Glencore PLC (GLEN) — Working Capital to Net Assets Ratio
Glencore PLC (GLEN) has a Working Capital to Net Assets ratio of 23.7% as of June 2025. Working capital of GBX7.78 Billion (current assets of GBX60.38 Billion minus current liabilities of GBX52.59 Billion) is measured against net assets of GBX32.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Glencore PLC (GLEN) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Glencore PLC Working Capital to Net Assets (2008–2024)
This chart shows how Glencore PLC's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 23.7%, reflecting working capital of GBX7.78 Billion against net assets of GBX32.79 Billion GBX. Check GLEN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Glencore PLC (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Glencore PLC from 2008 to 2024, covering 17 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 GLEN company net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.5% | GBX9.80 Billion | GBX35.66 Billion | GBX59.51 Billion | GBX49.71 Billion | ▼ -10.6 pp |
| 2023 | 38.1% | GBX14.56 Billion | GBX38.24 Billion | GBX64.04 Billion | GBX49.48 Billion | ▲ +3.1 pp |
| 2022 | 34.9% | GBX15.80 Billion | GBX45.22 Billion | GBX69.22 Billion | GBX53.42 Billion | ▲ +12.4 pp |
| 2021 | 22.5% | GBX8.32 Billion | GBX36.92 Billion | GBX57.78 Billion | GBX49.46 Billion | ▲ +11.6 pp |
| 2020 | 11.0% | GBX3.77 Billion | GBX34.40 Billion | GBX43.21 Billion | GBX39.44 Billion | ▲ +4.9 pp |
| 2019 | 6.1% | GBX2.39 Billion | GBX39.24 Billion | GBX41.84 Billion | GBX39.45 Billion | ▼ -2.5 pp |
| 2018 | 8.6% | GBX3.90 Billion | GBX45.38 Billion | GBX44.27 Billion | GBX40.37 Billion | ▼ -2.2 pp |
| 2017 | 10.7% | GBX5.31 Billion | GBX49.45 Billion | GBX49.73 Billion | GBX44.41 Billion | ▲ +10.6 pp |
| 2016 | 0.1% | GBX45.00 Million | GBX43.78 Billion | GBX43.41 Billion | GBX43.37 Billion | ▼ -3.1 pp |
| 2015 | 3.2% | GBX1.33 Billion | GBX41.34 Billion | GBX42.20 Billion | GBX40.87 Billion | ▼ -14.8 pp |
| 2014 | 18.0% | GBX9.27 Billion | GBX51.48 Billion | GBX53.22 Billion | GBX43.95 Billion | ▼ -5.5 pp |
| 2013 | 23.5% | GBX12.50 Billion | GBX53.15 Billion | GBX58.54 Billion | GBX46.04 Billion | ▲ +3.4 pp |
| 2012 | 20.1% | GBX6.91 Billion | GBX34.30 Billion | GBX54.06 Billion | GBX47.15 Billion | ▼ -23.9 pp |
| 2011 | 44.1% | GBX14.25 Billion | GBX32.33 Billion | GBX45.73 Billion | GBX31.48 Billion | ▲ +10.9 pp |
| 2010 | 33.1% | GBX7.46 Billion | GBX22.51 Billion | GBX44.30 Billion | GBX36.84 Billion | ▼ -12.2 pp |
| 2009 | 45.4% | GBX8.14 Billion | GBX17.94 Billion | GBX38.73 Billion | GBX30.58 Billion | ▲ +9.8 pp |
| 2008 | 35.6% | GBX5.80 Billion | GBX16.31 Billion | GBX36.51 Billion | GBX30.71 Billion | — |