Fresnillo PLC (FRES) — Working Capital to Net Assets Ratio
Fresnillo PLC (FRES) has a Working Capital to Net Assets ratio of 61.5% as of December 2025. Working capital of GBX3.12 Billion (current assets of GBX4.05 Billion minus current liabilities of GBX933.05 Million) is measured against net assets of GBX5.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Fresnillo PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fresnillo PLC Working Capital to Net Assets (2005–2025)
This chart shows how Fresnillo PLC's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 61.5%, reflecting working capital of GBX3.12 Billion against net assets of GBX5.08 Billion GBX. See FRES defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Fresnillo PLC (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fresnillo PLC from 2005 to 2025, covering 21 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 Fresnillo PLC stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.5% | GBX3.12 Billion | GBX5.08 Billion | GBX4.05 Billion | GBX933.05 Million | ▲ +12.2 pp |
| 2024 | 49.3% | GBX2.07 Billion | GBX4.21 Billion | GBX2.44 Billion | GBX368.58 Million | ▲ +20.6 pp |
| 2023 | 28.7% | GBX1.17 Billion | GBX4.07 Billion | GBX1.54 Billion | GBX372.02 Million | ▼ -3.3 pp |
| 2022 | 32.0% | GBX1.25 Billion | GBX3.92 Billion | GBX1.94 Billion | GBX687.93 Million | ▼ -10.6 pp |
| 2021 | 42.6% | GBX1.62 Billion | GBX3.80 Billion | GBX2.09 Billion | GBX468.90 Million | ▼ -3.4 pp |
| 2020 | 46.0% | GBX1.66 Billion | GBX3.61 Billion | GBX2.00 Billion | GBX339.83 Million | ▲ +16.5 pp |
| 2019 | 29.5% | GBX966.91 Million | GBX3.28 Billion | GBX1.15 Billion | GBX180.08 Million | ▼ -7.0 pp |
| 2018 | 36.5% | GBX1.14 Billion | GBX3.13 Billion | GBX1.30 Billion | GBX160.60 Million | ▼ -6.6 pp |
| 2017 | 43.1% | GBX1.32 Billion | GBX3.07 Billion | GBX1.49 Billion | GBX172.43 Million | ▼ -3.7 pp |
| 2016 | 46.8% | GBX1.27 Billion | GBX2.72 Billion | GBX1.42 Billion | GBX154.12 Million | ▲ +1.6 pp |
| 2015 | 45.2% | GBX1.07 Billion | GBX2.37 Billion | GBX1.18 Billion | GBX103.32 Million | ▲ +0.1 pp |
| 2014 | 45.1% | GBX1.04 Billion | GBX2.30 Billion | GBX1.18 Billion | GBX139.76 Million | ▼ -15.9 pp |
| 2013 | 61.0% | GBX1.63 Billion | GBX2.67 Billion | GBX1.77 Billion | GBX144.11 Million | ▲ +23.6 pp |
| 2012 | 37.4% | GBX972.42 Million | GBX2.60 Billion | GBX1.15 Billion | GBX177.24 Million | ▼ -0.3 pp |
| 2011 | 37.7% | GBX809.40 Million | GBX2.15 Billion | GBX1.10 Billion | GBX291.32 Million | ▼ -2.2 pp |
| 2010 | 39.9% | GBX765.31 Million | GBX1.92 Billion | GBX930.35 Million | GBX165.04 Million | ▲ +5.6 pp |
| 2009 | 34.2% | GBX446.10 Million | GBX1.30 Billion | GBX520.27 Million | GBX74.17 Million | ▲ +6.2 pp |
| 2008 | 28.0% | GBX278.10 Million | GBX993.39 Million | GBX367.72 Million | GBX89.62 Million | ▲ +66.0 pp |
| 2007 | -38.0% | GBX-160.84 Million | GBX423.04 Million | GBX346.51 Million | GBX507.35 Million | ▼ -85.3 pp |
| 2006 | 47.2% | GBX336.17 Million | GBX711.64 Million | GBX754.13 Million | GBX417.97 Million | ▲ +7.0 pp |
| 2005 | 40.2% | GBX196.95 Million | GBX489.86 Million | GBX551.14 Million | GBX354.19 Million | — |