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) flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See how many days can Manchester and London Investment Trust p fund operations to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Manchester and London Investment Trust p (MNL) total market value.
| 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 | — |