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 -8.7% as of June 2026. Working capital of GBX-75.44 Million (current assets of GBX5.48 Million minus current liabilities of GBX80.92 Million) is measured against net assets of GBX862.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The European Smaller Companies Trust PLC Working Capital to Net Assets (2004–2026)
This chart shows how The European Smaller Companies Trust PLC's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of June 2026, the ratio stands at -8.7%, reflecting working capital of GBX-75.44 Million against net assets of GBX862.97 Million GBX. Explore how much of The European Smaller Companies Trust PLC's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for The European Smaller Companies Trust PLC (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for The European Smaller Companies Trust PLC from 2004 to 2026, 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 the complete balance sheet picture, see The European Smaller Companies Trust PLC assets under control.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -8.7% | GBX-75.44 Million | GBX862.97 Million | GBX5.48 Million | GBX80.92 Million | ▼ -8.9 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 | — |