Morgan Advanced Materials plc (MGAM) — Working Capital to Net Assets Ratio
Morgan Advanced Materials plc (MGAM) has a Working Capital to Net Assets ratio of 52.6% as of June 2025. Working capital of GBX185.30 Million (current assets of GBX435.00 Million minus current liabilities of GBX249.70 Million) is measured against net assets of GBX352.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Morgan Advanced Materials plc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Morgan Advanced Materials plc Working Capital to Net Assets (1985–2024)
This chart shows how Morgan Advanced Materials plc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2024. As of June 2025, the ratio stands at 52.6%, reflecting working capital of GBX185.30 Million against net assets of GBX352.20 Million GBX. See defensive interval ratio of Morgan Advanced Materials plc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Morgan Advanced Materials plc (1985–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Morgan Advanced Materials plc from 1985 to 2024, 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. For live market cap and the full company profile, see MGAM stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 55.7% | GBX216.70 Million | GBX389.30 Million | GBX479.80 Million | GBX263.10 Million | ▼ -8.2 pp |
| 2023 | 63.8% | GBX254.40 Million | GBX398.60 Million | GBX493.90 Million | GBX239.50 Million | ▲ +14.3 pp |
| 2022 | 49.5% | GBX212.60 Million | GBX429.60 Million | GBX496.00 Million | GBX283.40 Million | ▼ -8.5 pp |
| 2021 | 58.0% | GBX202.80 Million | GBX349.60 Million | GBX430.60 Million | GBX227.80 Million | ▲ +1.1 pp |
| 2020 | 57.0% | GBX136.70 Million | GBX240.00 Million | GBX416.40 Million | GBX279.70 Million | ▲ +16.8 pp |
| 2019 | 40.1% | GBX125.10 Million | GBX311.70 Million | GBX459.90 Million | GBX334.80 Million | ▲ +1.6 pp |
| 2018 | 38.5% | GBX106.80 Million | GBX277.20 Million | GBX415.30 Million | GBX308.50 Million | ▼ -16.6 pp |
| 2017 | 55.1% | GBX129.10 Million | GBX234.30 Million | GBX393.80 Million | GBX264.70 Million | ▼ -0.5 pp |
| 2016 | 55.6% | GBX91.60 Million | GBX164.70 Million | GBX478.40 Million | GBX386.80 Million | ▼ -25.6 pp |
| 2015 | 81.2% | GBX151.30 Million | GBX186.40 Million | GBX355.40 Million | GBX204.10 Million | ▲ +4.9 pp |
| 2014 | 76.3% | GBX143.20 Million | GBX187.70 Million | GBX394.00 Million | GBX250.80 Million | ▲ +27.8 pp |
| 2013 | 48.4% | GBX132.80 Million | GBX274.10 Million | GBX384.80 Million | GBX252.00 Million | ▼ -23.1 pp |
| 2012 | 71.5% | GBX194.40 Million | GBX271.80 Million | GBX407.10 Million | GBX212.70 Million | ▲ +12.3 pp |
| 2011 | 59.3% | GBX160.10 Million | GBX270.20 Million | GBX446.90 Million | GBX286.80 Million | ▲ +7.3 pp |
| 2010 | 52.0% | GBX131.00 Million | GBX252.10 Million | GBX431.40 Million | GBX300.40 Million | ▼ -11.6 pp |
| 2009 | 63.6% | GBX136.50 Million | GBX214.60 Million | GBX421.60 Million | GBX285.10 Million | ▼ -27.7 pp |
| 2008 | 91.3% | GBX189.90 Million | GBX208.00 Million | GBX494.90 Million | GBX305.00 Million | ▲ +53.4 pp |
| 2007 | 37.9% | GBX74.40 Million | GBX196.30 Million | GBX345.50 Million | GBX271.10 Million | ▲ +16.2 pp |
| 2006 | 21.7% | GBX44.00 Million | GBX203.10 Million | GBX318.30 Million | GBX274.30 Million | ▼ -26.5 pp |
| 2005 | 48.1% | GBX94.20 Million | GBX195.70 Million | GBX378.70 Million | GBX284.50 Million | ▲ +64.8 pp |
| 2004 | -16.7% | GBX-25.50 Million | GBX153.10 Million | GBX342.90 Million | GBX368.40 Million | ▼ -71.7 pp |
| 2003 | 55.0% | GBX143.00 Million | GBX259.80 Million | GBX396.10 Million | GBX253.10 Million | ▲ +9.1 pp |
| 2002 | 46.0% | GBX148.10 Million | GBX322.30 Million | GBX346.10 Million | GBX198.00 Million | ▲ +8.2 pp |
| 2001 | 37.8% | GBX159.30 Million | GBX421.50 Million | GBX480.90 Million | GBX321.60 Million | ▲ +7.0 pp |
| 2000 | 30.8% | GBX142.00 Million | GBX461.20 Million | GBX542.80 Million | GBX400.80 Million | ▼ -36.2 pp |
| 1999 | 67.0% | GBX288.50 Million | GBX430.60 Million | GBX613.30 Million | GBX324.80 Million | ▲ +25.2 pp |
| 1998 | 41.8% | GBX138.20 Million | GBX330.40 Million | GBX475.50 Million | GBX337.30 Million | ▼ -5.7 pp |
| 1997 | 47.5% | GBX139.10 Million | GBX292.80 Million | GBX465.80 Million | GBX326.70 Million | ▼ -3.1 pp |
| 1996 | 50.6% | GBX150.70 Million | GBX297.70 Million | GBX426.70 Million | GBX276.00 Million | ▲ +9.4 pp |
| 1995 | 41.2% | GBX124.20 Million | GBX301.10 Million | GBX408.50 Million | GBX284.30 Million | ▼ -6.1 pp |
| 1994 | 47.3% | GBX135.90 Million | GBX287.30 Million | GBX392.40 Million | GBX256.50 Million | ▲ +6.0 pp |
| 1993 | 41.3% | GBX99.80 Million | GBX241.40 Million | GBX410.30 Million | GBX310.50 Million | ▼ -23.3 pp |
| 1992 | 64.6% | GBX152.50 Million | GBX236.00 Million | GBX441.30 Million | GBX288.80 Million | ▼ -8.4 pp |
| 1991 | 73.0% | GBX176.50 Million | GBX241.80 Million | GBX434.40 Million | GBX257.90 Million | ▲ +26.8 pp |
| 1990 | 46.2% | GBX90.80 Million | GBX196.70 Million | GBX287.90 Million | GBX197.10 Million | ▲ +2.5 pp |
| 1989 | 43.7% | GBX81.60 Million | GBX186.70 Million | GBX252.70 Million | GBX171.10 Million | ▼ -19.6 pp |
| 1988 | 63.3% | GBX95.30 Million | GBX150.60 Million | GBX227.10 Million | GBX131.80 Million | ▼ -6.8 pp |
| 1987 | 70.1% | GBX73.00 Million | GBX104.10 Million | GBX193.50 Million | GBX120.50 Million | ▲ +4.0 pp |
| 1986 | 66.1% | GBX67.60 Million | GBX102.20 Million | GBX151.90 Million | GBX84.30 Million | ▲ +0.3 pp |
| 1985 | 65.8% | GBX63.70 Million | GBX96.80 Million | GBX127.50 Million | GBX63.80 Million | — |