Merchants Trust PLC (MRCH) — Working Capital to Net Assets Ratio
Merchants Trust PLC (MRCH) has a Working Capital to Net Assets ratio of 2.8% as of January 2024. Working capital of GBX22.16 Million (current assets of GBX24.81 Million minus current liabilities of GBX2.65 Million) is measured against net assets of GBX787.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Merchants Trust PLC balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Merchants Trust PLC Working Capital to Net Assets (2008–2024)
This chart shows how Merchants Trust PLC's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of January 2024, the ratio stands at 2.8%, reflecting working capital of GBX22.16 Million against net assets of GBX787.52 Million GBX. Check MRCH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Merchants Trust PLC (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Merchants Trust PLC from 2008 to 2024, covering 17 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 Merchants Trust PLC market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.8% | GBX-21.92 Million | GBX787.52 Million | GBX24.81 Million | GBX46.73 Million | ▲ +1.0 pp |
| 2023 | -3.7% | GBX-30.45 Million | GBX812.38 Million | GBX13.36 Million | GBX43.82 Million | ▼ -2.5 pp |
| 2022 | -1.2% | GBX-9.09 Million | GBX739.05 Million | GBX21.62 Million | GBX30.71 Million | ▲ +1.8 pp |
| 2021 | -3.0% | GBX-16.81 Million | GBX554.72 Million | GBX10.67 Million | GBX27.48 Million | ▼ -0.6 pp |
| 2020 | -2.5% | GBX-15.26 Million | GBX622.53 Million | GBX14.85 Million | GBX30.11 Million | ▼ -6.6 pp |
| 2019 | 4.1% | GBX22.06 Million | GBX533.93 Million | GBX24.09 Million | GBX2.03 Million | ▲ +1.0 pp |
| 2018 | 3.1% | GBX18.57 Million | GBX593.48 Million | GBX20.82 Million | GBX2.25 Million | ▲ +0.5 pp |
| 2017 | 2.6% | GBX14.32 Million | GBX545.32 Million | GBX14.99 Million | GBX673.37K | ▲ +1.6 pp |
| 2016 | 1.0% | GBX5.00 Million | GBX498.11 Million | GBX7.40 Million | GBX2.40 Million | ▼ -0.2 pp |
| 2015 | 1.2% | GBX6.74 Million | GBX562.01 Million | GBX9.71 Million | GBX2.97 Million | ▼ -0.5 pp |
| 2014 | 1.7% | GBX8.96 Million | GBX529.48 Million | GBX11.83 Million | GBX2.86 Million | ▲ +0.6 pp |
| 2013 | 1.1% | GBX5.36 Million | GBX481.46 Million | GBX10.61 Million | GBX5.25 Million | ▼ -2.3 pp |
| 2012 | 3.4% | GBX13.98 Million | GBX415.02 Million | GBX16.45 Million | GBX2.47 Million | ▲ +1.4 pp |
| 2011 | 2.0% | GBX8.79 Million | GBX440.85 Million | GBX11.29 Million | GBX2.50 Million | ▼ -0.6 pp |
| 2010 | 2.6% | GBX9.89 Million | GBX384.75 Million | GBX12.68 Million | GBX2.78 Million | ▼ -2.7 pp |
| 2009 | 5.2% | GBX16.48 Million | GBX314.80 Million | GBX18.39 Million | GBX1.91 Million | ▲ +3.0 pp |
| 2008 | 2.2% | GBX11.15 Million | GBX506.19 Million | GBX13.28 Million | GBX2.13 Million | — |