Marks and Spencer Group PLC Working Capital to Net Assets Ratio
Marks and Spencer Group PLC working capital to net assets ratio. Marks and Spencer Group PLC (MKS) has a Working Capital to Net Assets ratio of -12.6% as of March 2026. Working capital of GBX-405.60 Million (current assets of GBX2.59 Billion minus current liabilities of GBX3.00 Billion) is measured against net assets of GBX3.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Marks and Spencer Group PLC (1986–2026)
Working capital to net assets ratio of Marks and Spencer Group PLC from 1986 to 2026. This chart shows how Marks and Spencer Group PLC's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of March 2026, the ratio stands at -12.6%, reflecting working capital of GBX-405.60 Million against net assets of GBX3.22 Billion GBX. Explore Marks and Spencer Group PLC (MKS) long-term investment share to see how much of total assets are deployed in long-term investments.
Marks and Spencer Group PLC Working Capital to Net Assets Ratio by Year (1986–2026)
Marks and Spencer Group PLC working capital to net assets ratio by year from 1986 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Marks and Spencer Group PLC from 1986 to 2026, 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 the complete balance sheet picture, see MKS total assets.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -12.6% | GBX-405.60 Million | GBX3.22 Billion | GBX2.59 Billion | GBX3.00 Billion | ▲ +0.1 pp |
| 2025 | -12.7% | GBX-373.80 Million | GBX2.95 Billion | GBX2.40 Billion | GBX2.78 Billion | ▲ +0.2 pp |
| 2024 | -12.8% | GBX-362.90 Million | GBX2.83 Billion | GBX2.15 Billion | GBX2.52 Billion | ▲ +6.8 pp |
| 2023 | -19.6% | GBX-551.40 Million | GBX2.81 Billion | GBX2.15 Billion | GBX2.71 Billion | ▼ -13.1 pp |
| 2022 | -6.5% | GBX-188.50 Million | GBX2.92 Billion | GBX2.18 Billion | GBX2.37 Billion | ▲ +24.2 pp |
| 2021 | -30.7% | GBX-700.60 Million | GBX2.29 Billion | GBX1.60 Billion | GBX2.30 Billion | ▼ -13.5 pp |
| 2020 | -17.1% | GBX-634.40 Million | GBX3.71 Billion | GBX1.22 Billion | GBX1.85 Billion | ▲ +10.4 pp |
| 2019 | -27.5% | GBX-738.00 Million | GBX2.68 Billion | GBX1.49 Billion | GBX2.23 Billion | ▼ -10.3 pp |
| 2018 | -17.2% | GBX-508.10 Million | GBX2.95 Billion | GBX1.32 Billion | GBX1.83 Billion | ▲ +3.3 pp |
| 2017 | -20.5% | GBX-644.70 Million | GBX3.15 Billion | GBX1.72 Billion | GBX2.37 Billion | ▼ -1.8 pp |
| 2016 | -18.7% | GBX-643.40 Million | GBX3.44 Billion | GBX1.46 Billion | GBX2.10 Billion | ▲ +1.8 pp |
| 2015 | -20.5% | GBX-656.60 Million | GBX3.20 Billion | GBX1.46 Billion | GBX2.11 Billion | ▲ +15.7 pp |
| 2014 | -36.2% | GBX-980.80 Million | GBX2.71 Billion | GBX1.37 Billion | GBX2.35 Billion | ▲ +2.8 pp |
| 2013 | -39.0% | GBX-970.40 Million | GBX2.49 Billion | GBX1.27 Billion | GBX2.24 Billion | ▼ -19.4 pp |
