Polar Capital Global Financials Trust plc (PCFT) — Working Capital to Net Assets Ratio
Polar Capital Global Financials Trust plc (PCFT) has a Working Capital to Net Assets ratio of -4.4% as of November 2025. Working capital of GBX-16.39 Million (current assets of GBX24.02 Million minus current liabilities of GBX40.41 Million) is measured against net assets of GBX376.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PCFT equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Polar Capital Global Financials Trust plc Working Capital to Net Assets (2013–2025)
This chart shows how Polar Capital Global Financials Trust plc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of November 2025, the ratio stands at -4.4%, reflecting working capital of GBX-16.39 Million against net assets of GBX376.29 Million GBX. Check PCFT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Polar Capital Global Financials Trust plc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Polar Capital Global Financials Trust plc from 2013 to 2025, covering 13 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 Polar Capital Global Financials Trust pl stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -4.4% | GBX-16.39 Million | GBX376.29 Million | GBX24.02 Million | GBX40.41 Million | ▲ +4.4 pp |
| 2024 | -8.8% | GBX-55.21 Million | GBX629.68 Million | GBX26.44 Million | GBX81.65 Million | ▼ -17.2 pp |
| 2023 | 8.4% | GBX40.97 Million | GBX488.20 Million | GBX46.19 Million | GBX5.22 Million | ▲ +3.0 pp |
| 2022 | 5.4% | GBX29.11 Million | GBX541.27 Million | GBX31.57 Million | GBX2.46 Million | ▼ -0.4 pp |
| 2021 | 5.8% | GBX26.54 Million | GBX457.25 Million | GBX27.20 Million | GBX659.00K | ▲ +18.6 pp |
| 2020 | -12.8% | GBX-21.27 Million | GBX165.74 Million | GBX556.00K | GBX21.83 Million | ▼ -12.9 pp |
| 2019 | 0.0% | GBX138.00K | GBX301.17 Million | GBX2.55 Million | GBX2.41 Million | ▼ -2.4 pp |
| 2018 | 2.5% | GBX6.96 Million | GBX280.98 Million | GBX7.42 Million | GBX456.00K | ▲ +1.6 pp |
| 2017 | 0.8% | GBX2.47 Million | GBX293.29 Million | GBX5.67 Million | GBX3.20 Million | ▼ -1.0 pp |
| 2016 | 1.8% | GBX4.15 Million | GBX227.29 Million | GBX7.19 Million | GBX3.04 Million | ▼ -0.2 pp |
| 2015 | 2.0% | GBX3.97 Million | GBX193.66 Million | GBX5.82 Million | GBX1.85 Million | ▲ +0.5 pp |
| 2014 | 1.6% | GBX3.04 Million | GBX190.41 Million | GBX3.44 Million | GBX400.00K | ▼ -2.4 pp |
| 2013 | 4.0% | GBX6.76 Million | GBX169.52 Million | GBX8.38 Million | GBX1.62 Million | — |