The Mercantile Investment Trust plc (MRC) — Working Capital to Net Assets Ratio
The Mercantile Investment Trust plc (MRC) has a Working Capital to Net Assets ratio of 2.3% as of January 2026. Working capital of GBX44.55 Million (current assets of GBX52.82 Million minus current liabilities of GBX8.27 Million) is measured against net assets of GBX1.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See The Mercantile Investment Trust plc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Mercantile Investment Trust plc Working Capital to Net Assets (2004–2026)
This chart shows how The Mercantile Investment Trust plc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2026. As of January 2026, the ratio stands at 2.3%, reflecting working capital of GBX44.55 Million against net assets of GBX1.97 Billion GBX. For the complete balance sheet picture, see balance sheet size of The Mercantile Investment Trust plc.
Annual Working Capital to Net Assets for The Mercantile Investment Trust plc (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Mercantile Investment Trust plc from 2004 to 2026, 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 MRC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 2.3% | GBX44.55 Million | GBX1.97 Billion | GBX52.82 Million | GBX8.27 Million | ▼ -0.1 pp |
| 2025 | 2.4% | GBX46.73 Million | GBX1.97 Billion | GBX57.15 Million | GBX10.42 Million | ▼ -1.8 pp |
| 2024 | 4.2% | GBX77.84 Million | GBX1.87 Billion | GBX97.09 Million | GBX19.25 Million | ▼ -3.9 pp |
| 2023 | 8.1% | GBX150.74 Million | GBX1.87 Billion | GBX160.34 Million | GBX9.60 Million | ▲ +5.3 pp |
| 2022 | 2.8% | GBX60.81 Million | GBX2.20 Billion | GBX69.93 Million | GBX9.12 Million | ▲ +1.9 pp |
| 2021 | 0.8% | GBX16.41 Million | GBX1.99 Billion | GBX37.47 Million | GBX21.07 Million | ▼ -2.4 pp |
| 2020 | 3.3% | GBX71.12 Million | GBX2.18 Billion | GBX76.97 Million | GBX5.85 Million | ▼ -7.1 pp |
| 2019 | 10.3% | GBX181.28 Million | GBX1.75 Billion | GBX190.62 Million | GBX9.34 Million | ▲ +4.7 pp |
| 2018 | 5.6% | GBX112.88 Million | GBX2.02 Billion | GBX120.37 Million | GBX7.49 Million | ▼ -2.8 pp |
| 2017 | 8.4% | GBX146.51 Million | GBX1.74 Billion | GBX148.77 Million | GBX2.26 Million | ▼ -5.6 pp |
| 2016 | 14.0% | GBX260.06 Million | GBX1.85 Billion | GBX268.25 Million | GBX8.20 Million | ▲ +3.7 pp |
| 2015 | 10.4% | GBX177.52 Million | GBX1.71 Billion | GBX195.39 Million | GBX17.88 Million | ▲ +8.1 pp |
| 2014 | 2.3% | GBX38.25 Million | GBX1.69 Billion | GBX44.07 Million | GBX5.82 Million | ▼ -7.1 pp |
| 2013 | 9.4% | GBX128.19 Million | GBX1.36 Billion | GBX142.58 Million | GBX14.40 Million | ▲ +8.5 pp |
| 2012 | 1.0% | GBX10.60 Million | GBX1.11 Billion | GBX20.56 Million | GBX9.96 Million | ▼ -4.4 pp |
| 2011 | 5.4% | GBX66.70 Million | GBX1.24 Billion | GBX93.56 Million | GBX26.86 Million | ▲ +0.2 pp |
| 2010 | 5.2% | GBX54.04 Million | GBX1.04 Billion | GBX59.87 Million | GBX5.83 Million | ▼ -17.3 pp |
| 2009 | 22.5% | GBX157.21 Million | GBX697.30 Million | GBX173.18 Million | GBX15.97 Million | ▲ +2.7 pp |
| 2008 | 19.8% | GBX239.18 Million | GBX1.21 Billion | GBX295.78 Million | GBX56.60 Million | ▲ +11.7 pp |
| 2007 | 8.1% | GBX141.96 Million | GBX1.74 Billion | GBX160.84 Million | GBX18.88 Million | ▲ +7.1 pp |
| 2006 | 1.0% | GBX14.44 Million | GBX1.44 Billion | GBX37.41 Million | GBX22.97 Million | ▲ +13.6 pp |
| 2004 | -12.6% | GBX-119.94 Million | GBX955.51 Million | GBX81.38 Million | GBX201.32 Million | — |