Rio Tinto PLC (RIO) — Working Capital to Net Assets Ratio
Rio Tinto PLC (RIO) has a Working Capital to Net Assets ratio of 11.7% as of June 2025. Working capital of GBX7.22 Billion (current assets of GBX20.96 Billion minus current liabilities of GBX13.74 Billion) is measured against net assets of GBX61.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Rio Tinto PLC's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rio Tinto PLC Working Capital to Net Assets (1985–2024)
This chart shows how Rio Tinto PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1985 to 2024. As of June 2025, the ratio stands at 11.7%, reflecting working capital of GBX7.22 Billion against net assets of GBX61.97 Billion GBX. Check RIO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Rio Tinto PLC (1985–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rio Tinto PLC from 1985 to 2024, 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 Rio Tinto PLC market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 12.7% | GBX7.38 Billion | GBX57.97 Billion | GBX19.12 Billion | GBX11.74 Billion | ▼ -2.8 pp |
| 2023 | 15.6% | GBX8.77 Billion | GBX56.34 Billion | GBX21.51 Billion | GBX12.74 Billion | ▲ +1.5 pp |
| 2022 | 14.1% | GBX7.37 Billion | GBX52.27 Billion | GBX18.97 Billion | GBX11.60 Billion | ▼ -6.8 pp |
| 2021 | 20.9% | GBX11.80 Billion | GBX56.59 Billion | GBX24.43 Billion | GBX12.63 Billion | ▲ +3.0 pp |
| 2020 | 17.8% | GBX9.25 Billion | GBX51.90 Billion | GBX20.86 Billion | GBX11.61 Billion | ▲ +4.2 pp |
| 2019 | 13.7% | GBX6.18 Billion | GBX45.24 Billion | GBX17.30 Billion | GBX11.12 Billion | ▼ -6.5 pp |
| 2018 | 20.1% | GBX10.04 Billion | GBX49.82 Billion | GBX20.90 Billion | GBX10.87 Billion | ▲ +4.8 pp |
| 2017 | 15.3% | GBX7.82 Billion | GBX51.12 Billion | GBX19.17 Billion | GBX11.35 Billion | ▲ +2.9 pp |
| 2016 | 12.4% | GBX5.69 Billion | GBX45.73 Billion | GBX15.09 Billion | GBX9.40 Billion | ▲ +0.2 pp |
| 2015 | 12.2% | GBX5.40 Billion | GBX44.13 Billion | GBX15.55 Billion | GBX10.16 Billion | ▼ -3.4 pp |
| 2014 | 15.7% | GBX8.54 Billion | GBX54.59 Billion | GBX21.12 Billion | GBX12.58 Billion | ▲ +2.7 pp |
| 2013 | 12.9% | GBX6.91 Billion | GBX53.50 Billion | GBX22.28 Billion | GBX15.37 Billion | ▲ +2.6 pp |
| 2012 | 10.3% | GBX5.96 Billion | GBX58.02 Billion | GBX20.19 Billion | GBX14.23 Billion | ▼ -1.5 pp |
| 2011 | 11.8% | GBX6.99 Billion | GBX59.21 Billion | GBX21.99 Billion | GBX15.00 Billion | ▼ -3.0 pp |
| 2010 | 14.8% | GBX9.66 Billion | GBX65.27 Billion | GBX21.46 Billion | GBX11.79 Billion | ▲ +3.0 pp |
| 2009 | 11.8% | GBX5.40 Billion | GBX45.92 Billion | GBX14.93 Billion | GBX9.53 Billion | ▲ +28.1 pp |
| 2008 | -16.3% | GBX-3.67 Billion | GBX22.46 Billion | GBX18.43 Billion | GBX22.10 Billion | ▼ -25.4 pp |
| 2007 | 9.1% | GBX2.38 Billion | GBX26.29 Billion | GBX21.93 Billion | GBX19.55 Billion | ▲ +3.4 pp |
| 2006 | 5.6% | GBX1.09 Billion | GBX19.39 Billion | GBX6.88 Billion | GBX5.78 Billion | ▼ -11.5 pp |
| 2005 | 17.1% | GBX2.69 Billion | GBX15.74 Billion | GBX7.48 Billion | GBX4.79 Billion | ▲ +3.1 pp |
| 2004 | 14.0% | GBX1.76 Billion | GBX12.59 Billion | GBX4.51 Billion | GBX2.75 Billion | ▲ +8.9 pp |
| 2003 | 5.0% | GBX557.00 Million | GBX11.04 Billion | GBX4.89 Billion | GBX4.33 Billion | ▲ +16.8 pp |
| 2002 | -11.7% | GBX-968.48 Million | GBX8.24 Billion | GBX4.37 Billion | GBX5.34 Billion | ▲ +3.9 pp |
| 2001 | -15.6% | GBX-1.25 Billion | GBX8.00 Billion | GBX4.66 Billion | GBX5.91 Billion | ▲ +10.4 pp |
| 2000 | -26.0% | GBX-3.19 Billion | GBX12.25 Billion | GBX6.45 Billion | GBX9.64 Billion | ▼ -30.1 pp |
| 1999 | 4.1% | GBX524.06 Million | GBX12.65 Billion | GBX6.21 Billion | GBX5.68 Billion | ▲ +9.0 pp |
| 1998 | -4.9% | GBX-571.68 Million | GBX11.78 Billion | GBX7.37 Billion | GBX7.94 Billion | ▼ -6.5 pp |
| 1997 | 1.7% | GBX224.73 Million | GBX13.29 Billion | GBX8.31 Billion | GBX8.08 Billion | ▼ -17.5 pp |
| 1996 | 19.2% | GBX1.60 Billion | GBX8.32 Billion | GBX5.90 Billion | GBX4.30 Billion | ▼ -8.6 pp |
| 1995 | 27.8% | GBX2.13 Billion | GBX7.66 Billion | GBX5.76 Billion | GBX3.63 Billion | ▲ +11.3 pp |
| 1994 | 16.5% | GBX917.72 Million | GBX5.57 Billion | GBX3.56 Billion | GBX2.65 Billion | ▼ -6.9 pp |
| 1993 | 23.4% | GBX1.14 Billion | GBX4.89 Billion | GBX3.15 Billion | GBX2.00 Billion | ▼ -15.4 pp |
| 1992 | 38.8% | GBX1.70 Billion | GBX4.38 Billion | GBX3.32 Billion | GBX1.62 Billion | ▼ -6.5 pp |
| 1991 | 45.3% | GBX2.40 Billion | GBX5.29 Billion | GBX4.06 Billion | GBX1.66 Billion | ▼ -4.1 pp |
| 1990 | 49.3% | GBX2.71 Billion | GBX5.49 Billion | GBX4.54 Billion | GBX1.83 Billion | ▼ -22.2 pp |
| 1989 | 71.5% | GBX3.35 Billion | GBX4.69 Billion | GBX5.28 Billion | GBX1.93 Billion | ▲ +21.7 pp |
| 1988 | 49.9% | GBX2.14 Billion | GBX4.29 Billion | GBX4.16 Billion | GBX2.01 Billion | ▲ +16.9 pp |
| 1987 | 32.9% | GBX1.20 Billion | GBX3.65 Billion | GBX3.11 Billion | GBX1.90 Billion | ▼ -12.8 pp |
| 1986 | 45.7% | GBX1.34 Billion | GBX2.94 Billion | GBX2.69 Billion | GBX1.34 Billion | ▲ +9.0 pp |
| 1985 | 36.8% | GBX951.41 Million | GBX2.59 Billion | GBX2.28 Billion | GBX1.33 Billion | — |