Qinetiq Group PLC (QQ) — 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. See QQ free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qinetiq Group PLC Working Capital to Net Assets (2003–2026)
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.
Annual Working Capital to Net Assets for Qinetiq Group PLC (2003–2026)
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 live market cap and the full company profile, see QQ market cap.
| 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 | — |