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. For the complete balance sheet picture, see ESCT total asset value.
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. Explore The European Smaller Companies Trust PLC capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Explore investment intensity of The European Smaller Companies Trust PLC to see how much of total assets are deployed in long-term investments.
| 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 | — |