Nichols Working Capital to Net Assets Ratio
Nichols 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. Check Nichols tangible equity quality 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 Nichols (1985–2025)
Working capital to net assets ratio of Nichols from 1985 to 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. See Nichols liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Nichols Working Capital to Net Assets Ratio by Year (1985–2025)
Nichols working capital to net assets ratio by year from 1985 to 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. For the complete balance sheet picture, see total assets of Nichols.
| 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 | — |