Polar Capital Technology Trust Working Capital to Net Assets Ratio
Polar Capital Technology Trust working capital to net assets ratio. Polar Capital Technology Trust (PCT) has a Working Capital to Net Assets ratio of 6.9% as of October 2025. Working capital of GBX423.80 Million (current assets of GBX473.13 Million minus current liabilities of GBX49.33 Million) is measured against net assets of GBX6.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check PCT intangible-adjusted equity ratio 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 Polar Capital Technology Trust (2004–2025)
Working capital to net assets ratio of Polar Capital Technology Trust from 2004 to 2025. This chart shows how Polar Capital Technology Trust's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of October 2025, the ratio stands at 6.9%, reflecting working capital of GBX423.80 Million against net assets of GBX6.11 Billion GBX. See how many days can Polar Capital Technology Trust fund operations to measure how many days the company can operate on defensive assets alone.
Polar Capital Technology Trust Working Capital to Net Assets Ratio by Year (2004–2025)
Polar Capital Technology Trust working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Polar Capital Technology Trust from 2004 to 2025, covering 22 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 PCT asset base.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 5.5% | GBX209.17 Million | GBX3.80 Billion | GBX228.65 Million | GBX19.48 Million | ▲ +3.0 pp |
| 2024 | 2.5% | GBX93.66 Million | GBX3.80 Billion | GBX153.43 Million | GBX59.77 Million | ▼ -6.0 pp |
| 2023 | 8.4% | GBX238.81 Million | GBX2.83 Billion | GBX262.65 Million | GBX23.84 Million | ▲ +0.6 pp |
| 2022 | 7.9% | GBX239.91 Million | GBX3.05 Billion | GBX349.22 Million | GBX109.32 Million | ▲ +1.5 pp |
| 2021 | 6.4% | GBX216.84 Million | GBX3.41 Billion | GBX256.55 Million | GBX39.71 Million | ▲ +2.5 pp |
| 2020 | 3.9% | GBX90.29 Million | GBX2.31 Billion | GBX197.35 Million | GBX107.06 Million | ▼ -5.7 pp |
| 2019 | 9.6% | GBX186.09 Million | GBX1.94 Billion | GBX231.26 Million | GBX45.17 Million | ▲ +2.9 pp |
| 2018 | 6.7% | GBX103.49 Million | GBX1.55 Billion | GBX109.53 Million | GBX6.04 Million | ▲ +1.2 pp |
| 2017 | 5.5% | GBX68.86 Million | GBX1.25 Billion | GBX84.41 Million | GBX15.54 Million | ▼ -3.0 pp |
| 2016 | 8.5% | GBX67.76 Million | GBX801.31 Million | GBX83.14 Million | GBX15.38 Million | ▲ +3.9 pp |
| 2015 | 4.6% | GBX36.10 Million | GBX793.02 Million | GBX48.39 Million | GBX12.29 Million | ▼ -2.8 pp |
| 2014 | 7.3% | GBX44.51 Million | GBX606.63 Million | GBX62.18 Million | GBX17.67 Million | ▼ -0.1 pp |
| 2013 | 7.4% | GBX39.27 Million | GBX528.85 Million | GBX44.53 Million | GBX5.26 Million | ▼ -1.4 pp |
| 2012 | 8.9% | GBX44.63 Million | GBX503.29 Million | GBX50.56 Million | GBX5.93 Million | ▼ -0.5 pp |
| 2011 | 9.4% | GBX43.91 Million | GBX468.72 Million | GBX54.77 Million | GBX10.86 Million | ▼ -0.8 pp |
| 2010 | 10.2% | GBX40.62 Million | GBX398.63 Million | GBX48.60 Million | GBX7.98 Million | ▼ -2.3 pp |
| 2009 | 12.5% | GBX34.31 Million | GBX274.18 Million | GBX40.35 Million | GBX6.04 Million | ▼ -0.9 pp |
| 2008 | 13.4% | GBX40.20 Million | GBX300.43 Million | GBX50.73 Million | GBX10.53 Million | ▲ +7.1 pp |
| 2007 | 6.3% | GBX20.99 Million | GBX335.50 Million | GBX27.89 Million | GBX6.89 Million | ▼ -4.6 pp |
| 2006 | 10.9% | GBX38.91 Million | GBX358.20 Million | GBX46.40 Million | GBX7.49 Million | ▼ -14.9 pp |
| 2005 | 25.8% | GBX61.16 Million | GBX237.24 Million | GBX87.63 Million | GBX26.47 Million | ▲ +6.2 pp |
| 2004 | 19.6% | GBX66.98 Million | GBX341.23 Million | GBX108.82 Million | GBX41.84 Million | — |