HSBC Holdings PLC (HSBA) — Working Capital to Net Assets Ratio
HSBC Holdings PLC (HSBA) has a Working Capital to Net Assets ratio of -813.9% as of June 2025. Working capital of GBX-1.63 Trillion (current assets of GBX246.36 Billion minus current liabilities of GBX1.87 Trillion) is measured against net assets of GBX199.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of HSBC Holdings PLC to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HSBC Holdings PLC Working Capital to Net Assets (2012–2024)
This chart shows how HSBC Holdings PLC's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at -813.9%, reflecting working capital of GBX-1.63 Trillion against net assets of GBX199.87 Billion GBX. Check tangible equity quality of HSBC Holdings PLC to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for HSBC Holdings PLC (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for HSBC Holdings PLC from 2012 to 2024, covering 13 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 HSBC Holdings PLC market cap and net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -511.4% | GBX-983.37 Billion | GBX192.27 Billion | GBX835.34 Billion | GBX1.82 Trillion | ▼ -676.0 pp |
| 2023 | 164.6% | GBX316.99 Billion | GBX192.61 Billion | GBX319.76 Billion | GBX2.78 Billion | ▼ -23.3 pp |
| 2022 | 187.9% | GBX347.98 Billion | GBX185.20 Billion | GBX360.33 Billion | GBX12.35 Billion | ▼ -11.3 pp |
| 2021 | 199.2% | GBX411.97 Billion | GBX206.78 Billion | GBX422.44 Billion | GBX10.47 Billion | ▲ +48.8 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 | — |