GSK plc (GSK) — Working Capital to Net Assets Ratio
GSK plc (GSK) has a Working Capital to Net Assets ratio of -23.1% as of June 2026. Working capital of GBX-3.98 Billion (current assets of GBX17.56 Billion minus current liabilities of GBX21.53 Billion) is measured against net assets of GBX17.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GSK plc Working Capital to Net Assets (1986–2025)
This chart shows how GSK plc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2025. As of June 2026, the ratio stands at -23.1%, reflecting working capital of GBX-3.98 Billion against net assets of GBX17.18 Billion GBX. Explore GSK plc long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for GSK plc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GSK plc from 1986 to 2025, covering 41 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 the complete balance sheet picture, see balance sheet size of GSK plc.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -24.3% | GBX-3.88 Billion | GBX15.96 Billion | GBX17.51 Billion | GBX21.39 Billion | ▲ +11.6 pp |
| 2024 | -35.9% | GBX-4.70 Billion | GBX13.09 Billion | GBX17.00 Billion | GBX21.70 Billion | ▼ -17.0 pp |
| 2023 | -18.9% | GBX-2.42 Billion | GBX12.79 Billion | GBX18.64 Billion | GBX21.07 Billion | ▲ +1.3 pp |
| 2022 | -20.2% | GBX-2.04 Billion | GBX10.10 Billion | GBX20.77 Billion | GBX22.81 Billion | ▲ +3.2 pp |
| 2021 | -23.4% | GBX-5.00 Billion | GBX21.34 Billion | GBX18.67 Billion | GBX23.67 Billion | ▼ -14.3 pp |
| 2020 | -9.1% | GBX-1.90 Billion | GBX20.81 Billion | GBX20.25 Billion | GBX22.15 Billion | ▲ +15.7 pp |
| 2019 | -24.8% | GBX-4.56 Billion | GBX18.36 Billion | GBX19.49 Billion | GBX24.05 Billion | ▲ +126.7 pp |
| 2018 | -151.5% | GBX-5.56 Billion | GBX3.67 Billion | GBX16.93 Billion | GBX22.49 Billion | ▲ +154.1 pp |
| 2017 | -305.6% | GBX-10.66 Billion | GBX3.49 Billion | GBX15.91 Billion | GBX26.57 Billion | ▼ -259.4 pp |
| 2016 | -46.1% | GBX-2.29 Billion | GBX4.96 Billion | GBX16.71 Billion | GBX19.00 Billion | ▼ -81.8 pp |
| 2015 | 35.7% | GBX3.17 Billion | GBX8.88 Billion | GBX16.59 Billion | GBX13.42 Billion | ▲ +7.7 pp |
| 2014 | 28.0% | GBX1.38 Billion | GBX4.94 Billion | GBX14.68 Billion | GBX13.29 Billion | ▲ +8.2 pp |
| 2013 | 19.8% | GBX1.55 Billion | GBX7.81 Billion | GBX15.23 Billion | GBX13.68 Billion | ▲ +21.7 pp |
| 2012 | -1.8% | GBX-123.00 Million | GBX6.74 Billion | GBX13.69 Billion | GBX13.81 Billion | ▼ -14.9 pp |
| 2011 | 13.1% | GBX1.16 Billion | GBX8.83 Billion | GBX16.17 Billion | GBX15.01 Billion | ▼ -20.2 pp |
| 2010 | 33.3% | GBX3.24 Billion | GBX9.74 Billion | GBX16.04 Billion | GBX12.79 Billion | ▼ -17.5 pp |
| 2009 | 50.8% | GBX5.45 Billion | GBX10.74 Billion | GBX17.57 Billion | GBX12.12 Billion | ▼ -36.4 pp |
| 2008 | 87.2% | GBX7.25 Billion | GBX8.32 Billion | GBX17.27 Billion | GBX10.02 Billion | ▲ +54.1 pp |
| 2007 | 33.1% | GBX3.28 Billion | GBX9.92 Billion | GBX13.64 Billion | GBX10.36 Billion | ▼ -5.5 pp |
| 2006 | 38.6% | GBX3.73 Billion | GBX9.64 Billion | GBX10.99 Billion | GBX7.26 Billion | ▼ -9.8 pp |
| 2005 | 48.4% | GBX3.66 Billion | GBX7.57 Billion | GBX13.17 Billion | GBX9.51 Billion | ▲ +12.4 pp |
| 2004 | 36.0% | GBX2.21 Billion | GBX6.15 Billion | GBX10.62 Billion | GBX8.41 Billion | ▼ -11.6 pp |
| 2003 | 47.6% | GBX4.02 Billion | GBX8.45 Billion | GBX12.61 Billion | GBX8.59 Billion | ▲ +21.3 pp |
| 2002 | 26.3% | GBX1.94 Billion | GBX7.39 Billion | GBX10.75 Billion | GBX8.81 Billion | ▲ +19.5 pp |
| 2001 | 6.8% | GBX568.48 Million | GBX8.40 Billion | GBX10.02 Billion | GBX9.45 Billion | ▼ -17.6 pp |
| 2000 | 24.4% | GBX2.18 Billion | GBX8.96 Billion | GBX11.27 Billion | GBX9.08 Billion | ▼ -1.2 pp |
| 1999 | 25.6% | GBX817.00 Million | GBX3.19 Billion | GBX6.08 Billion | GBX5.26 Billion | ▼ -23.7 pp |
| 1998 | 49.3% | GBX1.36 Billion | GBX2.77 Billion | GBX5.51 Billion | GBX4.14 Billion | ▲ +0.8 pp |
| 1997 | 48.5% | GBX916.00 Million | GBX1.89 Billion | GBX4.80 Billion | GBX3.89 Billion | ▲ +31.6 pp |
| 1996 | 16.9% | GBX214.00 Million | GBX1.27 Billion | GBX4.37 Billion | GBX4.15 Billion | ▲ +553.5 pp |
| 1995 | -536.7% | GBX-1.19 Billion | GBX221.00 Million | GBX4.28 Billion | GBX5.47 Billion | ▼ -635.4 pp |
| 1995 | 98.8% | GBX567.72 Million | GBX574.69 Million | GBX3.74 Billion | GBX3.17 Billion | ▲ +49.9 pp |
| 1994 | 48.9% | GBX2.52 Billion | GBX5.15 Billion | GBX4.65 Billion | GBX2.13 Billion | ▲ +0.8 pp |
| 1993 | 48.1% | GBX2.24 Billion | GBX4.66 Billion | GBX4.44 Billion | GBX2.20 Billion | ▲ +0.2 pp |
| 1992 | 47.8% | GBX1.74 Billion | GBX3.64 Billion | GBX3.31 Billion | GBX1.57 Billion | ▼ -1.2 pp |
| 1991 | 49.0% | GBX1.61 Billion | GBX3.28 Billion | GBX3.63 Billion | GBX2.03 Billion | ▼ -3.0 pp |
| 1990 | 52.0% | GBX1.46 Billion | GBX2.81 Billion | GBX2.86 Billion | GBX1.41 Billion | ▼ -9.4 pp |
| 1989 | 61.3% | GBX1.42 Billion | GBX2.31 Billion | GBX2.28 Billion | GBX863.00 Million | ▼ -0.5 pp |
| 1988 | 61.9% | GBX1.12 Billion | GBX1.80 Billion | GBX1.99 Billion | GBX869.00 Million | ▼ -2.7 pp |
| 1987 | 64.6% | GBX946.00 Million | GBX1.46 Billion | GBX1.66 Billion | GBX711.00 Million | ▲ +4.4 pp |
| 1986 | 60.2% | GBX662.00 Million | GBX1.10 Billion | GBX1.22 Billion | GBX559.00 Million | — |