Montanaro European Smaller Companies Trust plc Working Capital to Net Assets Ratio
Montanaro European Smaller Companies Trust plc working capital to net assets ratio. Montanaro European Smaller Companies Trust plc (MTE) has a Working Capital to Net Assets ratio of 0.8% as of September 2024. Working capital of GBX2.63 Million (current assets of GBX3.62 Million minus current liabilities of GBX983.00K) is measured against net assets of GBX313.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MTE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Montanaro European Smaller Companies Trust plc (2004–2024)
Working capital to net assets ratio of Montanaro European Smaller Companies Trust plc from 2004 to 2024. This chart shows how Montanaro European Smaller Companies Trust plc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2024, the ratio stands at 0.8%, reflecting working capital of GBX2.63 Million against net assets of GBX313.02 Million GBX. See MTE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Montanaro European Smaller Companies Trust plc Working Capital to Net Assets Ratio by Year (2004–2024)
Montanaro European Smaller Companies Trust plc working capital to net assets ratio by year from 2004 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Montanaro European Smaller Companies Trust plc from 2004 to 2024, covering 21 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 the complete balance sheet picture, see Montanaro European Smaller Companies Tru assets under control.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.2% | GBX-483.00K | GBX312.72 Million | GBX1.13 Million | GBX1.61 Million | ▲ +3.3 pp |
| 2023 | -3.4% | GBX-10.33 Million | GBX299.98 Million | GBX4.11 Million | GBX14.44 Million | ▼ -1.5 pp |
| 2022 | -2.0% | GBX-6.45 Million | GBX324.90 Million | GBX2.79 Million | GBX9.24 Million | ▼ -2.7 pp |
| 2021 | 0.7% | GBX1.99 Million | GBX276.06 Million | GBX2.55 Million | GBX564.00K | ▲ +0.8 pp |
| 2020 | -0.1% | GBX-86.00K | GBX160.12 Million | GBX1.02 Million | GBX1.11 Million | ▼ -4.7 pp |
| 2019 | 4.7% | GBX7.88 Million | GBX169.14 Million | GBX8.09 Million | GBX204.00K | ▼ -9.2 pp |
| 2018 | 13.9% | GBX20.95 Million | GBX150.78 Million | GBX21.15 Million | GBX201.00K | ▲ +5.5 pp |
| 2017 | 8.4% | GBX11.40 Million | GBX136.05 Million | GBX11.67 Million | GBX272.00K | ▲ +1.1 pp |
| 2016 | 7.3% | GBX7.78 Million | GBX106.42 Million | GBX8.12 Million | GBX348.00K | ▲ +2.8 pp |
| 2015 | 4.5% | GBX4.29 Million | GBX95.75 Million | GBX4.47 Million | GBX179.00K | ▼ -2.5 pp |
| 2014 | 7.0% | GBX6.93 Million | GBX98.68 Million | GBX8.17 Million | GBX1.24 Million | ▲ +8.5 pp |
| 2013 | -1.5% | GBX-1.35 Million | GBX93.01 Million | GBX11.62 Million | GBX12.97 Million | ▲ +0.1 pp |
| 2012 | -1.5% | GBX-1.22 Million | GBX81.28 Million | GBX11.49 Million | GBX12.72 Million | ▲ +0.3 pp |
| 2011 | -1.9% | GBX-1.65 Million | GBX88.84 Million | GBX12.03 Million | GBX13.68 Million | ▲ +9.5 pp |
| 2010 | -11.3% | GBX-8.05 Million | GBX71.06 Million | GBX1.94 Million | GBX9.99 Million | ▼ -16.0 pp |
| 2009 | 4.7% | GBX2.00 Million | GBX42.65 Million | GBX4.88 Million | GBX2.89 Million | ▲ +2.5 pp |
| 2008 | 2.2% | GBX1.51 Million | GBX69.06 Million | GBX12.46 Million | GBX10.95 Million | ▲ +7.4 pp |
| 2007 | -5.2% | GBX-3.86 Million | GBX74.45 Million | GBX6.53 Million | GBX10.39 Million | ▼ -1.0 pp |
| 2006 | -4.1% | GBX-2.62 Million | GBX63.18 Million | GBX3.98 Million | GBX6.60 Million | ▲ +5.3 pp |
| 2005 | -9.4% | GBX-5.79 Million | GBX61.62 Million | GBX2.00 Million | GBX7.79 Million | ▲ +4.3 pp |
| 2004 | -13.7% | GBX-6.70 Million | GBX48.99 Million | GBX1.31 Million | GBX8.00 Million | — |