Pennon Group Plc (PNN) — Working Capital to Net Assets Ratio
Pennon Group Plc (PNN) has a Working Capital to Net Assets ratio of 29.3% as of September 2025. Working capital of GBX400.00 Million (current assets of GBX1.04 Billion minus current liabilities of GBX640.30 Million) is measured against net assets of GBX1.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Pennon Group Plc net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pennon Group Plc Working Capital to Net Assets (1986–2025)
This chart shows how Pennon Group Plc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 29.3%, reflecting working capital of GBX400.00 Million against net assets of GBX1.37 Billion GBX. Check PNN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pennon Group Plc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pennon Group Plc from 1986 to 2025, covering 40 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 market cap of Pennon Group Plc.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.0% | GBX304.60 Million | GBX1.45 Billion | GBX900.60 Million | GBX596.00 Million | ▲ +22.7 pp |
| 2024 | -1.7% | GBX-19.70 Million | GBX1.16 Billion | GBX567.70 Million | GBX587.40 Million | ▼ -9.4 pp |
| 2023 | 7.7% | GBX87.00 Million | GBX1.13 Billion | GBX442.50 Million | GBX355.50 Million | ▼ -22.8 pp |
| 2022 | 30.6% | GBX389.50 Million | GBX1.27 Billion | GBX804.70 Million | GBX415.20 Million | ▼ -67.2 pp |
| 2021 | 97.8% | GBX2.92 Billion | GBX2.98 Billion | GBX3.14 Billion | GBX223.80 Million | ▲ +50.0 pp |
| 2020 | 47.8% | GBX676.80 Million | GBX1.42 Billion | GBX861.20 Million | GBX184.40 Million | ▲ +5.6 pp |
| 2019 | 42.2% | GBX583.90 Million | GBX1.38 Billion | GBX1.09 Billion | GBX511.10 Million | ▲ +11.5 pp |
| 2018 | 30.7% | GBX412.60 Million | GBX1.34 Billion | GBX1.04 Billion | GBX626.20 Million | ▼ -6.7 pp |
| 2017 | 37.4% | GBX454.40 Million | GBX1.21 Billion | GBX974.30 Million | GBX519.90 Million | ▼ -8.6 pp |
| 2016 | 46.0% | GBX549.10 Million | GBX1.19 Billion | GBX985.80 Million | GBX436.70 Million | ▲ +2.8 pp |
| 2015 | 43.3% | GBX586.00 Million | GBX1.35 Billion | GBX1.08 Billion | GBX495.90 Million | ▲ +23.1 pp |
| 2014 | 20.2% | GBX241.90 Million | GBX1.20 Billion | GBX906.40 Million | GBX664.50 Million | ▼ -15.1 pp |
| 2013 | 35.3% | GBX378.50 Million | GBX1.07 Billion | GBX924.30 Million | GBX545.80 Million | ▲ +33.9 pp |
| 2012 | 1.4% | GBX11.80 Million | GBX822.10 Million | GBX683.00 Million | GBX671.20 Million | ▼ -41.6 pp |
| 2011 | 43.1% | GBX335.70 Million | GBX779.50 Million | GBX789.50 Million | GBX453.80 Million | ▲ +18.6 pp |
| 2010 | 24.5% | GBX162.10 Million | GBX662.90 Million | GBX698.40 Million | GBX536.30 Million | ▲ +17.7 pp |
| 2009 | 6.7% | GBX40.50 Million | GBX600.60 Million | GBX537.40 Million | GBX496.90 Million | ▼ -24.6 pp |
| 2008 | 31.3% | GBX200.70 Million | GBX640.30 Million | GBX540.60 Million | GBX339.90 Million | ▲ +40.4 pp |
| 2007 | -9.0% | GBX-56.70 Million | GBX627.20 Million | GBX255.50 Million | GBX312.20 Million | ▲ +1.5 pp |
| 2006 | -10.5% | GBX-61.20 Million | GBX581.20 Million | GBX202.00 Million | GBX263.20 Million | ▼ -37.8 pp |
| 2005 | 27.2% | GBX193.10 Million | GBX708.90 Million | GBX407.70 Million | GBX214.60 Million | ▲ +18.8 pp |
| 2004 | 8.4% | GBX75.90 Million | GBX899.60 Million | GBX369.50 Million | GBX293.60 Million | ▲ +6.5 pp |
| 2003 | 2.0% | GBX17.50 Million | GBX890.10 Million | GBX282.60 Million | GBX265.10 Million | ▼ -8.5 pp |
| 2002 | 10.5% | GBX102.10 Million | GBX976.20 Million | GBX376.80 Million | GBX274.70 Million | ▼ -0.7 pp |
| 2001 | 11.2% | GBX101.50 Million | GBX909.10 Million | GBX322.90 Million | GBX221.40 Million | ▲ +17.0 pp |
| 2000 | -5.8% | GBX-54.60 Million | GBX943.30 Million | GBX162.90 Million | GBX217.50 Million | ▼ -2.8 pp |
| 1999 | -2.9% | GBX-26.20 Million | GBX891.70 Million | GBX180.70 Million | GBX206.90 Million | ▲ +17.6 pp |
| 1998 | -20.5% | GBX-166.00 Million | GBX808.70 Million | GBX206.00 Million | GBX372.00 Million | ▼ -15.8 pp |
| 1997 | -4.7% | GBX-42.90 Million | GBX915.90 Million | GBX288.90 Million | GBX331.80 Million | ▼ -12.3 pp |
| 1996 | 7.6% | GBX63.60 Million | GBX840.10 Million | GBX288.70 Million | GBX225.10 Million | ▼ -33.8 pp |
| 1995 | 41.4% | GBX349.50 Million | GBX844.30 Million | GBX507.80 Million | GBX158.30 Million | ▼ -4.4 pp |
| 1994 | 45.8% | GBX375.90 Million | GBX821.30 Million | GBX544.90 Million | GBX169.00 Million | ▼ -4.8 pp |
| 1993 | 50.5% | GBX394.00 Million | GBX779.50 Million | GBX514.20 Million | GBX120.20 Million | ▼ -3.9 pp |
| 1992 | 54.5% | GBX402.10 Million | GBX738.20 Million | GBX528.70 Million | GBX126.60 Million | ▲ +9.5 pp |
| 1991 | 45.0% | GBX308.10 Million | GBX684.90 Million | GBX401.70 Million | GBX93.60 Million | ▲ +9.9 pp |
| 1990 | 35.1% | GBX221.60 Million | GBX631.90 Million | GBX285.40 Million | GBX63.80 Million | ▲ +54.7 pp |
| 1989 | -19.7% | GBX-42.10 Million | GBX214.20 Million | GBX23.10 Million | GBX65.20 Million | ▼ -8.4 pp |
| 1988 | -11.3% | GBX-19.90 Million | GBX176.60 Million | GBX23.10 Million | GBX43.00 Million | ▲ +5.4 pp |
| 1987 | -16.6% | GBX-23.80 Million | GBX143.10 Million | GBX17.80 Million | GBX41.60 Million | ▲ +3.3 pp |
| 1986 | -19.9% | GBX-22.90 Million | GBX115.00 Million | GBX17.50 Million | GBX40.40 Million | — |