North Atlantic Smaller Companies Investment Trust PLC (NAS) — Working Capital to Net Assets Ratio
North Atlantic Smaller Companies Investment Trust PLC (NAS) has a Working Capital to Net Assets ratio of 4.0% as of July 2025. Working capital of GBX29.80 Million (current assets of GBX32.85 Million minus current liabilities of GBX3.04 Million) is measured against net assets of GBX743.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NAS equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
North Atlantic Smaller Companies Investment Trust PLC Working Capital to Net Assets (2004–2025)
This chart shows how North Atlantic Smaller Companies Investment Trust PLC's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of July 2025, the ratio stands at 4.0%, reflecting working capital of GBX29.80 Million against net assets of GBX743.48 Million GBX. Check NAS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for North Atlantic Smaller Companies Investment Trust PLC (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for North Atlantic Smaller Companies Investment Trust PLC from 2004 to 2025, 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. For live market cap and the full company profile, see NAS stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.5% | GBX17.90 Million | GBX713.50 Million | GBX23.49 Million | GBX5.59 Million | ▼ -8.8 pp |
| 2024 | 11.3% | GBX78.16 Million | GBX690.23 Million | GBX78.47 Million | GBX314.00K | ▲ +10.2 pp |
| 2023 | 1.1% | GBX7.87 Million | GBX693.36 Million | GBX11.56 Million | GBX3.70 Million | ▼ -8.6 pp |
| 2022 | 9.8% | GBX77.04 Million | GBX789.47 Million | GBX77.58 Million | GBX535.00K | ▲ +5.8 pp |
| 2021 | 4.0% | GBX29.36 Million | GBX742.23 Million | GBX37.13 Million | GBX7.77 Million | ▲ +0.8 pp |
| 2020 | 3.2% | GBX19.55 Million | GBX620.72 Million | GBX21.54 Million | GBX1.99 Million | ▼ -6.1 pp |
| 2019 | 9.2% | GBX49.11 Million | GBX531.42 Million | GBX49.36 Million | GBX255.00K | ▲ +6.7 pp |
| 2018 | 2.6% | GBX12.86 Million | GBX499.42 Million | GBX13.08 Million | GBX219.00K | ▼ -0.5 pp |
| 2017 | 3.0% | GBX13.02 Million | GBX428.61 Million | GBX13.37 Million | GBX357.00K | ▼ -4.3 pp |
| 2016 | 7.3% | GBX29.12 Million | GBX396.96 Million | GBX31.88 Million | GBX2.75 Million | ▲ +4.9 pp |
| 2015 | 2.4% | GBX7.86 Million | GBX328.90 Million | GBX8.16 Million | GBX300.00K | ▼ -6.0 pp |
| 2014 | 8.4% | GBX27.99 Million | GBX332.85 Million | GBX30.24 Million | GBX2.25 Million | ▲ +5.1 pp |
| 2013 | 3.3% | GBX8.96 Million | GBX274.42 Million | GBX11.82 Million | GBX2.87 Million | ▼ -7.3 pp |
| 2012 | 10.6% | GBX24.13 Million | GBX228.54 Million | GBX25.20 Million | GBX1.07 Million | ▼ -1.5 pp |
| 2011 | 12.1% | GBX29.19 Million | GBX241.75 Million | GBX35.50 Million | GBX6.31 Million | ▼ -1.4 pp |
| 2010 | 13.4% | GBX29.47 Million | GBX219.46 Million | GBX31.62 Million | GBX2.15 Million | ▼ -2.0 pp |
| 2009 | 15.4% | GBX27.43 Million | GBX178.12 Million | GBX29.50 Million | GBX2.08 Million | ▲ +16.9 pp |
| 2008 | -1.5% | GBX-3.53 Million | GBX237.97 Million | GBX12.67 Million | GBX16.21 Million | ▼ -11.9 pp |
| 2007 | 10.4% | GBX25.93 Million | GBX249.64 Million | GBX28.09 Million | GBX2.17 Million | ▲ +5.5 pp |
| 2006 | 4.9% | GBX10.89 Million | GBX220.85 Million | GBX13.47 Million | GBX2.58 Million | ▼ -11.5 pp |
| 2005 | 16.5% | GBX28.41 Million | GBX172.54 Million | GBX29.72 Million | GBX1.31 Million | ▲ +7.7 pp |
| 2004 | 8.8% | GBX12.62 Million | GBX144.23 Million | GBX14.32 Million | GBX1.70 Million | — |