Polar Capital Technology Trust (PCT) — 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. See Polar Capital Technology Trust (PCT) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Polar Capital Technology Trust Working Capital to Net Assets (2004–2025)
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. For the complete balance sheet picture, see PCT total asset value.
Annual Working Capital to Net Assets for Polar Capital Technology Trust (2004–2025)
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. Check Polar Capital Technology Trust asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |