Next PLC (NXT) — Working Capital to Net Assets Ratio
Next PLC (NXT) has a Working Capital to Net Assets ratio of 72.6% as of July 2025. Working capital of GBX1.32 Billion (current assets of GBX3.11 Billion minus current liabilities of GBX1.79 Billion) is measured against net assets of GBX1.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Next PLC net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Next PLC Working Capital to Net Assets (1985–2025)
This chart shows how Next PLC's Working Capital to Net Assets ratio has evolved across 42 annual periods from 1985 to 2025. As of July 2025, the ratio stands at 72.6%, reflecting working capital of GBX1.32 Billion against net assets of GBX1.82 Billion GBX. Check Next PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Next PLC (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Next PLC from 1985 to 2025, covering 42 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 NXT stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.8% | GBX1.08 Billion | GBX1.75 Billion | GBX2.65 Billion | GBX1.57 Billion | ▼ -11.6 pp |
| 2024 | 73.3% | GBX1.20 Billion | GBX1.64 Billion | GBX2.45 Billion | GBX1.25 Billion | ▼ -24.6 pp |
| 2023 | 97.9% | GBX1.14 Billion | GBX1.17 Billion | GBX2.23 Billion | GBX1.09 Billion | ▼ -20.8 pp |
| 2022 | 118.7% | GBX1.20 Billion | GBX1.01 Billion | GBX2.41 Billion | GBX1.21 Billion | ▼ -46.5 pp |
| 2021 | 165.2% | GBX1.09 Billion | GBX660.90 Million | GBX2.29 Billion | GBX1.20 Billion | ▼ -62.6 pp |
| 2020 | 227.8% | GBX1.01 Billion | GBX441.50 Million | GBX1.96 Billion | GBX949.80 Million | ▲ +27.3 pp |
| 2019 | 200.5% | GBX734.10 Million | GBX366.20 Million | GBX1.98 Billion | GBX1.24 Billion | ▲ +17.6 pp |
| 2018 | 182.9% | GBX882.70 Million | GBX482.60 Million | GBX1.80 Billion | GBX914.80 Million | ▼ -0.4 pp |
| 2017 | 183.3% | GBX935.60 Million | GBX510.50 Million | GBX1.66 Billion | GBX725.00 Million | ▲ +32.0 pp |
| 2016 | 151.3% | GBX471.60 Million | GBX311.80 Million | GBX1.64 Billion | GBX1.17 Billion | ▼ -75.3 pp |
| 2015 | 226.6% | GBX729.40 Million | GBX321.90 Million | GBX1.62 Billion | GBX886.60 Million | ▲ +5.2 pp |
| 2014 | 221.4% | GBX633.60 Million | GBX286.20 Million | GBX1.47 Billion | GBX834.50 Million | ▲ +84.2 pp |
| 2013 | 137.2% | GBX391.80 Million | GBX285.60 Million | GBX1.21 Billion | GBX816.00 Million | ▼ -41.3 pp |
| 2012 | 178.5% | GBX397.50 Million | GBX222.70 Million | GBX1.14 Billion | GBX742.40 Million | ▲ +77.6 pp |
| 2011 | 100.9% | GBX234.40 Million | GBX232.40 Million | GBX1.07 Billion | GBX832.90 Million | ▼ -111.4 pp |
| 2010 | 212.2% | GBX283.10 Million | GBX133.40 Million | GBX1.04 Billion | GBX758.10 Million | ▼ -44.1 pp |
| 2009 | 256.3% | GBX360.10 Million | GBX140.50 Million | GBX1.07 Billion | GBX713.50 Million | ▲ +361.6 pp |
| 2008 | -105.3% | GBX100.20 Million | GBX-95.20 Million | GBX963.60 Million | GBX863.40 Million | ▼ -234.1 pp |
| 2007 | 128.8% | GBX243.90 Million | GBX189.30 Million | GBX982.40 Million | GBX738.50 Million | ▲ +67.9 pp |
| 2006 | 60.9% | GBX156.10 Million | GBX256.20 Million | GBX911.60 Million | GBX755.50 Million | ▼ -19.7 pp |
| 2005 | 80.6% | GBX222.90 Million | GBX276.50 Million | GBX811.30 Million | GBX588.40 Million | ▼ -5.5 pp |
| 2004 | 86.1% | GBX133.60 Million | GBX155.10 Million | GBX710.20 Million | GBX576.60 Million | ▲ +111.7 pp |
| 2003 | -25.5% | GBX-70.20 Million | GBX275.10 Million | GBX594.70 Million | GBX664.90 Million | ▼ -71.5 pp |
| 2002 | 46.0% | GBX251.50 Million | GBX546.90 Million | GBX654.70 Million | GBX403.20 Million | ▲ +5.8 pp |
| 2001 | 40.1% | GBX200.60 Million | GBX499.70 Million | GBX547.20 Million | GBX346.60 Million | ▼ -7.5 pp |
| 2000 | 47.6% | GBX288.90 Million | GBX606.70 Million | GBX607.30 Million | GBX318.40 Million | ▲ +2.4 pp |
| 1999 | 45.2% | GBX245.50 Million | GBX542.80 Million | GBX538.70 Million | GBX293.20 Million | ▼ -15.9 pp |
| 1998 | 61.1% | GBX299.40 Million | GBX489.80 Million | GBX576.50 Million | GBX277.10 Million | ▼ -2.9 pp |
| 1997 | 64.0% | GBX269.50 Million | GBX420.80 Million | GBX514.80 Million | GBX245.30 Million | ▼ -0.7 pp |
| 1996 | 64.7% | GBX232.50 Million | GBX359.20 Million | GBX448.20 Million | GBX215.70 Million | ▲ +7.6 pp |
| 1995 | 57.1% | GBX166.90 Million | GBX292.20 Million | GBX347.00 Million | GBX180.10 Million | ▼ -7.9 pp |
| 1994 | 65.0% | GBX158.60 Million | GBX244.00 Million | GBX282.00 Million | GBX123.40 Million | ▲ +6.7 pp |
| 1993 | 58.3% | GBX115.80 Million | GBX198.60 Million | GBX221.00 Million | GBX105.20 Million | ▲ +14.9 pp |
| 1992 | 43.4% | GBX73.20 Million | GBX168.50 Million | GBX386.10 Million | GBX312.90 Million | ▼ -49.6 pp |
| 1991 | 93.1% | GBX148.90 Million | GBX160.00 Million | GBX834.40 Million | GBX685.50 Million | ▲ +10.7 pp |
| 1990 | 82.4% | GBX316.90 Million | GBX384.70 Million | GBX915.30 Million | GBX598.40 Million | ▲ +25.1 pp |
| 1989 | 57.3% | GBX214.70 Million | GBX374.80 Million | GBX491.90 Million | GBX277.20 Million | ▲ +4.5 pp |
| 1988 | 52.8% | GBX118.20 Million | GBX224.00 Million | GBX416.50 Million | GBX298.30 Million | ▲ +23.1 pp |
| 1987 | 29.6% | GBX59.30 Million | GBX200.10 Million | GBX234.90 Million | GBX175.60 Million | ▲ +0.0 pp |
| 1986 | 29.6% | GBX59.30 Million | GBX200.10 Million | GBX234.90 Million | GBX175.60 Million | ▲ +25.3 pp |
| 1986 | 4.3% | GBX5.96 Million | GBX137.99 Million | GBX48.64 Million | GBX42.67 Million | ▲ +0.0 pp |
| 1985 | 4.3% | GBX5.96 Million | GBX137.99 Million | GBX48.64 Million | GBX42.67 Million | — |