Qinetiq Group PLC (QQ) — Working Capital to Net Assets Ratio
Qinetiq Group PLC (QQ) has a Working Capital to Net Assets ratio of 11.6% as of September 2025. Working capital of GBX64.60 Million (current assets of GBX671.30 Million minus current liabilities of GBX606.70 Million) is measured against net assets of GBX558.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qinetiq 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
Qinetiq Group PLC Working Capital to Net Assets (2003–2025)
This chart shows how Qinetiq Group 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 11.6%, reflecting working capital of GBX64.60 Million against net assets of GBX558.80 Million GBX. Check QQ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Qinetiq Group PLC (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qinetiq Group 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 Qinetiq Group PLC market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |