Herald Investment Trust (HRI) — Working Capital to Net Assets Ratio
Herald Investment Trust (HRI) has a Working Capital to Net Assets ratio of 9.6% as of December 2025. Working capital of GBX123.97 Million (current assets of GBX125.48 Million minus current liabilities of GBX1.51 Million) is measured against net assets of GBX1.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Herald Investment Trust Working Capital to Net Assets (2006–2025)
This chart shows how Herald Investment Trust's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 9.6%, reflecting working capital of GBX123.97 Million against net assets of GBX1.29 Billion GBX. Explore long-term investment intensity of Herald Investment Trust to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Herald Investment Trust (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Herald Investment Trust from 2006 to 2025, covering 20 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 Herald Investment Trust (HRI) total assets.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.6% | GBX123.97 Million | GBX1.29 Billion | GBX125.48 Million | GBX1.51 Million | ▲ +7.9 pp |
| 2024 | 1.7% | GBX20.73 Million | GBX1.25 Billion | GBX21.89 Million | GBX1.17 Million | ▼ -2.0 pp |
| 2023 | 3.6% | GBX45.12 Million | GBX1.25 Billion | GBX46.31 Million | GBX1.19 Million | ▼ -2.5 pp |
| 2022 | 6.2% | GBX80.53 Million | GBX1.31 Billion | GBX81.75 Million | GBX1.22 Million | ▲ +1.8 pp |
| 2021 | 4.4% | GBX77.39 Million | GBX1.76 Billion | GBX78.92 Million | GBX1.53 Million | ▼ -0.4 pp |
| 2020 | 4.8% | GBX72.78 Million | GBX1.50 Billion | GBX74.39 Million | GBX1.60 Million | ▼ -3.1 pp |
| 2019 | 8.0% | GBX89.62 Million | GBX1.12 Billion | GBX90.84 Million | GBX1.22 Million | ▲ +0.3 pp |
| 2018 | 7.7% | GBX69.31 Million | GBX901.15 Million | GBX70.27 Million | GBX961.00K | ▲ +3.3 pp |
| 2017 | 4.3% | GBX42.08 Million | GBX967.62 Million | GBX43.55 Million | GBX1.48 Million | ▼ -8.8 pp |
| 2016 | 13.2% | GBX104.37 Million | GBX791.41 Million | GBX105.98 Million | GBX1.61 Million | ▲ +3.1 pp |
| 2015 | 10.1% | GBX67.77 Million | GBX671.14 Million | GBX70.77 Million | GBX3.00 Million | ▲ +5.1 pp |
| 2014 | 5.0% | GBX31.23 Million | GBX628.92 Million | GBX32.10 Million | GBX875.00K | ▲ +1.9 pp |
| 2013 | 3.1% | GBX19.16 Million | GBX623.60 Million | GBX19.56 Million | GBX401.00K | ▼ -2.8 pp |
| 2012 | 5.9% | GBX29.73 Million | GBX501.95 Million | GBX30.93 Million | GBX1.21 Million | ▲ +3.3 pp |
| 2011 | 2.6% | GBX11.61 Million | GBX449.30 Million | GBX31.97 Million | GBX20.36 Million | ▼ -4.1 pp |
| 2010 | 6.7% | GBX31.88 Million | GBX474.56 Million | GBX40.81 Million | GBX8.94 Million | ▲ +2.7 pp |
| 2009 | 4.1% | GBX13.85 Million | GBX340.90 Million | GBX20.14 Million | GBX6.30 Million | ▼ -4.6 pp |
| 2008 | 8.7% | GBX18.27 Million | GBX210.71 Million | GBX33.35 Million | GBX15.08 Million | ▲ +5.0 pp |
| 2007 | 3.7% | GBX12.66 Million | GBX343.50 Million | GBX12.99 Million | GBX330.00K | ▲ +5.3 pp |
| 2006 | -1.6% | GBX-6.12 Million | GBX381.23 Million | GBX14.55 Million | GBX20.67 Million | — |