ratio
The European Smaller Companies Trust PLC (ESCT) has a Working Capital to Net Assets ratio of -5.4% as of December 2025. Working capital of GBX-45.40 Million (current assets of GBX4.71 Million minus current liabilities of GBX50.11 Million) is measured against net assets of GBX839.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See The European Smaller Companies Trust PLC net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The European Smaller Companies Trust PLC Working Capital to Net Assets (2004–2025)
This chart shows how The European Smaller Companies Trust PLC's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at -5.4%, reflecting working capital of GBX-45.40 Million against net assets of GBX839.62 Million GBX. Check The European Smaller Companies Trust PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for The European Smaller Companies Trust PLC (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for The European Smaller Companies Trust PLC from 2004 to 2025, covering 22 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 ESCT market cap overview.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.2% | GBX936.00K | GBX510.68 Million | GBX2.27 Million | GBX1.33 Million | ▼ -0.7 pp |
| 2024 | 0.9% | GBX7.27 Million | GBX798.59 Million | GBX7.82 Million | GBX545.00K | ▲ +1.3 pp |
| 2023 | -0.4% | GBX-3.09 Million | GBX738.64 Million | GBX7.33 Million | GBX10.41 Million | ▼ -0.7 pp |
| 2022 | 0.3% | GBX2.15 Million | GBX652.46 Million | GBX3.25 Million | GBX1.10 Million | ▲ +1.1 pp |
| 2021 | -0.8% | GBX-6.38 Million | GBX840.67 Million | GBX776.00K | GBX7.15 Million | ▼ -0.8 pp |
| 2020 | 0.1% | GBX299.00K | GBX523.37 Million | GBX4.51 Million | GBX4.21 Million | ▲ +0.5 pp |
| 2019 | -0.4% | GBX-2.09 Million | GBX521.02 Million | GBX4.63 Million | GBX6.72 Million | ▲ +0.3 pp |
| 2018 | -0.7% | GBX-4.05 Million | GBX574.59 Million | GBX1.07 Million | GBX5.12 Million | ▼ -0.2 pp |
| 2017 | -0.5% | GBX-2.59 Million | GBX569.46 Million | GBX3.77 Million | GBX6.36 Million | ▲ +0.1 pp |
| 2016 | -0.6% | GBX-2.17 Million | GBX377.68 Million | GBX1.51 Million | GBX3.69 Million | ▼ -0.1 pp |
| 2015 | -0.5% | GBX-1.61 Million | GBX337.64 Million | GBX2.52 Million | GBX4.12 Million | ▼ -0.1 pp |
| 2014 | -0.4% | GBX-1.15 Million | GBX325.68 Million | GBX4.99 Million | GBX6.14 Million | ▼ -1.6 pp |
| 2013 | 1.3% | GBX3.11 Million | GBX246.12 Million | GBX7.19 Million | GBX4.08 Million | ▲ +0.6 pp |
| 2012 | 0.7% | GBX1.24 Million | GBX185.01 Million | GBX2.03 Million | GBX790.00K | ▼ -0.2 pp |
| 2011 | 0.9% | GBX2.37 Million | GBX264.41 Million | GBX2.93 Million | GBX557.00K | ▼ -4.4 pp |
| 2010 | 5.3% | GBX10.64 Million | GBX199.48 Million | GBX11.61 Million | GBX971.00K | ▼ -7.6 pp |
| 2009 | 13.0% | GBX27.91 Million | GBX215.40 Million | GBX32.00 Million | GBX4.09 Million | ▲ +12.0 pp |
| 2008 | 1.0% | GBX3.25 Million | GBX331.85 Million | GBX6.46 Million | GBX3.22 Million | ▼ -1.2 pp |
| 2007 | 2.1% | GBX9.84 Million | GBX460.08 Million | GBX13.05 Million | GBX3.21 Million | ▲ +3.0 pp |
| 2006 | -0.9% | GBX-3.16 Million | GBX365.43 Million | GBX7.51 Million | GBX10.67 Million | ▲ +2.6 pp |
| 2005 | -3.5% | GBX-10.29 Million | GBX294.87 Million | GBX2.88 Million | GBX13.17 Million | ▼ -3.2 pp |
| 2004 | -0.3% | GBX-1.13 Million | GBX339.99 Million | GBX3.93 Million | GBX5.06 Million | — |