Montanaro European Smaller Companies Trust plc (MTE) — 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. See Montanaro European Smaller Companies Tru (MTE) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Montanaro European Smaller Companies Trust plc Working Capital to Net Assets (2004–2024)
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 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Montanaro European Smaller Companies Trust plc (2004–2024)
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 live market cap and the full company profile, see MTE company net worth.
| 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 | — |