FirstGroup PLC (FGP) — Working Capital to Net Assets Ratio
FirstGroup PLC (FGP) has a Working Capital to Net Assets ratio of -78.0% as of September 2025. Working capital of GBX-499.10 Million (current assets of GBX1.17 Billion minus current liabilities of GBX1.67 Billion) is measured against net assets of GBX640.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FirstGroup PLC (FGP) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FirstGroup PLC Working Capital to Net Assets (1995–2025)
This chart shows how FirstGroup PLC's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of September 2025, the ratio stands at -78.0%, reflecting working capital of GBX-499.10 Million against net assets of GBX640.00 Million GBX. For the complete balance sheet picture, see FGP current and non-current assets.
Annual Working Capital to Net Assets for FirstGroup PLC (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for FirstGroup PLC from 1995 to 2025, covering 31 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. Check FirstGroup PLC liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -79.0% | GBX-562.80 Million | GBX712.50 Million | GBX1.29 Billion | GBX1.85 Billion | ▲ +17.8 pp |
| 2024 | -96.8% | GBX-621.10 Million | GBX641.70 Million | GBX1.38 Billion | GBX2.00 Billion | ▼ -63.0 pp |
| 2023 | -33.8% | GBX-253.90 Million | GBX750.80 Million | GBX1.75 Billion | GBX2.00 Billion | ▲ +23.6 pp |
| 2022 | -57.4% | GBX-508.30 Million | GBX885.10 Million | GBX1.57 Billion | GBX2.08 Billion | ▲ +11.8 pp |
| 2021 | -69.2% | GBX-798.40 Million | GBX1.15 Billion | GBX2.79 Billion | GBX3.59 Billion | ▼ -9.5 pp |
| 2020 | -59.6% | GBX-701.90 Million | GBX1.18 Billion | GBX2.22 Billion | GBX2.92 Billion | ▼ -60.4 pp |
| 2019 | 0.7% | GBX10.70 Million | GBX1.52 Billion | GBX1.95 Billion | GBX1.93 Billion | ▲ +20.8 pp |
| 2018 | -20.1% | GBX-300.30 Million | GBX1.49 Billion | GBX1.53 Billion | GBX1.83 Billion | ▼ -12.8 pp |
| 2017 | -7.4% | GBX-153.00 Million | GBX2.08 Billion | GBX1.26 Billion | GBX1.41 Billion | ▲ +7.3 pp |
| 2016 | -14.7% | GBX-239.30 Million | GBX1.63 Billion | GBX1.14 Billion | GBX1.38 Billion | ▼ -3.8 pp |
| 2015 | -10.8% | GBX-160.90 Million | GBX1.49 Billion | GBX1.22 Billion | GBX1.38 Billion | ▼ -4.4 pp |
| 2014 | -6.4% | GBX-78.40 Million | GBX1.22 Billion | GBX1.32 Billion | GBX1.40 Billion | ▲ +32.0 pp |
| 2013 | -38.4% | GBX-314.40 Million | GBX819.30 Million | GBX1.47 Billion | GBX1.79 Billion | ▼ -9.4 pp |
| 2012 | -29.0% | GBX-255.40 Million | GBX881.00 Million | GBX1.24 Billion | GBX1.50 Billion | ▲ +4.9 pp |
| 2011 | -33.9% | GBX-322.40 Million | GBX950.90 Million | GBX1.10 Billion | GBX1.43 Billion | ▼ -2.7 pp |
| 2010 | -31.2% | GBX-283.80 Million | GBX910.50 Million | GBX1.07 Billion | GBX1.35 Billion | ▲ +56.8 pp |
| 2009 | -87.9% | GBX-707.30 Million | GBX804.30 Million | GBX1.05 Billion | GBX1.76 Billion | ▼ -85.6 pp |
| 2008 | -2.3% | GBX-16.40 Million | GBX704.80 Million | GBX1.19 Billion | GBX1.21 Billion | ▼ -13.9 pp |
| 2007 | 11.5% | GBX70.00 Million | GBX607.30 Million | GBX861.40 Million | GBX791.40 Million | ▲ +23.0 pp |
| 2006 | -11.4% | GBX-38.00 Million | GBX331.90 Million | GBX615.80 Million | GBX653.80 Million | ▲ +14.4 pp |
| 2005 | -25.9% | GBX-58.10 Million | GBX224.50 Million | GBX562.90 Million | GBX621.00 Million | ▲ +0.3 pp |
| 2004 | -26.2% | GBX-92.90 Million | GBX355.00 Million | GBX555.00 Million | GBX647.90 Million | ▲ +2.5 pp |
| 2003 | -28.7% | GBX-115.50 Million | GBX402.80 Million | GBX456.00 Million | GBX571.50 Million | ▲ +1.7 pp |
| 2002 | -30.3% | GBX-127.40 Million | GBX420.00 Million | GBX410.40 Million | GBX537.80 Million | ▲ +22.2 pp |
| 2001 | -52.6% | GBX-210.60 Million | GBX400.70 Million | GBX381.20 Million | GBX591.80 Million | ▼ -8.3 pp |
| 2000 | -44.2% | GBX-153.10 Million | GBX346.00 Million | GBX379.30 Million | GBX532.40 Million | ▲ +270.1 pp |
| 1999 | -314.4% | GBX-168.50 Million | GBX53.60 Million | GBX266.00 Million | GBX434.50 Million | ▼ -1208.6 pp |
| 1998 | 894.3% | GBX-171.70 Million | GBX-19.20 Million | GBX272.50 Million | GBX444.20 Million | ▲ +1059.7 pp |
| 1997 | -165.4% | GBX-97.10 Million | GBX58.70 Million | GBX138.20 Million | GBX235.30 Million | ▼ -107.3 pp |
| 1996 | -58.1% | GBX-25.90 Million | GBX44.60 Million | GBX60.30 Million | GBX86.20 Million | ▼ -32.5 pp |
| 1995 | -25.6% | GBX-10.70 Million | GBX41.80 Million | GBX76.70 Million | GBX87.40 Million | — |