Hiscox Ltd (HSX) — Working Capital to Net Assets Ratio
Hiscox Ltd (HSX) has a Working Capital to Net Assets ratio of 22.8% as of June 2024. Working capital of GBX766.70 Million (current assets of GBX1.11 Billion minus current liabilities of GBX343.10 Million) is measured against net assets of GBX3.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hiscox Ltd (HSX) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hiscox Ltd Working Capital to Net Assets (2006–2023)
This chart shows how Hiscox Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 22.8%, reflecting working capital of GBX766.70 Million against net assets of GBX3.37 Billion GBX. See HSX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hiscox Ltd (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hiscox Ltd from 2006 to 2023, covering 18 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 Hiscox Ltd (HSX) market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 44.4% | GBX1.47 Billion | GBX3.30 Billion | GBX1.47 Billion | GBX7.40 Million | ▲ +46.4 pp |
| 2022 | -2.0% | GBX-47.50 Million | GBX2.42 Billion | GBX1.40 Billion | GBX1.44 Billion | ▲ +9.3 pp |
| 2021 | -11.3% | GBX-286.80 Million | GBX2.54 Billion | GBX1.35 Billion | GBX1.64 Billion | ▼ -24.1 pp |
| 2020 | 12.8% | GBX302.00 Million | GBX2.35 Billion | GBX1.64 Billion | GBX1.34 Billion | ▲ +24.1 pp |
| 2019 | -11.2% | GBX-245.80 Million | GBX2.19 Billion | GBX1.18 Billion | GBX1.42 Billion | ▼ -22.5 pp |
| 2018 | 11.3% | GBX260.97 Million | GBX2.32 Billion | GBX1.34 Billion | GBX1.08 Billion | ▲ +1.0 pp |
| 2017 | 10.3% | GBX244.20 Million | GBX2.37 Billion | GBX925.83 Million | GBX681.62 Million | ▼ -7.3 pp |
| 2016 | 17.6% | GBX395.14 Million | GBX2.24 Billion | GBX908.36 Million | GBX513.23 Million | ▼ -15.7 pp |
| 2015 | 33.3% | GBX753.76 Million | GBX2.26 Billion | GBX1.15 Billion | GBX393.82 Million | ▲ +8.0 pp |
| 2014 | 25.3% | GBX573.12 Million | GBX2.26 Billion | GBX1.03 Billion | GBX452.08 Million | ▼ -4.5 pp |
| 2013 | 29.9% | GBX694.02 Million | GBX2.32 Billion | GBX973.78 Million | GBX279.76 Million | ▲ +16.5 pp |
| 2012 | 13.4% | GBX936.00 Million | GBX7.00 Billion | GBX1.07 Billion | GBX132.93 Million | ▼ -11.6 pp |
| 2011 | 25.0% | GBX487.80 Million | GBX1.95 Billion | GBX840.01 Million | GBX352.21 Million | ▲ +16.7 pp |
| 2010 | 8.3% | GBX162.33 Million | GBX1.95 Billion | GBX549.06 Million | GBX386.74 Million | ▲ +2.8 pp |
| 2009 | 5.5% | GBX99.89 Million | GBX1.81 Billion | GBX456.56 Million | GBX356.67 Million | ▼ -21.2 pp |
| 2008 | 26.7% | GBX371.48 Million | GBX1.39 Billion | GBX686.65 Million | GBX315.17 Million | ▼ -9.3 pp |
| 2007 | 35.9% | GBX587.62 Million | GBX1.63 Billion | GBX885.70 Million | GBX298.08 Million | ▼ -21.4 pp |
| 2006 | 57.4% | GBX766.57 Million | GBX1.34 Billion | GBX1.09 Billion | GBX325.86 Million | — |