M&G Plc (MNG) — Working Capital to Net Assets Ratio
M&G Plc (MNG) has a Working Capital to Net Assets ratio of 90.7% as of December 2025. Working capital of GBX2.89 Billion (current assets of GBX6.02 Billion minus current liabilities of GBX3.13 Billion) is measured against net assets of GBX3.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MNG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
M&G Plc Working Capital to Net Assets (2016–2025)
This chart shows how M&G Plc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 90.7%, reflecting working capital of GBX2.89 Billion against net assets of GBX3.19 Billion GBX. For the complete balance sheet picture, see total assets of M&G Plc.
Annual Working Capital to Net Assets for M&G Plc (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for M&G Plc from 2016 to 2025, covering 10 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. Check M&G Plc (MNG) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 90.7% | GBX2.89 Billion | GBX3.19 Billion | GBX6.02 Billion | GBX3.13 Billion | ▲ +208.1 pp |
| 2024 | -117.4% | GBX-3.90 Billion | GBX3.32 Billion | GBX2.51 Billion | GBX6.41 Billion | ▼ -695.9 pp |
| 2023 | 578.5% | GBX26.18 Billion | GBX4.53 Billion | GBX33.20 Billion | GBX7.02 Billion | ▼ -295.1 pp |
| 2022 | 873.6% | GBX24.72 Billion | GBX2.83 Billion | GBX32.45 Billion | GBX7.73 Billion | ▲ +412.4 pp |
| 2021 | 461.1% | GBX24.65 Billion | GBX5.34 Billion | GBX31.96 Billion | GBX7.31 Billion | ▼ -40.7 pp |
| 2020 | 501.8% | GBX28.02 Billion | GBX5.58 Billion | GBX33.69 Billion | GBX5.66 Billion | ▲ +84.8 pp |
| 2019 | 417.0% | GBX21.39 Billion | GBX5.13 Billion | GBX27.65 Billion | GBX6.25 Billion | ▼ -232.0 pp |
| 2018 | 649.0% | GBX57.10 Billion | GBX8.80 Billion | GBX58.43 Billion | GBX1.33 Billion | ▲ +581.9 pp |
| 2017 | 67.1% | GBX6.38 Billion | GBX9.51 Billion | GBX7.35 Billion | GBX966.00 Million | ▲ +22.5 pp |
| 2016 | 44.6% | GBX3.52 Billion | GBX7.89 Billion | GBX5.06 Billion | GBX1.54 Billion | — |