Nichols (NICL) — Working Capital to Net Assets Ratio
Nichols (NICL) has a Working Capital to Net Assets ratio of 89.9% as of June 2026. Working capital of GBX89.06 Million (current assets of GBX124.20 Million minus current liabilities of GBX35.14 Million) is measured against net assets of GBX99.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nichols (NICL) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nichols Working Capital to Net Assets (1985–2025)
This chart shows how Nichols's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 89.9%, reflecting working capital of GBX89.06 Million against net assets of GBX99.08 Million GBX. For the complete balance sheet picture, see Nichols balance sheet assets.
Annual Working Capital to Net Assets for Nichols (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nichols from 1985 to 2025, covering 41 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 Nichols asset resilience 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) |
|---|---|---|---|---|---|---|
| 2025 | 89.5% | GBX84.79 Million | GBX94.75 Million | GBX116.98 Million | GBX32.19 Million | ▲ +1.6 pp |
| 2024 | 87.8% | GBX73.82 Million | GBX84.05 Million | GBX108.85 Million | GBX35.03 Million | ▼ -0.7 pp |
| 2023 | 88.5% | GBX86.19 Million | GBX97.34 Million | GBX117.23 Million | GBX31.04 Million | ▲ +2.6 pp |
| 2022 | 86.0% | GBX76.27 Million | GBX88.74 Million | GBX106.98 Million | GBX30.71 Million | ▲ +10.5 pp |
| 2021 | 75.5% | GBX70.21 Million | GBX93.03 Million | GBX103.25 Million | GBX33.03 Million | ▲ +24.3 pp |
| 2020 | 51.2% | GBX61.36 Million | GBX119.88 Million | GBX83.03 Million | GBX21.67 Million | ▲ +1.9 pp |
| 2019 | 49.3% | GBX61.73 Million | GBX125.34 Million | GBX87.67 Million | GBX25.93 Million | ▼ -3.4 pp |
| 2018 | 52.7% | GBX59.06 Million | GBX112.11 Million | GBX84.21 Million | GBX25.15 Million | ▲ +0.3 pp |
| 2017 | 52.4% | GBX52.05 Million | GBX99.32 Million | GBX75.61 Million | GBX23.57 Million | ▼ -10.6 pp |
| 2016 | 63.0% | GBX54.17 Million | GBX85.97 Million | GBX77.98 Million | GBX23.81 Million | ▼ -0.6 pp |
| 2015 | 63.6% | GBX46.44 Million | GBX73.01 Million | GBX67.24 Million | GBX20.81 Million | ▼ -7.6 pp |
| 2014 | 71.2% | GBX41.38 Million | GBX58.08 Million | GBX62.72 Million | GBX21.34 Million | ▼ -1.6 pp |
| 2013 | 72.9% | GBX39.31 Million | GBX53.94 Million | GBX61.16 Million | GBX21.84 Million | ▲ +1.3 pp |
| 2012 | 71.6% | GBX32.20 Million | GBX44.99 Million | GBX53.82 Million | GBX21.61 Million | ▲ +2.5 pp |
| 2011 | 69.0% | GBX25.05 Million | GBX36.30 Million | GBX47.02 Million | GBX21.96 Million | ▲ +7.4 pp |
| 2010 | 61.6% | GBX18.59 Million | GBX30.18 Million | GBX34.66 Million | GBX16.06 Million | ▲ +0.3 pp |
| 2009 | 61.4% | GBX15.01 Million | GBX24.46 Million | GBX28.64 Million | GBX13.63 Million | ▲ +10.8 pp |
| 2008 | 50.6% | GBX10.76 Million | GBX21.27 Million | GBX22.38 Million | GBX11.62 Million | ▼ -4.5 pp |
| 2007 | 55.0% | GBX12.93 Million | GBX23.50 Million | GBX23.50 Million | GBX10.57 Million | ▼ -4.0 pp |
| 2006 | 59.1% | GBX11.82 Million | GBX20.01 Million | GBX21.99 Million | GBX10.18 Million | ▲ +53.0 pp |
| 2005 | 6.1% | GBX1.03 Million | GBX16.99 Million | GBX18.56 Million | GBX17.53 Million | ▼ -54.6 pp |
| 2004 | 60.6% | GBX10.95 Million | GBX18.06 Million | GBX22.93 Million | GBX11.98 Million | ▲ +44.3 pp |
| 2003 | 16.3% | GBX4.07 Million | GBX25.01 Million | GBX30.12 Million | GBX26.05 Million | ▼ -7.5 pp |
| 2002 | 23.7% | GBX6.42 Million | GBX27.07 Million | GBX31.18 Million | GBX24.76 Million | ▲ +8.1 pp |
| 2001 | 15.6% | GBX5.63 Million | GBX35.98 Million | GBX30.22 Million | GBX24.59 Million | ▼ -3.9 pp |
| 2000 | 19.6% | GBX6.88 Million | GBX35.17 Million | GBX28.23 Million | GBX21.35 Million | ▲ +29.4 pp |
| 1999 | -9.9% | GBX-3.27 Million | GBX33.17 Million | GBX23.47 Million | GBX26.74 Million | ▼ -22.2 pp |
| 1998 | 12.3% | GBX3.69 Million | GBX30.02 Million | GBX23.91 Million | GBX20.22 Million | ▼ -20.0 pp |
| 1997 | 32.2% | GBX9.37 Million | GBX29.06 Million | GBX25.74 Million | GBX16.37 Million | ▼ -0.6 pp |
| 1996 | 32.9% | GBX8.37 Million | GBX25.43 Million | GBX22.59 Million | GBX14.22 Million | ▲ +1.5 pp |
| 1995 | 31.4% | GBX7.51 Million | GBX23.91 Million | GBX21.41 Million | GBX13.90 Million | ▼ -22.9 pp |
| 1994 | 54.3% | GBX13.91 Million | GBX25.61 Million | GBX25.84 Million | GBX11.93 Million | ▼ -10.6 pp |
| 1993 | 64.9% | GBX14.30 Million | GBX22.05 Million | GBX24.20 Million | GBX9.89 Million | ▲ +5.2 pp |
| 1992 | 59.7% | GBX10.99 Million | GBX18.40 Million | GBX21.34 Million | GBX10.36 Million | ▲ +4.2 pp |
| 1991 | 55.5% | GBX8.31 Million | GBX14.97 Million | GBX17.00 Million | GBX8.70 Million | ▲ +12.1 pp |
| 1990 | 43.4% | GBX5.19 Million | GBX11.98 Million | GBX13.91 Million | GBX8.71 Million | ▼ -9.3 pp |
| 1989 | 52.7% | GBX5.39 Million | GBX10.23 Million | GBX14.41 Million | GBX9.02 Million | ▼ -14.9 pp |
| 1988 | 67.5% | GBX9.91 Million | GBX14.68 Million | GBX17.82 Million | GBX7.90 Million | ▲ +1.1 pp |
| 1987 | 66.5% | GBX8.29 Million | GBX12.46 Million | GBX16.03 Million | GBX7.75 Million | ▼ -1.6 pp |
| 1986 | 68.0% | GBX7.47 Million | GBX10.98 Million | GBX15.32 Million | GBX7.85 Million | ▼ -15.6 pp |
| 1985 | 83.6% | GBX9.89 Million | GBX11.83 Million | GBX14.30 Million | GBX4.41 Million | — |