Lancashire Holdings Ltd (LRE) — Working Capital to Net Assets Ratio
Lancashire Holdings Ltd (LRE) has a Working Capital to Net Assets ratio of 185.6% as of December 2023. Working capital of GBX2.80 Billion (current assets of GBX2.88 Billion minus current liabilities of GBX85.80 Million) is measured against net assets of GBX1.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See LRE financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Lancashire Holdings Ltd Working Capital to Net Assets (2006–2023)
This chart shows how Lancashire Holdings Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of December 2023, the ratio stands at 185.6%, reflecting working capital of GBX2.80 Billion against net assets of GBX1.51 Billion GBX. See operational self-sufficiency of Lancashire Holdings Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Lancashire Holdings Ltd (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lancashire Holdings Ltd from 2006 to 2023, covering 18 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 LRE market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 185.6% | GBX2.80 Billion | GBX1.51 Billion | GBX2.88 Billion | GBX85.80 Million | ▲ +24.8 pp |
| 2022 | 160.9% | GBX2.04 Billion | GBX1.27 Billion | GBX2.36 Billion | GBX323.30 Million | ▲ +37.7 pp |
| 2021 | 123.2% | GBX1.74 Billion | GBX1.41 Billion | GBX1.97 Billion | GBX228.70 Million | ▲ +106.6 pp |
| 2020 | 16.6% | GBX255.40 Million | GBX1.54 Billion | GBX432.40 Million | GBX177.00 Million | ▲ +2.7 pp |
| 2019 | 13.9% | GBX166.40 Million | GBX1.19 Billion | GBX320.40 Million | GBX154.00 Million | ▼ -114.5 pp |
| 2018 | 128.4% | GBX1.37 Billion | GBX1.07 Billion | GBX1.49 Billion | GBX117.30 Million | ▲ +114.8 pp |
| 2017 | 13.6% | GBX150.30 Million | GBX1.11 Billion | GBX256.50 Million | GBX106.20 Million | ▼ -4.5 pp |
| 2016 | 18.1% | GBX218.70 Million | GBX1.21 Billion | GBX308.80 Million | GBX90.10 Million | ▼ -0.7 pp |
| 2015 | 18.8% | GBX229.00 Million | GBX1.22 Billion | GBX291.80 Million | GBX62.80 Million | ▼ -120.3 pp |
| 2014 | 139.1% | GBX1.89 Billion | GBX1.36 Billion | GBX1.96 Billion | GBX75.00 Million | ▲ +99.8 pp |
| 2013 | 39.3% | GBX574.20 Million | GBX1.46 Billion | GBX634.00 Million | GBX59.80 Million | ▲ +13.6 pp |
| 2012 | 25.7% | GBX356.50 Million | GBX1.39 Billion | GBX410.60 Million | GBX54.10 Million | ▼ -121.9 pp |
| 2011 | 147.6% | GBX1.96 Billion | GBX1.33 Billion | GBX1.98 Billion | GBX17.80 Million | ▼ -25.4 pp |
| 2010 | 173.1% | GBX2.23 Billion | GBX1.29 Billion | GBX2.23 Billion | GBX4.40 Million | ▲ +4.2 pp |
| 2009 | 168.9% | GBX2.33 Billion | GBX1.38 Billion | GBX2.33 Billion | GBX4.20 Million | ▲ +11.2 pp |
| 2008 | 157.7% | GBX2.01 Billion | GBX1.27 Billion | GBX2.01 Billion | GBX2.00 Million | ▲ +9.5 pp |
| 2007 | 148.2% | GBX1.80 Billion | GBX1.22 Billion | GBX1.81 Billion | GBX5.70 Million | ▲ +113.2 pp |
| 2006 | 35.0% | GBX397.70 Million | GBX1.14 Billion | GBX400.10 Million | GBX2.40 Million | — |