PHSC PLC (PHSC) — Working Capital to Net Assets Ratio
PHSC PLC (PHSC) has a Working Capital to Net Assets ratio of 17.5% as of September 2025. Working capital of GBX511.00K (current assets of GBX1.16 Million minus current liabilities of GBX646.00K) is measured against net assets of GBX2.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See PHSC FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PHSC PLC Working Capital to Net Assets (2003–2025)
This chart shows how PHSC PLC's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 17.5%, reflecting working capital of GBX511.00K against net assets of GBX2.91 Million GBX. See PHSC PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PHSC PLC (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PHSC PLC from 2003 to 2025, covering 23 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 PHSC PLC stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 20.7% | GBX626.30K | GBX3.02 Million | GBX1.24 Million | GBX614.54K | ▼ -2.3 pp |
| 2024 | 23.0% | GBX754.33K | GBX3.28 Million | GBX1.50 Million | GBX748.55K | ▼ -4.7 pp |
| 2023 | 27.8% | GBX1.01 Million | GBX3.64 Million | GBX1.62 Million | GBX613.48K | ▲ +3.3 pp |
| 2022 | 24.4% | GBX858.61K | GBX3.51 Million | GBX1.56 Million | GBX702.82K | ▼ -5.0 pp |
| 2021 | 29.5% | GBX1.45 Million | GBX4.92 Million | GBX2.09 Million | GBX638.11K | ▲ +5.2 pp |
| 2020 | 24.3% | GBX1.21 Million | GBX4.98 Million | GBX1.91 Million | GBX697.26K | ▲ +0.9 pp |
| 2019 | 23.4% | GBX1.20 Million | GBX5.14 Million | GBX1.93 Million | GBX729.87K | ▲ +3.6 pp |
| 2018 | 19.8% | GBX1.05 Million | GBX5.29 Million | GBX2.20 Million | GBX1.15 Million | ▲ +0.8 pp |
| 2017 | 19.1% | GBX1.05 Million | GBX5.52 Million | GBX2.14 Million | GBX1.09 Million | ▲ +1.9 pp |
| 2016 | 17.1% | GBX1.04 Million | GBX6.08 Million | GBX2.57 Million | GBX1.53 Million | ▼ -4.0 pp |
| 2015 | 21.2% | GBX1.40 Million | GBX6.60 Million | GBX2.66 Million | GBX1.26 Million | ▲ +2.5 pp |
| 2014 | 18.7% | GBX1.20 Million | GBX6.44 Million | GBX2.80 Million | GBX1.60 Million | ▲ +6.6 pp |
| 2013 | 12.1% | GBX679.20K | GBX5.63 Million | GBX2.41 Million | GBX1.73 Million | ▼ -13.2 pp |
| 2012 | 25.3% | GBX1.36 Million | GBX5.37 Million | GBX2.13 Million | GBX779.00K | ▲ +2.1 pp |
| 2011 | 23.2% | GBX1.22 Million | GBX5.27 Million | GBX3.07 Million | GBX1.85 Million | ▼ -0.4 pp |
| 2010 | 23.5% | GBX1.21 Million | GBX5.13 Million | GBX2.49 Million | GBX1.29 Million | ▼ -7.8 pp |
| 2009 | 31.3% | GBX1.56 Million | GBX5.00 Million | GBX2.35 Million | GBX786.00K | ▼ -3.8 pp |
| 2008 | 35.1% | GBX1.72 Million | GBX4.89 Million | GBX2.59 Million | GBX873.00K | ▼ -5.6 pp |
| 2007 | 40.7% | GBX1.84 Million | GBX4.52 Million | GBX2.81 Million | GBX968.00K | ▲ +18.8 pp |
| 2006 | 22.0% | GBX723.00K | GBX3.29 Million | GBX1.47 Million | GBX750.00K | ▼ -14.5 pp |
| 2005 | 36.4% | GBX856.00K | GBX2.35 Million | GBX1.22 Million | GBX359.00K | ▲ +0.2 pp |
| 2004 | 36.3% | GBX603.00K | GBX1.66 Million | GBX831.00K | GBX228.00K | ▼ -15.9 pp |
| 2003 | 52.1% | GBX419.00K | GBX804.00K | GBX610.00K | GBX191.00K | — |