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 FGP net asset quality index to measure how much of total assets are equity-financed.
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. Check FGP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see how much is FirstGroup PLC worth.
| 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 | — |