Morgan Sindall Group PLC (MGNS) — Working Capital to Net Assets Ratio
Morgan Sindall Group PLC (MGNS) has a Working Capital to Net Assets ratio of 38.4% as of December 2025. Working capital of GBX287.50 Million (current assets of GBX1.91 Billion minus current liabilities of GBX1.62 Billion) is measured against net assets of GBX748.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MGNS 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
Morgan Sindall Group PLC Working Capital to Net Assets (1985–2025)
This chart shows how Morgan Sindall Group PLC's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 38.4%, reflecting working capital of GBX287.50 Million against net assets of GBX748.80 Million GBX. See MGNS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Morgan Sindall Group PLC (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Morgan Sindall Group PLC from 1985 to 2025, covering 41 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 MGNS market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.4% | GBX287.50 Million | GBX748.80 Million | GBX1.91 Billion | GBX1.62 Billion | ▼ -8.7 pp |
| 2024 | 47.1% | GBX304.70 Million | GBX647.20 Million | GBX1.70 Billion | GBX1.40 Billion | ▲ +1.8 pp |
| 2023 | 45.3% | GBX257.10 Million | GBX568.10 Million | GBX1.62 Billion | GBX1.36 Billion | ▲ +0.4 pp |
| 2022 | 44.8% | GBX222.40 Million | GBX496.20 Million | GBX1.41 Billion | GBX1.19 Billion | ▲ +3.2 pp |
| 2021 | 41.6% | GBX197.30 Million | GBX474.20 Million | GBX1.32 Billion | GBX1.13 Billion | ▲ +13.2 pp |
| 2020 | 28.4% | GBX122.20 Million | GBX430.00 Million | GBX1.10 Billion | GBX978.90 Million | ▲ +9.5 pp |
| 2019 | 19.0% | GBX75.20 Million | GBX396.80 Million | GBX993.30 Million | GBX918.10 Million | ▲ +3.6 pp |
| 2018 | 15.4% | GBX53.30 Million | GBX346.60 Million | GBX976.60 Million | GBX923.30 Million | ▲ +6.2 pp |
| 2017 | 9.2% | GBX29.00 Million | GBX316.60 Million | GBX920.30 Million | GBX891.30 Million | ▲ +4.1 pp |
| 2016 | 5.0% | GBX13.90 Million | GBX277.20 Million | GBX775.20 Million | GBX761.30 Million | ▼ -4.4 pp |
| 2015 | 9.4% | GBX23.50 Million | GBX249.00 Million | GBX716.00 Million | GBX692.50 Million | ▼ -3.3 pp |
| 2014 | 12.7% | GBX34.10 Million | GBX267.90 Million | GBX732.20 Million | GBX698.10 Million | ▲ +5.0 pp |
| 2013 | 7.7% | GBX19.90 Million | GBX257.00 Million | GBX642.40 Million | GBX622.50 Million | ▲ +13.4 pp |
| 2012 | -5.7% | GBX-14.20 Million | GBX249.30 Million | GBX614.70 Million | GBX628.90 Million | ▲ +12.9 pp |
| 2011 | -18.6% | GBX-43.80 Million | GBX235.60 Million | GBX670.00 Million | GBX713.80 Million | ▲ +17.8 pp |
| 2010 | -36.4% | GBX-80.60 Million | GBX221.70 Million | GBX697.30 Million | GBX777.90 Million | ▼ -7.4 pp |
| 2009 | -29.0% | GBX-60.70 Million | GBX209.30 Million | GBX593.70 Million | GBX654.40 Million | ▲ +9.5 pp |
| 2008 | -38.5% | GBX-74.10 Million | GBX192.30 Million | GBX689.80 Million | GBX763.90 Million | ▲ +11.2 pp |
| 2007 | -49.7% | GBX-82.40 Million | GBX165.70 Million | GBX795.10 Million | GBX877.50 Million | ▼ -84.0 pp |
| 2006 | 34.2% | GBX48.60 Million | GBX141.90 Million | GBX463.00 Million | GBX414.40 Million | ▲ +3.9 pp |
| 2005 | 30.4% | GBX35.43 Million | GBX116.62 Million | GBX394.64 Million | GBX359.22 Million | ▲ +7.2 pp |
| 2004 | 23.2% | GBX22.79 Million | GBX98.16 Million | GBX337.36 Million | GBX314.57 Million | ▲ +12.9 pp |
| 2003 | 10.4% | GBX8.17 Million | GBX78.88 Million | GBX275.57 Million | GBX267.40 Million | ▲ +25.5 pp |
| 2002 | -15.2% | GBX-10.67 Million | GBX70.28 Million | GBX232.98 Million | GBX243.66 Million | ▼ -17.6 pp |
| 2001 | 2.4% | GBX1.51 Million | GBX63.74 Million | GBX225.93 Million | GBX224.42 Million | ▼ -42.0 pp |
| 2000 | 44.4% | GBX20.28 Million | GBX45.70 Million | GBX176.79 Million | GBX156.51 Million | ▲ +13.9 pp |
| 1999 | 30.5% | GBX11.56 Million | GBX37.93 Million | GBX135.67 Million | GBX124.11 Million | ▲ +0.5 pp |
| 1998 | 30.0% | GBX6.95 Million | GBX23.18 Million | GBX103.37 Million | GBX96.42 Million | ▲ +9.1 pp |
| 1997 | 20.9% | GBX3.65 Million | GBX17.52 Million | GBX84.12 Million | GBX80.47 Million | ▲ +9.6 pp |
| 1996 | 11.2% | GBX1.62 Million | GBX14.47 Million | GBX75.16 Million | GBX73.53 Million | ▲ +8.8 pp |
| 1995 | 2.4% | GBX293.00K | GBX12.27 Million | GBX47.72 Million | GBX47.43 Million | ▲ +3.6 pp |
| 1994 | -1.2% | GBX-124.00K | GBX10.30 Million | GBX39.60 Million | GBX39.73 Million | ▼ -39.3 pp |
| 1993 | 38.1% | GBX4.63 Million | GBX12.16 Million | GBX17.78 Million | GBX13.15 Million | ▲ +30.0 pp |
| 1992 | 8.1% | GBX1.13 Million | GBX13.95 Million | GBX22.46 Million | GBX21.33 Million | ▼ -20.1 pp |
| 1991 | 28.1% | GBX5.35 Million | GBX18.99 Million | GBX29.18 Million | GBX23.83 Million | ▼ -22.2 pp |
| 1990 | 50.4% | GBX12.57 Million | GBX24.95 Million | GBX30.89 Million | GBX18.33 Million | ▲ +17.1 pp |
| 1989 | 33.2% | GBX8.14 Million | GBX24.51 Million | GBX31.49 Million | GBX23.35 Million | ▼ -5.7 pp |
| 1988 | 39.0% | GBX9.13 Million | GBX23.43 Million | GBX29.75 Million | GBX20.62 Million | ▲ +30.4 pp |
| 1987 | 8.6% | GBX1.12 Million | GBX13.05 Million | GBX17.27 Million | GBX16.14 Million | ▲ +31.9 pp |
| 1986 | -23.3% | GBX-2.84 Million | GBX12.18 Million | GBX14.60 Million | GBX17.44 Million | ▼ -37.9 pp |
| 1985 | 14.6% | GBX1.20 Million | GBX8.19 Million | GBX10.13 Million | GBX8.94 Million | — |