| 2012 | -19.6% | GBX-545.30 Million | GBX2.78 Billion | GBX1.46 Billion | GBX2.01 Billion | ▲ +1.6 pp |
| 2011 | -21.2% | GBX-568.50 Million | GBX2.68 Billion | GBX1.64 Billion | GBX2.21 Billion | ▼ -4.3 pp |
| 2010 | -16.9% | GBX-370.30 Million | GBX2.19 Billion | GBX1.52 Billion | GBX1.89 Billion | ▲ +26.7 pp |
| 2009 | -43.7% | GBX-917.10 Million | GBX2.10 Billion | GBX1.39 Billion | GBX2.31 Billion | ▼ -2.6 pp |
| 2008 | -41.1% | GBX-807.20 Million | GBX1.96 Billion | GBX1.18 Billion | GBX1.99 Billion | ▲ +5.0 pp |
| 2007 | -46.1% | GBX-759.80 Million | GBX1.65 Billion | GBX846.40 Million | GBX1.61 Billion | ▲ +26.6 pp |
| 2006 | -72.7% | GBX-874.90 Million | GBX1.20 Billion | GBX1.14 Billion | GBX2.02 Billion | ▼ -28.1 pp |
| 2005 | -44.6% | GBX-405.10 Million | GBX909.20 Million | GBX832.30 Million | GBX1.24 Billion | ▼ -125.4 pp |
| 2004 | 80.9% | GBX1.98 Billion | GBX2.45 Billion | GBX3.87 Billion | GBX1.88 Billion | ▲ +27.9 pp |
| 2003 | 53.0% | GBX1.61 Billion | GBX3.04 Billion | GBX3.29 Billion | GBX1.68 Billion | ▼ -12.2 pp |
| 2002 | 65.2% | GBX2.01 Billion | GBX3.08 Billion | GBX3.76 Billion | GBX1.75 Billion | ▲ +31.7 pp |
| 2001 | 33.5% | GBX1.53 Billion | GBX4.58 Billion | GBX3.52 Billion | GBX1.98 Billion | ▲ +1.9 pp |
| 2000 | 31.6% | GBX1.55 Billion | GBX4.92 Billion | GBX3.72 Billion | GBX2.16 Billion | ▲ +4.5 pp |
| 1999 | 27.1% | GBX1.33 Billion | GBX4.90 Billion | GBX3.36 Billion | GBX2.03 Billion | ▲ +5.4 pp |
| 1998 | 21.7% | GBX1.06 Billion | GBX4.87 Billion | GBX3.40 Billion | GBX2.35 Billion | ▼ -9.7 pp |
| 1997 | 31.4% | GBX1.43 Billion | GBX4.55 Billion | GBX3.20 Billion | GBX1.78 Billion | ▲ +2.4 pp |
| 1996 | 29.0% | GBX1.20 Billion | GBX4.14 Billion | GBX2.88 Billion | GBX1.67 Billion | ▲ +2.2 pp |
| 1995 | 26.8% | GBX1.00 Billion | GBX3.74 Billion | GBX2.37 Billion | GBX1.36 Billion | ▲ +0.7 pp |
| 1994 | 26.1% | GBX872.70 Million | GBX3.34 Billion | GBX2.05 Billion | GBX1.18 Billion | ▲ +8.2 pp |
| 1993 | 17.9% | GBX531.00 Million | GBX2.97 Billion | GBX1.76 Billion | GBX1.23 Billion | ▲ +4.5 pp |
| 1992 | 13.4% | GBX356.00 Million | GBX2.66 Billion | GBX1.52 Billion | GBX1.17 Billion | ▼ -2.8 pp |
| 1991 | 16.2% | GBX393.90 Million | GBX2.44 Billion | GBX1.29 Billion | GBX896.70 Million | ▲ +3.2 pp |
| 1990 | 12.9% | GBX281.60 Million | GBX2.18 Billion | GBX1.21 Billion | GBX925.00 Million | ▲ +17.3 pp |
| 1989 | -4.4% | GBX-84.00 Million | GBX1.92 Billion | GBX659.10 Million | GBX743.10 Million | ▼ -8.4 pp |
| 1988 | 4.0% | GBX86.40 Million | GBX2.16 Billion | GBX709.90 Million | GBX623.50 Million | ▲ +8.0 pp |
| 1987 | -4.0% | GBX-62.80 Million | GBX1.58 Billion | GBX467.10 Million | GBX529.90 Million | ▼ -5.9 pp |
| 1986 | 2.0% | GBX28.80 Million | GBX1.46 Billion | GBX510.50 Million | GBX481.70 Million | — |