HSBC Holdings PLC (HSBA) — Working Capital to Net Assets Ratio
HSBC Holdings PLC (HSBA) has a Working Capital to Net Assets ratio of -692.2% as of June 2026. Working capital of GBX-1.36 Trillion (current assets of GBX633.96 Billion minus current liabilities of GBX2.00 Trillion) is measured against net assets of GBX197.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HSBA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HSBC Holdings PLC Working Capital to Net Assets (2012–2025)
This chart shows how HSBC Holdings PLC's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at -692.2%, reflecting working capital of GBX-1.36 Trillion against net assets of GBX197.08 Billion GBX. For the complete balance sheet picture, see HSBC Holdings PLC (HSBA) total assets.
Annual Working Capital to Net Assets for HSBC Holdings PLC (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HSBC Holdings PLC from 2012 to 2025, covering 14 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. Check how resilient are HSBC Holdings PLC's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 134.2% | GBX248.36 Billion | GBX185.02 Billion | GBX609.23 Billion | GBX360.87 Billion | ▲ +645.7 pp |
| 2024 | -511.4% | GBX-983.37 Billion | GBX192.27 Billion | GBX835.34 Billion | GBX1.82 Trillion | ▲ +247.6 pp |
| 2023 | -759.1% | GBX-1.46 Trillion | GBX192.61 Billion | GBX319.76 Billion | GBX1.78 Trillion | ▼ -122.4 pp |
| 2022 | -636.7% | GBX-1.18 Trillion | GBX185.20 Billion | GBX550.61 Billion | GBX1.73 Trillion | ▲ +84.7 pp |
| 2021 | -721.4% | GBX-1.49 Trillion | GBX206.78 Billion | GBX422.44 Billion | GBX1.91 Trillion | ▼ -871.8 pp |
| 2020 | 150.5% | GBX308.45 Billion | GBX205.00 Billion | GBX318.85 Billion | GBX10.41 Billion | ▲ +56.3 pp |
| 2019 | 94.1% | GBX181.33 Billion | GBX192.67 Billion | GBX193.14 Billion | GBX11.81 Billion | ▼ -3.4 pp |
| 2018 | 97.5% | GBX189.43 Billion | GBX194.25 Billion | GBX200.72 Billion | GBX11.30 Billion | ▲ +37.8 pp |
| 2017 | 59.7% | GBX118.13 Billion | GBX197.87 Billion | GBX218.06 Billion | GBX99.93 Billion | ▼ -48.3 pp |
| 2016 | 108.0% | GBX197.17 Billion | GBX182.58 Billion | GBX207.94 Billion | GBX10.77 Billion | ▲ +52.1 pp |
| 2015 | 55.9% | GBX110.49 Billion | GBX197.52 Billion | GBX121.62 Billion | GBX11.13 Billion | ▼ -22.5 pp |
| 2014 | 78.4% | GBX156.86 Billion | GBX199.98 Billion | GBX171.94 Billion | GBX15.07 Billion | ▼ -21.5 pp |
| 2013 | 100.0% | GBX190.37 Billion | GBX190.46 Billion | GBX206.56 Billion | GBX16.18 Billion | ▲ +6.2 pp |
| 2012 | 93.7% | GBX171.66 Billion | GBX183.13 Billion | GBX184.84 Billion | GBX13.18 Billion | — |