ITM Power (ITM) — Working Capital to Net Assets Ratio
ITM Power (ITM) has a Working Capital to Net Assets ratio of 81.3% as of October 2025. Working capital of GBX171.30 Million (current assets of GBX277.00 Million minus current liabilities of GBX105.69 Million) is measured against net assets of GBX210.58 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can ITM Power fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ITM Power Working Capital to Net Assets (2002–2025)
This chart shows how ITM Power's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of October 2025, the ratio stands at 81.3%, reflecting working capital of GBX171.30 Million against net assets of GBX210.58 Million GBX. For the complete balance sheet picture, see how large is ITM Power's balance sheet.
Annual Working Capital to Net Assets for ITM Power (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ITM Power from 2002 to 2025, covering 24 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 ITM Power'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 | 85.3% | GBX191.34 Million | GBX224.25 Million | GBX283.83 Million | GBX92.50 Million | ▼ -7.9 pp |
| 2024 | 93.2% | GBX250.44 Million | GBX268.72 Million | GBX329.51 Million | GBX79.06 Million | ▼ -7.6 pp |
| 2023 | 100.8% | GBX297.95 Million | GBX295.51 Million | GBX362.87 Million | GBX64.92 Million | ▲ +6.3 pp |
| 2022 | 94.6% | GBX373.49 Million | GBX394.95 Million | GBX423.62 Million | GBX50.13 Million | ▲ +3.3 pp |
| 2021 | 91.2% | GBX180.14 Million | GBX197.45 Million | GBX205.48 Million | GBX25.34 Million | ▲ +8.0 pp |
| 2020 | 83.2% | GBX46.40 Million | GBX55.75 Million | GBX67.52 Million | GBX21.11 Million | ▲ +7.7 pp |
| 2019 | 75.5% | GBX19.80 Million | GBX26.21 Million | GBX38.30 Million | GBX18.50 Million | ▼ -10.9 pp |
| 2018 | 86.5% | GBX30.78 Million | GBX35.59 Million | GBX39.56 Million | GBX8.78 Million | ▲ +24.0 pp |
| 2017 | 62.5% | GBX8.17 Million | GBX13.07 Million | GBX14.85 Million | GBX6.67 Million | ▼ -9.3 pp |
| 2016 | 71.8% | GBX8.36 Million | GBX11.63 Million | GBX10.11 Million | GBX1.75 Million | ▼ -3.5 pp |
| 2015 | 75.4% | GBX7.80 Million | GBX10.34 Million | GBX11.20 Million | GBX3.40 Million | ▼ -8.7 pp |
| 2014 | 84.0% | GBX9.24 Million | GBX11.00 Million | GBX11.73 Million | GBX2.49 Million | ▲ +3.9 pp |
| 2013 | 80.2% | GBX5.92 Million | GBX7.38 Million | GBX7.66 Million | GBX1.75 Million | ▼ -3.8 pp |
| 2012 | 84.0% | GBX6.47 Million | GBX7.71 Million | GBX7.46 Million | GBX990.00K | ▼ -5.6 pp |
| 2011 | 89.6% | GBX12.34 Million | GBX13.76 Million | GBX13.31 Million | GBX976.00K | ▼ -3.0 pp |
| 2010 | 92.6% | GBX17.10 Million | GBX18.46 Million | GBX17.68 Million | GBX578.00K | ▲ +0.4 pp |
| 2009 | 92.2% | GBX21.66 Million | GBX23.49 Million | GBX22.11 Million | GBX449.00K | ▼ -2.0 pp |
| 2008 | 94.2% | GBX26.92 Million | GBX28.58 Million | GBX27.55 Million | GBX632.00K | ▼ -2.7 pp |
| 2007 | 97.0% | GBX31.55 Million | GBX32.53 Million | GBX32.02 Million | GBX477.00K | ▲ +9.5 pp |
| 2006 | 87.5% | GBX5.76 Million | GBX6.59 Million | GBX6.06 Million | GBX293.00K | ▼ -7.9 pp |
| 2005 | 95.3% | GBX8.05 Million | GBX8.44 Million | GBX8.21 Million | GBX161.00K | ▲ +17.2 pp |
| 2004 | 78.1% | GBX271.00K | GBX347.00K | GBX466.00K | GBX195.00K | ▼ -9.9 pp |
| 2003 | 88.0% | GBX758.00K | GBX861.00K | GBX810.00K | GBX52.00K | ▼ -11.0 pp |
| 2002 | 99.0% | GBX1.42 Million | GBX1.43 Million | GBX1.49 Million | GBX71.00K | — |