Phoenix Group Holdings PLC Working Capital to Net Assets Ratio
Phoenix Group Holdings PLC working capital to net assets ratio. Phoenix Group Holdings PLC (PHNX) has a Working Capital to Net Assets ratio of 569.0% as of June 2025. Working capital of GBX10.20 Billion (current assets of GBX13.94 Billion minus current liabilities of GBX3.75 Billion) is measured against net assets of GBX1.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Phoenix Group Holdings PLC 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 Phoenix Group Holdings PLC (2009–2024)
Working capital to net assets ratio of Phoenix Group Holdings PLC from 2009 to 2024. This chart shows how Phoenix Group Holdings PLC's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of June 2025, the ratio stands at 569.0%, reflecting working capital of GBX10.20 Billion against net assets of GBX1.79 Billion GBX. See Phoenix Group Holdings PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Phoenix Group Holdings PLC Working Capital to Net Assets Ratio by Year (2009–2024)
Phoenix Group Holdings PLC working capital to net assets ratio by year from 2009 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Phoenix Group Holdings PLC from 2009 to 2024, covering 16 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 Phoenix Group Holdings PLC assets under control.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -7876.6% | GBX-176.91 Billion | GBX2.25 Billion | GBX198.00 Million | GBX177.11 Billion | ▼ -3839.8 pp |
| 2023 | -4036.8% | GBX-142.86 Billion | GBX3.54 Billion | GBX22.91 Billion | GBX165.78 Billion | ▼ -4455.1 pp |
| 2022 | 418.3% | GBX19.63 Billion | GBX4.69 Billion | GBX25.70 Billion | GBX6.07 Billion | ▲ +247.5 pp |
| 2021 | 170.8% | GBX10.72 Billion | GBX6.28 Billion | GBX26.25 Billion | GBX15.54 Billion | ▼ -50.7 pp |
| 2020 | 221.4% | GBX16.34 Billion | GBX7.38 Billion | GBX20.26 Billion | GBX3.92 Billion | ▲ +62.3 pp |
| 2019 | 159.2% | GBX8.12 Billion | GBX5.10 Billion | GBX10.56 Billion | GBX2.44 Billion | ▲ +159.5 pp |
| 2018 | -0.3% | GBX-17.00 Million | GBX5.95 Billion | GBX354.00 Million | GBX371.00 Million | ▼ -6.1 pp |
| 2017 | 5.8% | GBX183.00 Million | GBX3.15 Billion | GBX367.00 Million | GBX184.00 Million | ▲ +7.7 pp |
| 2016 | -1.9% | GBX-62.00 Million | GBX3.33 Billion | GBX149.00 Million | GBX211.00 Million | ▼ -0.9 pp |
| 2015 | -1.0% | GBX-30.00 Million | GBX3.00 Billion | GBX104.00 Million | GBX134.00 Million | ▼ -4.4 pp |
| 2014 | 3.4% | GBX110.00 Million | GBX3.28 Billion | GBX246.00 Million | GBX136.00 Million | ▼ -336.4 pp |
| 2013 | 339.7% | GBX9.13 Billion | GBX2.69 Billion | GBX9.29 Billion | GBX166.00 Million | ▲ +175.3 pp |
| 2012 | 164.4% | GBX3.92 Billion | GBX2.38 Billion | GBX9.03 Billion | GBX5.11 Billion | ▼ -299.8 pp |
| 2011 | 464.2% | GBX10.98 Billion | GBX2.37 Billion | GBX11.72 Billion | GBX740.00 Million | ▲ +622.8 pp |
| 2010 | -158.6% | GBX-3.65 Billion | GBX2.30 Billion | GBX9.19 Billion | GBX12.84 Billion | ▼ -170.4 pp |
| 2009 | 11.8% | GBX253.00 Million | GBX2.14 Billion | GBX6.08 Billion | GBX5.83 Billion | — |