NatWest Group PLC (NWG) — Working Capital to Net Assets Ratio
NatWest Group PLC (NWG) has a Working Capital to Net Assets ratio of -951.0% as of March 2026. Working capital of GBX-415.30 Billion (current assets of GBX135.78 Billion minus current liabilities of GBX551.09 Billion) is measured against net assets of GBX43.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NWG net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NatWest Group PLC Working Capital to Net Assets (2012–2025)
This chart shows how NatWest Group PLC's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at -951.0%, reflecting working capital of GBX-415.30 Billion against net assets of GBX43.67 Billion GBX. Check NatWest Group PLC (NWG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NatWest Group PLC (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NatWest Group PLC from 2012 to 2025, covering 14 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 NatWest Group PLC stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -896.5% | GBX-382.01 Billion | GBX42.61 Billion | GBX98.30 Billion | GBX480.31 Billion | ▼ -147.0 pp |
| 2024 | -749.4% | GBX-295.12 Billion | GBX39.38 Billion | GBX182.46 Billion | GBX477.58 Billion | ▼ -132.0 pp |
| 2023 | -617.4% | GBX-229.62 Billion | GBX37.19 Billion | GBX238.00 Billion | GBX467.62 Billion | ▼ -502.0 pp |
| 2022 | -115.5% | GBX-42.14 Billion | GBX36.50 Billion | GBX145.39 Billion | GBX187.53 Billion | ▼ -92.0 pp |
| 2021 | -23.5% | GBX-9.82 Billion | GBX41.80 Billion | GBX178.00 Billion | GBX187.82 Billion | ▼ -305.8 pp |
| 2020 | 282.3% | GBX123.72 Billion | GBX43.82 Billion | GBX124.70 Billion | GBX990.00 Million | ▲ +108.2 pp |
| 2019 | 174.1% | GBX75.85 Billion | GBX43.56 Billion | GBX78.13 Billion | GBX2.28 Billion | ▲ +472.8 pp |
| 2018 | -298.7% | GBX-138.85 Billion | GBX46.49 Billion | GBX89.70 Billion | GBX228.54 Billion | ▼ -276.8 pp |
| 2017 | -21.8% | GBX-10.72 Billion | GBX49.09 Billion | GBX99.73 Billion | GBX110.45 Billion | ▲ +502.4 pp |
| 2016 | -524.2% | GBX-259.00 Billion | GBX49.40 Billion | GBX75.44 Billion | GBX334.44 Billion | ▲ +10.0 pp |
| 2015 | -534.2% | GBX-289.27 Billion | GBX54.15 Billion | GBX79.73 Billion | GBX369.00 Billion | ▼ -654.7 pp |
| 2014 | 120.5% | GBX72.53 Billion | GBX60.19 Billion | GBX75.36 Billion | GBX2.83 Billion | ▼ -14.7 pp |
| 2013 | 135.2% | GBX80.05 Billion | GBX59.22 Billion | GBX83.19 Billion | GBX3.14 Billion | ▲ +27.0 pp |
| 2012 | 108.2% | GBX76.21 Billion | GBX70.45 Billion | GBX79.82 Billion | GBX3.60 Billion | — |