Montanaro UK Smaller Companies Investment Trust PLC (MTU) — Working Capital to Net Assets Ratio
Montanaro UK Smaller Companies Investment Trust PLC (MTU) has a Working Capital to Net Assets ratio of 4.2% as of March 2026. Working capital of GBX4.84 Million (current assets of GBX6.31 Million minus current liabilities of GBX1.48 Million) is measured against net assets of GBX114.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Montanaro UK Smaller Companies Investmen to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Montanaro UK Smaller Companies Investment Trust PLC Working Capital to Net Assets (2004–2026)
This chart shows how Montanaro UK Smaller Companies Investment Trust PLC's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 4.2%, reflecting working capital of GBX4.84 Million against net assets of GBX114.60 Million GBX. For the complete balance sheet picture, see how large is Montanaro UK Smaller Companies Investmen's balance sheet.
Annual Working Capital to Net Assets for Montanaro UK Smaller Companies Investment Trust PLC (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Montanaro UK Smaller Companies Investment Trust PLC from 2004 to 2026, covering 23 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 MTU 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 | 4.2% | GBX4.84 Million | GBX114.60 Million | GBX6.31 Million | GBX1.48 Million | ▲ +0.2 pp |
| 2025 | 4.1% | GBX6.13 Million | GBX150.80 Million | GBX7.14 Million | GBX1.01 Million | ▼ -3.4 pp |
| 2024 | 7.4% | GBX14.80 Million | GBX199.08 Million | GBX14.94 Million | GBX142.00K | ▲ +1.8 pp |
| 2023 | 5.7% | GBX10.87 Million | GBX191.65 Million | GBX11.21 Million | GBX336.00K | ▲ +1.1 pp |
| 2022 | 4.5% | GBX10.31 Million | GBX226.79 Million | GBX10.64 Million | GBX333.00K | ▲ +10.1 pp |
| 2021 | -5.5% | GBX-13.77 Million | GBX248.67 Million | GBX10.82 Million | GBX24.59 Million | ▼ -13.3 pp |
| 2020 | 7.8% | GBX14.82 Million | GBX190.41 Million | GBX15.15 Million | GBX330.00K | ▲ +4.7 pp |
| 2019 | 3.1% | GBX6.75 Million | GBX216.22 Million | GBX7.07 Million | GBX320.00K | ▼ -3.0 pp |
| 2018 | 6.1% | GBX13.87 Million | GBX227.34 Million | GBX14.21 Million | GBX342.00K | ▼ -0.5 pp |
| 2017 | 6.6% | GBX13.88 Million | GBX211.44 Million | GBX14.65 Million | GBX775.00K | ▲ +16.3 pp |
| 2016 | -9.7% | GBX-18.55 Million | GBX191.01 Million | GBX9.99 Million | GBX28.54 Million | ▼ -4.8 pp |
| 2015 | -5.0% | GBX-9.37 Million | GBX189.02 Million | GBX9.05 Million | GBX18.42 Million | ▲ +1.3 pp |
| 2014 | -6.3% | GBX-12.39 Million | GBX196.91 Million | GBX3.13 Million | GBX15.52 Million | ▼ -5.3 pp |
| 2013 | -1.0% | GBX-1.81 Million | GBX177.15 Million | GBX13.60 Million | GBX15.41 Million | ▼ -0.6 pp |
| 2012 | -0.4% | GBX-552.00K | GBX146.15 Million | GBX14.45 Million | GBX15.00 Million | ▲ +7.2 pp |
| 2011 | -7.6% | GBX-10.77 Million | GBX141.15 Million | GBX4.24 Million | GBX15.00 Million | ▼ -0.3 pp |
| 2010 | -7.4% | GBX-7.47 Million | GBX101.30 Million | GBX2.53 Million | GBX10.00 Million | ▼ -9.6 pp |
| 2009 | 2.2% | GBX1.47 Million | GBX65.59 Million | GBX6.47 Million | GBX5.00 Million | ▲ +5.6 pp |
| 2008 | -3.3% | GBX-3.41 Million | GBX102.38 Million | GBX11.59 Million | GBX15.00 Million | ▲ +2.5 pp |
| 2007 | -5.9% | GBX-7.65 Million | GBX130.44 Million | GBX4.68 Million | GBX12.33 Million | ▼ -6.2 pp |
| 2006 | 0.3% | GBX322.00K | GBX108.76 Million | GBX4.14 Million | GBX3.81 Million | ▲ +0.7 pp |
| 2005 | -0.4% | GBX-274.00K | GBX75.45 Million | GBX2.20 Million | GBX2.48 Million | ▼ -12.9 pp |
| 2004 | 12.6% | GBX8.03 Million | GBX63.96 Million | GBX9.83 Million | GBX1.80 Million | — |