Qinetiq Group PLC Working Capital to Net Assets Ratio
Qinetiq Group PLC working capital to net assets ratio. Qinetiq Group PLC (QQ) has a Working Capital to Net Assets ratio of 15.4% as of March 2026. Working capital of GBX84.90 Million (current assets of GBX731.50 Million minus current liabilities of GBX646.60 Million) is measured against net assets of GBX553.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Qinetiq Group PLC (QQ) tangible net worth 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 Qinetiq Group PLC (2003–2026)
Working capital to net assets ratio of Qinetiq Group PLC from 2003 to 2026. This chart shows how Qinetiq Group PLC's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2003 to 2026. As of March 2026, the ratio stands at 15.4%, reflecting working capital of GBX84.90 Million against net assets of GBX553.00 Million GBX. See QQ defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Qinetiq Group PLC Working Capital to Net Assets Ratio by Year (2003–2026)
Qinetiq Group PLC working capital to net assets ratio by year from 2003 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Qinetiq Group PLC from 2003 to 2026, covering 24 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 QQ total assets.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 15.4% | GBX84.90 Million | GBX553.00 Million | GBX731.50 Million | GBX646.60 Million | ▲ +2.0 pp |
| 2025 | 13.4% | GBX83.80 Million | GBX626.50 Million | GBX756.20 Million | GBX672.40 Million | ▲ +2.2 pp |
| 2024 | 11.1% | GBX103.20 Million | GBX926.10 Million | GBX789.00 Million | GBX685.80 Million | ▲ +3.6 pp |
| 2023 | 7.6% | GBX73.30 Million | GBX968.30 Million | GBX681.00 Million | GBX607.70 Million | ▼ -8.7 pp |
| 2022 | 16.2% | GBX169.20 Million | GBX1.04 Billion | GBX677.80 Million | GBX508.60 Million | ▼ -0.4 pp |
| 2021 | 16.6% | GBX147.00 Million | GBX884.90 Million | GBX572.40 Million | GBX425.40 Million | ▲ +14.4 pp |
| 2020 | 2.3% | GBX20.00 Million | GBX887.10 Million | GBX414.60 Million | GBX394.60 Million | ▼ -6.9 pp |
| 2019 | 9.1% | GBX71.20 Million | GBX779.00 Million | GBX443.30 Million | GBX372.10 Million | ▼ -5.5 pp |
| 2018 | 14.6% | GBX108.90 Million | GBX744.30 Million | GBX461.30 Million | GBX352.40 Million | ▲ +4.2 pp |
| 2017 | 10.4% | GBX55.50 Million | GBX532.60 Million | GBX428.30 Million | GBX372.80 Million | ▼ -10.2 pp |
| 2016 | 20.7% | GBX67.10 Million | GBX324.80 Million | GBX451.20 Million | GBX384.10 Million | ▲ +19.3 pp |
| 2015 | 1.4% | GBX4.10 Million | GBX298.10 Million | GBX376.60 Million | GBX372.50 Million | ▼ -41.1 pp |
| 2014 | 42.4% | GBX160.50 Million | GBX378.10 Million | GBX597.70 Million | GBX437.20 Million | ▲ +27.1 pp |
| 2013 | 15.4% | GBX67.50 Million | GBX438.50 Million | GBX554.10 Million | GBX486.60 Million | ▲ +21.8 pp |
| 2012 | -6.4% | GBX-38.30 Million | GBX599.40 Million | GBX562.40 Million | GBX600.70 Million | ▲ +1.7 pp |
| 2011 | -8.1% | GBX-37.20 Million | GBX457.50 Million | GBX550.20 Million | GBX587.40 Million | ▼ -40.6 pp |
| 2010 | 32.5% | GBX153.80 Million | GBX473.70 Million | GBX582.70 Million | GBX428.90 Million | ▼ -34.2 pp |
| 2009 | 66.7% | GBX402.00 Million | GBX602.70 Million | GBX875.60 Million | GBX473.60 Million | ▲ +39.7 pp |
| 2008 | 27.0% | GBX144.10 Million | GBX533.00 Million | GBX562.10 Million | GBX418.00 Million | ▲ +5.1 pp |
| 2007 | 22.0% | GBX104.80 Million | GBX477.40 Million | GBX468.70 Million | GBX363.90 Million | ▼ -6.8 pp |
| 2006 | 28.8% | GBX104.50 Million | GBX362.90 Million | GBX431.10 Million | GBX326.60 Million | ▲ +21.9 pp |
| 2005 | 6.9% | GBX20.20 Million | GBX294.10 Million | GBX417.50 Million | GBX397.30 Million | ▼ -77.1 pp |
| 2004 | 84.0% | GBX189.10 Million | GBX225.20 Million | GBX466.10 Million | GBX277.00 Million | ▼ -4.3 pp |
| 2003 | 88.3% | GBX123.70 Million | GBX140.10 Million | GBX362.90 Million | GBX239.20 Million | — |