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 ITM Power (ITM) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check ITM Power tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see ITM Power (ITM) market capitalisation.
| 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 | — |