PipeHawk plc (PIP) — Working Capital to Net Assets Ratio
PipeHawk plc (PIP) has a Working Capital to Net Assets ratio of 53.9% as of December 2025. Working capital of GBX-3.71 Million (current assets of GBX1.06 Million minus current liabilities of GBX4.77 Million) is measured against net assets of GBX-6.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is PipeHawk plc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PipeHawk plc Working Capital to Net Assets (1997–2025)
This chart shows how PipeHawk plc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 53.9%, reflecting working capital of GBX-3.71 Million against net assets of GBX-6.89 Million GBX. Check tangible net worth ratio of PipeHawk plc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PipeHawk plc (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PipeHawk plc from 1997 to 2025, covering 28 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 PIP stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.3% | GBX-3.47 Million | GBX-6.39 Million | GBX899.00K | GBX4.37 Million | ▲ +6.3 pp |
| 2024 | 48.0% | GBX-3.01 Million | GBX-6.27 Million | GBX1.29 Million | GBX4.30 Million | ▼ -30.6 pp |
| 2023 | 78.6% | GBX-4.28 Million | GBX-5.45 Million | GBX3.99 Million | GBX8.28 Million | ▲ +8.2 pp |
| 2022 | 70.4% | GBX-2.09 Million | GBX-2.97 Million | GBX3.44 Million | GBX5.53 Million | ▲ +13.5 pp |
| 2021 | 56.9% | GBX-1.26 Million | GBX-2.22 Million | GBX3.54 Million | GBX4.81 Million | ▼ -2.8 pp |
| 2020 | 59.7% | GBX-1.64 Million | GBX-2.74 Million | GBX2.45 Million | GBX4.09 Million | ▼ -11.9 pp |
| 2019 | 71.6% | GBX-2.40 Million | GBX-3.35 Million | GBX2.81 Million | GBX5.21 Million | ▲ +7.1 pp |
| 2018 | 64.6% | GBX-2.37 Million | GBX-3.68 Million | GBX1.74 Million | GBX4.12 Million | ▼ -7.3 pp |
| 2017 | 71.9% | GBX-2.57 Million | GBX-3.58 Million | GBX1.23 Million | GBX3.80 Million | ▼ -2.6 pp |
| 2016 | 74.4% | GBX-2.79 Million | GBX-3.75 Million | GBX1.53 Million | GBX4.33 Million | ▲ +65.9 pp |
| 2015 | 8.5% | GBX-255.00K | GBX-3.00 Million | GBX1.53 Million | GBX1.79 Million | ▲ +16.9 pp |
| 2014 | -8.4% | GBX211.00K | GBX-2.50 Million | GBX1.38 Million | GBX1.17 Million | ▲ +29.1 pp |
| 2013 | -37.5% | GBX741.00K | GBX-1.98 Million | GBX1.93 Million | GBX1.19 Million | ▲ +828.4 pp |
| 2012 | -865.9% | GBX381.00K | GBX-44.00K | GBX1.28 Million | GBX896.00K | ▼ -1772.9 pp |
| 2011 | 906.9% | GBX-653.00K | GBX-72.00K | GBX1.36 Million | GBX2.01 Million | ▲ +637.2 pp |
| 2010 | 269.7% | GBX-847.00K | GBX-314.00K | GBX918.00K | GBX1.76 Million | ▲ +1574.7 pp |
| 2009 | -1305.0% | GBX-2.09 Million | GBX160.00K | GBX1.13 Million | GBX3.22 Million | ▼ -1088.9 pp |
| 2008 | -216.1% | GBX-1.21 Million | GBX558.00K | GBX1.12 Million | GBX2.32 Million | ▼ -168.2 pp |
| 2007 | -47.9% | GBX-424.00K | GBX885.00K | GBX1.02 Million | GBX1.44 Million | ▼ -29.0 pp |
| 2006 | -18.9% | GBX-141.00K | GBX747.00K | GBX1.95 Million | GBX2.09 Million | ▼ -342.8 pp |
| 2005 | 323.9% | GBX-528.00K | GBX-163.00K | GBX732.00K | GBX1.26 Million | ▲ +438.9 pp |
| 2004 | -114.9% | GBX-154.00K | GBX134.00K | GBX566.00K | GBX720.00K | ▼ -64.6 pp |
| 2003 | -50.3% | GBX-85.00K | GBX169.00K | GBX719.00K | GBX804.00K | ▲ +13.2 pp |
| 2002 | -63.5% | GBX-160.00K | GBX252.00K | GBX961.00K | GBX1.12 Million | ▼ -154.1 pp |
| 2001 | 90.6% | GBX1.14 Million | GBX1.26 Million | GBX1.74 Million | GBX597.00K | ▼ -50.7 pp |
| 2000 | 141.3% | GBX-318.00K | GBX-225.00K | GBX450.00K | GBX768.00K | ▲ +153.8 pp |
| 1998 | -12.5% | GBX-6.00K | GBX48.00K | GBX397.00K | GBX403.00K | ▼ -109.5 pp |
| 1997 | 97.0% | GBX129.00K | GBX133.00K | GBX451.00K | GBX322.00K | — |