Lloyds Banking Group PLC (LLOY) — Working Capital to Net Assets Ratio
Lloyds Banking Group PLC (LLOY) has a Working Capital to Net Assets ratio of -938.2% as of June 2025. Working capital of GBX-439.74 Billion (current assets of GBX64.22 Billion minus current liabilities of GBX503.97 Billion) is measured against net assets of GBX46.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Lloyds Banking Group PLC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lloyds Banking Group PLC Working Capital to Net Assets (1995–2024)
This chart shows how Lloyds Banking Group PLC's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1995 to 2024. As of June 2025, the ratio stands at -938.2%, reflecting working capital of GBX-439.74 Billion against net assets of GBX46.87 Billion GBX. See how many days can Lloyds Banking Group PLC fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Lloyds Banking Group PLC (1995–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lloyds Banking Group PLC from 1995 to 2024, covering 30 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 Lloyds Banking Group PLC (LLOY) total market value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -768.6% | GBX-352.68 Billion | GBX45.89 Billion | GBX138.64 Billion | GBX491.32 Billion | ▼ -852.8 pp |
| 2023 | 84.2% | GBX39.89 Billion | GBX47.37 Billion | GBX79.02 Billion | GBX39.13 Billion | ▲ +866.6 pp |
| 2022 | -782.4% | GBX-343.57 Billion | GBX43.91 Billion | GBX140.57 Billion | GBX484.14 Billion | ▼ -773.2 pp |
| 2021 | -9.2% | GBX-4.72 Billion | GBX51.22 Billion | GBX76.57 Billion | GBX81.28 Billion | ▲ +29.4 pp |
| 2020 | -38.6% | GBX-19.06 Billion | GBX49.41 Billion | GBX73.56 Billion | GBX92.62 Billion | ▼ -36.3 pp |
| 2019 | -2.2% | GBX-16.16 Billion | GBX719.07 Billion | GBX55.44 Billion | GBX71.60 Billion | ▲ +948.4 pp |
| 2018 | -950.6% | GBX-477.20 Billion | GBX50.20 Billion | GBX56.06 Billion | GBX533.26 Billion | ▲ +16.6 pp |
| 2017 | -967.2% | GBX-475.32 Billion | GBX49.14 Billion | GBX59.88 Billion | GBX535.20 Billion | ▲ +75.5 pp |
| 2016 | -1042.7% | GBX-509.01 Billion | GBX48.81 Billion | GBX48.87 Billion | GBX557.88 Billion | ▼ -31.1 pp |
| 2015 | -1011.6% | GBX-475.27 Billion | GBX46.98 Billion | GBX59.79 Billion | GBX535.05 Billion | ▼ -213.6 pp |
| 2014 | -798.0% | GBX-398.24 Billion | GBX49.90 Billion | GBX63.99 Billion | GBX462.23 Billion | ▲ +241.5 pp |
| 2013 | -1039.5% | GBX-408.90 Billion | GBX39.34 Billion | GBX56.84 Billion | GBX465.74 Billion | ▼ -218.6 pp |
| 2012 | -821.0% | GBX-349.57 Billion | GBX42.58 Billion | GBX91.09 Billion | GBX440.65 Billion | ▼ -246.4 pp |
| 2011 | -574.6% | GBX-265.33 Billion | GBX46.18 Billion | GBX210.74 Billion | GBX476.07 Billion | ▼ -83.9 pp |
| 2010 | -490.6% | GBX-218.65 Billion | GBX44.57 Billion | GBX195.67 Billion | GBX414.32 Billion | ▲ +44.9 pp |
| 2009 | -535.6% | GBX-236.22 Billion | GBX44.11 Billion | GBX190.58 Billion | GBX426.80 Billion | ▲ +1593.8 pp |
| 2008 | -2129.3% | GBX-206.52 Billion | GBX9.70 Billion | GBX5.95 Billion | GBX212.48 Billion | ▼ -598.8 pp |
| 2007 | -1530.6% | GBX-190.17 Billion | GBX12.43 Billion | GBX5.57 Billion | GBX195.75 Billion | ▼ -32.0 pp |
| 2006 | -1498.5% | GBX-172.44 Billion | GBX11.51 Billion | GBX3.33 Billion | GBX175.76 Billion | ▲ +20.2 pp |
| 2005 | -1518.7% | GBX-161.44 Billion | GBX10.63 Billion | GBX1.16 Billion | GBX162.60 Billion | ▼ -175.0 pp |
| 2004 | -1343.8% | GBX-156.92 Billion | GBX11.68 Billion | GBX2.54 Billion | GBX159.46 Billion | ▼ -14.1 pp |
| 2003 | -1329.6% | GBX-137.63 Billion | GBX10.35 Billion | GBX2.64 Billion | GBX140.27 Billion | ▲ +211.3 pp |
| 2002 | -1540.9% | GBX-134.11 Billion | GBX8.70 Billion | GBX7.74 Billion | GBX141.85 Billion | ▼ -2367.5 pp |
| 2001 | 826.6% | GBX97.40 Billion | GBX11.78 Billion | GBX231.12 Billion | GBX133.72 Billion | ▼ -80.0 pp |
| 2000 | 906.6% | GBX95.88 Billion | GBX10.58 Billion | GBX213.48 Billion | GBX117.60 Billion | ▼ -1232.5 pp |
| 1999 | 2139.1% | GBX186.65 Billion | GBX8.73 Billion | GBX297.20 Billion | GBX110.55 Billion | ▲ +1349.9 pp |
| 1998 | 789.2% | GBX59.32 Billion | GBX7.52 Billion | GBX166.15 Billion | GBX106.83 Billion | ▲ +998.6 pp |
| 1997 | -209.5% | GBX-13.18 Billion | GBX6.29 Billion | GBX10.29 Billion | GBX23.47 Billion | ▲ +27.8 pp |
| 1996 | -237.3% | GBX-12.12 Billion | GBX5.11 Billion | GBX9.12 Billion | GBX21.24 Billion | ▲ +9.5 pp |
| 1995 | -246.7% | GBX-11.95 Billion | GBX4.84 Billion | GBX7.77 Billion | GBX19.72 Billion | — |