Northern 3 Vct Plc (NTN) — Working Capital to Net Assets Ratio
Northern 3 Vct Plc (NTN) has a Working Capital to Net Assets ratio of 25.0% as of September 2025. Working capital of GBX32.96 Million (current assets of GBX33.14 Million minus current liabilities of GBX181.00K) is measured against net assets of GBX131.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern 3 Vct Plc Working Capital to Net Assets (2002–2024)
This chart shows how Northern 3 Vct Plc's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 25.0%, reflecting working capital of GBX32.96 Million against net assets of GBX131.78 Million GBX. Explore NTN strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Northern 3 Vct Plc (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northern 3 Vct Plc from 2002 to 2024, covering 26 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 Northern 3 Vct Plc asset portfolio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 25.7% | GBX31.47 Million | GBX122.50 Million | GBX31.62 Million | GBX158.00K | ▲ +1.6 pp |
| 2023 | 24.1% | GBX27.22 Million | GBX112.99 Million | GBX27.39 Million | GBX169.00K | ▲ +3.9 pp |
| 2022 | 20.2% | GBX21.59 Million | GBX106.86 Million | GBX21.74 Million | GBX152.00K | ▲ +0.4 pp |
| 2021 | 19.8% | GBX23.24 Million | GBX117.54 Million | GBX25.03 Million | GBX1.78 Million | ▲ +7.7 pp |
| 2020 | 12.1% | GBX8.77 Million | GBX72.54 Million | GBX8.90 Million | GBX137.00K | ▼ -3.5 pp |
| 2019 | 15.6% | GBX12.92 Million | GBX82.73 Million | GBX19.62 Million | GBX6.70 Million | ▼ -9.9 pp |
| 2018 | 25.5% | GBX21.49 Million | GBX84.26 Million | GBX21.62 Million | GBX135.00K | ▲ +45.5 pp |
| 2017 | -20.0% | GBX-1.11 Million | GBX5.54 Million | GBX9.64 Million | GBX10.75 Million | ▼ -30.3 pp |
| 2017 | 10.3% | GBX7.17 Million | GBX69.89 Million | GBX12.46 Million | GBX5.29 Million | ▼ -88.5 pp |
| 2016 | 98.8% | GBX4.02 Million | GBX4.07 Million | GBX10.66 Million | GBX6.64 Million | ▲ +86.4 pp |
| 2016 | 12.3% | GBX8.27 Million | GBX66.96 Million | GBX8.89 Million | GBX620.00K | ▼ -91.3 pp |
| 2015 | 103.6% | GBX3.99 Million | GBX3.85 Million | GBX9.11 Million | GBX5.12 Million | ▲ +74.4 pp |
| 2015 | 29.2% | GBX20.78 Million | GBX71.16 Million | GBX20.98 Million | GBX197.00K | ▲ +11.2 pp |
| 2014 | 18.0% | GBX12.85 Million | GBX71.30 Million | GBX13.86 Million | GBX1.00 Million | ▲ +6.1 pp |
| 2013 | 11.9% | GBX6.02 Million | GBX50.56 Million | GBX6.76 Million | GBX734.00K | ▼ -5.2 pp |
| 2012 | 17.1% | GBX8.19 Million | GBX47.80 Million | GBX8.70 Million | GBX511.00K | ▲ +7.3 pp |
| 2011 | 9.8% | GBX3.68 Million | GBX37.43 Million | GBX4.34 Million | GBX655.00K | ▼ -19.9 pp |
| 2010 | 29.7% | GBX9.63 Million | GBX32.41 Million | GBX9.83 Million | GBX193.00K | ▲ +15.7 pp |
| 2009 | 14.0% | GBX3.41 Million | GBX24.32 Million | GBX3.63 Million | GBX219.00K | ▲ +9.0 pp |
| 2008 | 5.0% | GBX1.45 Million | GBX28.64 Million | GBX1.79 Million | GBX346.00K | ▼ -0.2 pp |
| 2007 | 5.2% | GBX1.55 Million | GBX29.50 Million | GBX1.71 Million | GBX167.00K | ▼ -8.6 pp |
| 2006 | 13.8% | GBX4.04 Million | GBX29.28 Million | GBX4.21 Million | GBX163.00K | ▼ -6.4 pp |
| 2005 | 20.2% | GBX6.09 Million | GBX30.14 Million | GBX6.25 Million | GBX154.00K | ▼ -21.2 pp |
| 2004 | 41.4% | GBX8.62 Million | GBX20.80 Million | GBX9.58 Million | GBX958.00K | ▲ +21.0 pp |
| 2003 | 20.5% | GBX3.37 Million | GBX16.45 Million | GBX3.62 Million | GBX250.00K | ▼ -9.6 pp |
| 2002 | 30.1% | GBX4.04 Million | GBX13.42 Million | GBX4.15 Million | GBX115.00K | — |