Manchester and London Investment Trust plc (MNL) — Working Capital to Net Assets Ratio
Manchester and London Investment Trust plc (MNL) has a Working Capital to Net Assets ratio of 10.7% as of January 2026. Working capital of GBX42.49 Million (current assets of GBX44.45 Million minus current liabilities of GBX1.97 Million) is measured against net assets of GBX398.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Manchester and London Investment Trust p (MNL) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Manchester and London Investment Trust plc Working Capital to Net Assets (2004–2025)
This chart shows how Manchester and London Investment Trust plc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of January 2026, the ratio stands at 10.7%, reflecting working capital of GBX42.49 Million against net assets of GBX398.94 Million GBX. For the complete balance sheet picture, see MNL current and non-current assets.
Annual Working Capital to Net Assets for Manchester and London Investment Trust plc (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Manchester and London Investment Trust plc from 2004 to 2025, covering 22 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 how resilient are Manchester and London Investment Trust p's assets 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 | 9.1% | GBX37.55 Million | GBX413.13 Million | GBX45.31 Million | GBX7.77 Million | ▲ +1.6 pp |
| 2024 | 7.5% | GBX25.10 Million | GBX334.10 Million | GBX28.84 Million | GBX3.75 Million | ▲ +0.6 pp |
| 2023 | 6.9% | GBX15.21 Million | GBX221.38 Million | GBX17.16 Million | GBX1.95 Million | ▼ -9.0 pp |
| 2022 | 15.8% | GBX31.46 Million | GBX198.55 Million | GBX48.84 Million | GBX17.38 Million | ▼ -33.1 pp |
| 2021 | 48.9% | GBX131.88 Million | GBX269.69 Million | GBX132.15 Million | GBX277.00K | ▲ +22.6 pp |
| 2020 | 26.3% | GBX59.37 Million | GBX225.93 Million | GBX86.19 Million | GBX26.82 Million | ▲ +7.5 pp |
| 2019 | 18.8% | GBX32.65 Million | GBX173.71 Million | GBX32.90 Million | GBX253.00K | ▼ -2.3 pp |
| 2018 | 21.1% | GBX27.53 Million | GBX130.39 Million | GBX27.86 Million | GBX327.00K | ▲ +4.6 pp |
| 2017 | 16.5% | GBX15.59 Million | GBX94.66 Million | GBX15.68 Million | GBX88.00K | ▲ +16.5 pp |
| 2016 | 0.0% | GBX-35.00K | GBX75.55 Million | GBX163.00K | GBX198.00K | ▼ -1.3 pp |
| 2015 | 1.3% | GBX793.00K | GBX63.07 Million | GBX949.00K | GBX156.00K | ▼ -29.2 pp |
| 2014 | 30.4% | GBX19.59 Million | GBX64.36 Million | GBX19.69 Million | GBX96.00K | ▲ +1.3 pp |
| 2013 | 29.2% | GBX21.89 Million | GBX75.05 Million | GBX21.98 Million | GBX99.00K | ▲ +14.1 pp |
| 2012 | 15.0% | GBX11.34 Million | GBX75.52 Million | GBX11.51 Million | GBX176.00K | ▲ +8.0 pp |
| 2011 | 7.1% | GBX6.94 Million | GBX98.27 Million | GBX29.97 Million | GBX23.03 Million | ▲ +4.4 pp |
| 2010 | 2.7% | GBX2.28 Million | GBX85.20 Million | GBX6.76 Million | GBX4.49 Million | ▼ -7.0 pp |
| 2009 | 9.7% | GBX5.57 Million | GBX57.49 Million | GBX9.73 Million | GBX4.16 Million | ▼ -24.8 pp |
| 2008 | 34.5% | GBX16.42 Million | GBX47.67 Million | GBX16.65 Million | GBX225.00K | ▲ +28.7 pp |
| 2007 | 5.8% | GBX3.04 Million | GBX52.55 Million | GBX3.78 Million | GBX737.00K | ▼ -11.5 pp |
| 2006 | 17.3% | GBX6.35 Million | GBX36.79 Million | GBX6.44 Million | GBX87.00K | ▲ +5.0 pp |
| 2005 | 12.2% | GBX4.12 Million | GBX33.61 Million | GBX4.25 Million | GBX139.00K | ▲ +2.8 pp |
| 2004 | 9.4% | GBX2.75 Million | GBX29.15 Million | GBX3.39 Million | GBX640.00K | — |