Imperial Brands PLC Working Capital to Net Assets Ratio
Imperial Brands PLC working capital to net assets ratio. Imperial Brands PLC (IMB) has a Working Capital to Net Assets ratio of -78.4% as of March 2026. Working capital of GBX-3.61 Billion (current assets of GBX8.34 Billion minus current liabilities of GBX11.95 Billion) is measured against net assets of GBX4.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Imperial Brands PLC (1991–2025)
Working capital to net assets ratio of Imperial Brands PLC from 1991 to 2025. This chart shows how Imperial Brands PLC's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of March 2026, the ratio stands at -78.4%, reflecting working capital of GBX-3.61 Billion against net assets of GBX4.61 Billion GBX. Explore Imperial Brands PLC strategic investment ratio to see how much of total assets are deployed in long-term investments.
Imperial Brands PLC Working Capital to Net Assets Ratio by Year (1991–2025)
Imperial Brands PLC working capital to net assets ratio by year from 1991 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Imperial Brands PLC from 1991 to 2025, covering 35 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 IMB total asset value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -56.0% | GBX-3.04 Billion | GBX5.43 Billion | GBX8.81 Billion | GBX11.85 Billion | ▼ -1.8 pp |
| 2024 | -54.2% | GBX-3.27 Billion | GBX6.03 Billion | GBX8.20 Billion | GBX11.46 Billion | ▼ -4.4 pp |
| 2023 | -49.7% | GBX-3.30 Billion | GBX6.64 Billion | GBX8.60 Billion | GBX11.90 Billion | ▼ -20.1 pp |
| 2022 | -29.7% | GBX-2.22 Billion | GBX7.47 Billion | GBX8.92 Billion | GBX11.14 Billion | ▲ +14.1 pp |
| 2021 | -43.8% | GBX-2.60 Billion | GBX5.94 Billion | GBX8.21 Billion | GBX10.81 Billion | ▲ +4.7 pp |
| 2020 | -48.5% | GBX-2.67 Billion | GBX5.52 Billion | GBX9.65 Billion | GBX12.32 Billion | ▼ -25.3 pp |
| 2019 | -23.2% | GBX-1.29 Billion | GBX5.58 Billion | GBX10.66 Billion | GBX11.95 Billion | ▲ +38.6 pp |
| 2018 | -61.8% | GBX-3.98 Billion | GBX6.45 Billion | GBX7.25 Billion | GBX11.24 Billion | ▲ +2.1 pp |
| 2017 | -64.0% | GBX-3.98 Billion | GBX6.23 Billion | GBX6.90 Billion | GBX10.88 Billion | ▼ -18.8 pp |
| 2016 | -45.1% | GBX-2.59 Billion | GBX5.74 Billion | GBX7.53 Billion | GBX10.12 Billion | ▼ -15.8 pp |
| 2015 | -29.4% | GBX-1.67 Billion | GBX5.70 Billion | GBX7.47 Billion | GBX9.14 Billion | ▼ -19.3 pp |
| 2014 | -10.1% | GBX-552.00 Million | GBX5.46 Billion | GBX7.18 Billion | GBX7.74 Billion | ▲ +37.6 pp |
| 2013 | -47.7% | GBX-2.69 Billion | GBX5.65 Billion | GBX8.39 Billion | GBX11.08 Billion | ▼ -14.3 pp |
| 2012 | -33.3% | GBX-2.03 Billion | GBX6.08 Billion | GBX7.11 Billion | GBX9.14 Billion | ▲ +8.6 pp |
| 2011 | -41.9% | GBX-3.23 Billion | GBX7.71 Billion | GBX7.39 Billion | GBX10.62 Billion | ▼ -12.9 pp |
| 2010 | -29.0% | GBX-2.06 Billion | GBX7.09 Billion | GBX7.09 Billion | GBX9.14 Billion | ▲ +30.4 pp |
| 2009 | -59.4% | GBX-3.92 Billion | GBX6.59 Billion | GBX7.22 Billion | GBX11.14 Billion | ▼ -11.0 pp |
| 2008 | -48.4% | GBX-3.08 Billion | GBX6.36 Billion | GBX6.58 Billion | GBX9.66 Billion | ▼ -11.7 pp |
| 2007 | -36.7% | GBX-419.00 Million | GBX1.14 Billion | GBX2.75 Billion | GBX3.17 Billion | ▲ +103.9 pp |
| 2006 | -140.6% | GBX-841.00 Million | GBX598.00 Million | GBX2.16 Billion | GBX3.00 Billion | ▼ -90.8 pp |
| 2005 | -49.8% | GBX-351.00 Million | GBX705.00 Million | GBX2.17 Billion | GBX2.52 Billion | ▲ +194.3 pp |
| 2004 | -244.1% | GBX-332.00 Million | GBX136.00 Million | GBX2.22 Billion | GBX2.56 Billion | ▲ +561.0 pp |
| 2003 | -805.1% | GBX-475.00 Million | GBX59.00 Million | GBX2.40 Billion | GBX2.88 Billion | ▼ -1054.4 pp |
| 2002 | 249.3% | GBX-187.00 Million | GBX-75.00 Million | GBX2.13 Billion | GBX2.32 Billion | ▲ +225.6 pp |
| 2001 | 23.7% | GBX-261.00 Million | GBX-1.10 Billion | GBX1.28 Billion | GBX1.54 Billion | ▼ -36.0 pp |
| 2000 | 59.7% | GBX-763.00 Million | GBX-1.28 Billion | GBX1.19 Billion | GBX1.95 Billion | ▲ +30.7 pp |
| 1999 | 29.0% | GBX-428.00 Million | GBX-1.48 Billion | GBX974.00 Million | GBX1.40 Billion | ▼ -9.4 pp |
| 1998 | 38.4% | GBX-637.00 Million | GBX-1.66 Billion | GBX929.00 Million | GBX1.57 Billion | ▲ +47.6 pp |
| 1997 | -9.3% | GBX100.00 Million | GBX-1.08 Billion | GBX847.00 Million | GBX747.00 Million | ▼ -99.5 pp |
| 1996 | 90.2% | GBX552.00 Million | GBX612.00 Million | GBX1.05 Billion | GBX502.00 Million | ▼ -1.3 pp |
| 1995 | 91.5% | GBX389.00 Million | GBX425.00 Million | GBX2.70 Billion | GBX2.31 Billion | ▲ +13.3 pp |
| 1994 | 78.3% | GBX90.00 Million | GBX115.00 Million | GBX2.32 Billion | GBX2.23 Billion | ▼ -15.6 pp |
| 1993 | 93.9% | GBX261.00 Million | GBX278.00 Million | GBX1.99 Billion | GBX1.73 Billion | ▼ -1.9 pp |
| 1992 | 95.8% | GBX138.00 Million | GBX144.00 Million | GBX1.81 Billion | GBX1.68 Billion | ▼ -34.7 pp |
| 1991 | 130.5% | GBX154.00 Million | GBX118.00 Million | GBX1.51 Billion | GBX1.35 Billion | — |