IP Group (IPO) — Working Capital to Net Assets Ratio
IP Group (IPO) has a Working Capital to Net Assets ratio of -10.3% as of December 2025. Working capital of GBX-100.00 Million (current assets of GBX19.70 Million minus current liabilities of GBX119.70 Million) is measured against net assets of GBX975.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See IP Group balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IP Group Working Capital to Net Assets (2001–2025)
This chart shows how IP Group's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at -10.3%, reflecting working capital of GBX-100.00 Million against net assets of GBX975.10 Million GBX. Check IPO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for IP Group (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IP Group from 2001 to 2025, covering 25 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 IPO market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.3% | GBX-100.00 Million | GBX975.10 Million | GBX19.70 Million | GBX119.70 Million | ▼ -40.4 pp |
| 2024 | 30.1% | GBX286.90 Million | GBX952.50 Million | GBX305.70 Million | GBX18.80 Million | ▲ +12.2 pp |
| 2023 | 17.9% | GBX213.10 Million | GBX1.19 Billion | GBX236.50 Million | GBX23.40 Million | ▼ -1.6 pp |
| 2022 | 19.5% | GBX268.40 Million | GBX1.38 Billion | GBX291.60 Million | GBX23.20 Million | ▲ +1.9 pp |
| 2021 | 17.6% | GBX305.70 Million | GBX1.74 Billion | GBX339.80 Million | GBX34.10 Million | ▼ -2.1 pp |
| 2020 | 19.7% | GBX262.80 Million | GBX1.33 Billion | GBX289.20 Million | GBX26.40 Million | ▲ +3.5 pp |
| 2019 | 16.3% | GBX185.80 Million | GBX1.14 Billion | GBX227.20 Million | GBX41.40 Million | ▲ +0.4 pp |
| 2018 | 15.9% | GBX193.70 Million | GBX1.22 Billion | GBX225.60 Million | GBX31.90 Million | ▼ -4.6 pp |
| 2017 | 20.5% | GBX308.60 Million | GBX1.51 Billion | GBX334.60 Million | GBX26.00 Million | ▲ +5.8 pp |
| 2016 | 14.7% | GBX112.80 Million | GBX768.70 Million | GBX114.90 Million | GBX2.10 Million | ▼ -8.1 pp |
| 2015 | 22.8% | GBX178.10 Million | GBX781.90 Million | GBX182.00 Million | GBX3.90 Million | ▲ +3.8 pp |
| 2014 | 19.0% | GBX100.00 Million | GBX526.20 Million | GBX102.10 Million | GBX2.10 Million | ▲ +12.1 pp |
| 2013 | 7.0% | GBX23.40 Million | GBX336.60 Million | GBX24.90 Million | GBX1.50 Million | ▲ +0.9 pp |
| 2012 | 6.1% | GBX16.00 Million | GBX263.10 Million | GBX16.10 Million | GBX100.00K | ▼ -21.5 pp |
| 2011 | 27.6% | GBX61.10 Million | GBX221.60 Million | GBX61.70 Million | GBX600.00K | ▲ +15.1 pp |
| 2010 | 12.5% | GBX21.60 Million | GBX173.10 Million | GBX22.30 Million | GBX700.00K | ▼ -4.0 pp |
| 2009 | 16.5% | GBX28.20 Million | GBX171.00 Million | GBX28.90 Million | GBX700.00K | ▼ -2.9 pp |
| 2008 | 19.4% | GBX33.70 Million | GBX173.80 Million | GBX34.40 Million | GBX700.00K | ▼ -2.1 pp |
| 2007 | 21.5% | GBX45.90 Million | GBX213.80 Million | GBX48.10 Million | GBX2.20 Million | ▼ -6.9 pp |
| 2006 | 28.4% | GBX50.90 Million | GBX179.20 Million | GBX53.50 Million | GBX2.60 Million | ▼ -4.1 pp |
| 2005 | 32.5% | GBX38.90 Million | GBX119.80 Million | GBX41.90 Million | GBX3.00 Million | ▼ -6.0 pp |
| 2004 | 38.4% | GBX33.73 Million | GBX87.78 Million | GBX37.07 Million | GBX3.35 Million | ▼ -23.6 pp |
| 2003 | 62.1% | GBX37.64 Million | GBX60.66 Million | GBX38.41 Million | GBX774.00K | ▲ +44.8 pp |
| 2002 | 17.2% | GBX4.36 Million | GBX25.31 Million | GBX4.43 Million | GBX73.00K | ▲ +8.7 pp |
| 2001 | 8.5% | GBX2.05 Million | GBX23.97 Million | GBX2.71 Million | GBX659.00K | — |