Johnson Matthey PLC (JMAT) — Working Capital to Net Assets Ratio
Johnson Matthey PLC (JMAT) has a Working Capital to Net Assets ratio of 45.1% as of March 2025. Working capital of GBX1.04 Billion (current assets of GBX3.51 Billion minus current liabilities of GBX2.48 Billion) is measured against net assets of GBX2.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Johnson Matthey PLC (JMAT) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Johnson Matthey PLC Working Capital to Net Assets (1986–2025)
This chart shows how Johnson Matthey PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2025, the ratio stands at 45.1%, reflecting working capital of GBX1.04 Billion against net assets of GBX2.29 Billion GBX. For the complete balance sheet picture, see Johnson Matthey PLC assets under control.
Annual Working Capital to Net Assets for Johnson Matthey PLC (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Johnson Matthey PLC from 1986 to 2025, covering 40 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 JMAT asset resilience ratio 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 | 45.1% | GBX1.04 Billion | GBX2.29 Billion | GBX3.51 Billion | GBX2.48 Billion | ▼ -2.7 pp |
| 2024 | 47.8% | GBX1.14 Billion | GBX2.38 Billion | GBX3.66 Billion | GBX2.52 Billion | ▼ -10.2 pp |
| 2023 | 58.1% | GBX1.47 Billion | GBX2.54 Billion | GBX4.37 Billion | GBX2.89 Billion | ▲ +15.8 pp |
| 2022 | 42.3% | GBX1.03 Billion | GBX2.44 Billion | GBX4.18 Billion | GBX3.15 Billion | ▼ -5.2 pp |
| 2021 | 47.5% | GBX1.28 Billion | GBX2.69 Billion | GBX4.87 Billion | GBX3.60 Billion | ▲ +10.1 pp |
| 2020 | 37.4% | GBX1.06 Billion | GBX2.82 Billion | GBX4.34 Billion | GBX3.29 Billion | ▼ -13.1 pp |
| 2019 | 50.5% | GBX1.32 Billion | GBX2.61 Billion | GBX3.37 Billion | GBX2.05 Billion | ▲ +3.5 pp |
| 2018 | 47.0% | GBX1.12 Billion | GBX2.38 Billion | GBX2.65 Billion | GBX1.53 Billion | ▼ -3.0 pp |
| 2017 | 50.0% | GBX1.11 Billion | GBX2.22 Billion | GBX2.30 Billion | GBX1.19 Billion | ▲ +5.8 pp |
| 2016 | 44.2% | GBX810.90 Million | GBX1.83 Billion | GBX1.96 Billion | GBX1.15 Billion | ▼ -7.9 pp |
| 2015 | 52.1% | GBX937.40 Million | GBX1.80 Billion | GBX2.23 Billion | GBX1.30 Billion | ▲ +7.1 pp |
| 2014 | 45.0% | GBX698.50 Million | GBX1.55 Billion | GBX1.89 Billion | GBX1.19 Billion | ▲ +13.9 pp |
| 2013 | 31.1% | GBX432.60 Million | GBX1.39 Billion | GBX1.62 Billion | GBX1.19 Billion | ▼ -14.3 pp |
| 2012 | 45.4% | GBX695.60 Million | GBX1.53 Billion | GBX1.64 Billion | GBX944.50 Million | ▲ +7.3 pp |
| 2011 | 38.1% | GBX534.70 Million | GBX1.40 Billion | GBX1.58 Billion | GBX1.05 Billion | ▼ -0.2 pp |
| 2010 | 38.3% | GBX479.50 Million | GBX1.25 Billion | GBX1.23 Billion | GBX748.40 Million | ▲ +4.9 pp |
| 2009 | 33.5% | GBX393.50 Million | GBX1.18 Billion | GBX1.04 Billion | GBX648.70 Million | ▼ -6.2 pp |
| 2008 | 39.6% | GBX459.90 Million | GBX1.16 Billion | GBX1.17 Billion | GBX712.30 Million | ▼ -4.4 pp |
| 2007 | 44.1% | GBX475.20 Million | GBX1.08 Billion | GBX981.10 Million | GBX505.90 Million | ▲ +4.3 pp |
| 2006 | 39.8% | GBX415.80 Million | GBX1.04 Billion | GBX971.30 Million | GBX555.50 Million | ▼ -2.1 pp |
| 2005 | 41.9% | GBX389.40 Million | GBX929.90 Million | GBX759.30 Million | GBX369.90 Million | ▼ -1.7 pp |
| 2004 | 43.6% | GBX380.00 Million | GBX871.60 Million | GBX912.80 Million | GBX532.80 Million | ▲ +3.1 pp |
| 2003 | 40.5% | GBX323.50 Million | GBX798.10 Million | GBX880.60 Million | GBX557.10 Million | ▼ -11.0 pp |
| 2002 | 51.6% | GBX421.50 Million | GBX817.60 Million | GBX977.50 Million | GBX556.00 Million | ▼ -19.0 pp |
| 2001 | 70.6% | GBX572.80 Million | GBX811.30 Million | GBX1.05 Billion | GBX479.40 Million | ▼ -3.2 pp |
| 2000 | 73.8% | GBX560.50 Million | GBX759.90 Million | GBX982.90 Million | GBX422.40 Million | ▲ +26.8 pp |
| 1999 | 47.0% | GBX262.40 Million | GBX558.60 Million | GBX741.90 Million | GBX479.50 Million | ▼ -0.1 pp |
| 1998 | 47.1% | GBX235.20 Million | GBX499.40 Million | GBX690.40 Million | GBX455.20 Million | ▲ +12.9 pp |
| 1997 | 34.2% | GBX159.20 Million | GBX465.30 Million | GBX500.10 Million | GBX340.90 Million | ▲ +10.1 pp |
| 1996 | 24.1% | GBX108.70 Million | GBX450.20 Million | GBX464.70 Million | GBX356.00 Million | ▼ -8.9 pp |
| 1995 | 33.0% | GBX124.90 Million | GBX378.20 Million | GBX383.80 Million | GBX258.90 Million | ▼ -12.1 pp |
| 1994 | 45.1% | GBX167.00 Million | GBX370.10 Million | GBX401.50 Million | GBX234.50 Million | ▼ -0.4 pp |
| 1993 | 45.6% | GBX151.50 Million | GBX332.60 Million | GBX387.40 Million | GBX235.90 Million | ▼ -8.2 pp |
| 1992 | 53.7% | GBX166.80 Million | GBX310.50 Million | GBX421.50 Million | GBX254.70 Million | ▼ -10.4 pp |
| 1991 | 64.2% | GBX182.10 Million | GBX283.80 Million | GBX471.00 Million | GBX288.90 Million | ▲ +14.1 pp |
| 1990 | 50.1% | GBX137.30 Million | GBX274.10 Million | GBX492.40 Million | GBX355.10 Million | ▲ +2.9 pp |
| 1989 | 47.2% | GBX152.00 Million | GBX322.10 Million | GBX344.90 Million | GBX192.90 Million | ▼ -12.1 pp |
| 1988 | 59.3% | GBX151.50 Million | GBX255.50 Million | GBX327.30 Million | GBX175.80 Million | ▼ -7.4 pp |
| 1987 | 66.7% | GBX151.30 Million | GBX226.80 Million | GBX364.00 Million | GBX212.70 Million | ▼ -3.4 pp |
| 1986 | 70.1% | GBX150.60 Million | GBX214.80 Million | GBX340.50 Million | GBX189.90 Million | — |