River and Mercantile UK Micro Cap Investment Company Ltd (RMMC) — Working Capital to Net Assets Ratio
River and Mercantile UK Micro Cap Investment Company Ltd (RMMC) has a Working Capital to Net Assets ratio of 2.5% as of March 2024. Working capital of GBX1.63 Million (current assets of GBX1.88 Million minus current liabilities of GBX249.26K) is measured against net assets of GBX63.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See River and Mercantile UK Micro Cap Invest defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
River and Mercantile UK Micro Cap Investment Company Ltd Working Capital to Net Assets (2017–2023)
This chart shows how River and Mercantile UK Micro Cap Investment Company Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2017 to 2023. As of March 2024, the ratio stands at 2.5%, reflecting working capital of GBX1.63 Million against net assets of GBX63.79 Million GBX. For the complete balance sheet picture, see River and Mercantile UK Micro Cap Invest asset portfolio.
Annual Working Capital to Net Assets for River and Mercantile UK Micro Cap Investment Company Ltd (2017–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for River and Mercantile UK Micro Cap Investment Company Ltd from 2017 to 2023, covering 10 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. Explore River and Mercantile UK Micro Cap Invest long-term investment allocation to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 1.0% | GBX614.66K | GBX60.05 Million | GBX667.50K | GBX52.84K | ▼ -2.3 pp |
| 2022 | 3.4% | GBX1.94 Million | GBX57.84 Million | GBX2.37 Million | GBX433.56K | ▲ +0.0 pp |
| 2022 | 3.4% | GBX1.94 Million | GBX57.84 Million | GBX2.37 Million | GBX433.56K | ▼ -4.9 pp |
| 2021 | 8.2% | GBX9.15 Million | GBX111.29 Million | GBX10.23 Million | GBX1.07 Million | ▲ +4.1 pp |
| 2020 | 4.1% | GBX3.97 Million | GBX95.61 Million | GBX4.07 Million | GBX104.94K | ▲ +0.0 pp |
| 2020 | 4.1% | GBX3.97 Million | GBX95.61 Million | GBX4.07 Million | GBX104.94K | ▼ -3.4 pp |
| 2019 | 7.6% | GBX6.67 Million | GBX87.82 Million | GBX6.78 Million | GBX108.09K | ▲ +0.0 pp |
| 2019 | 7.6% | GBX6.67 Million | GBX87.82 Million | GBX6.78 Million | GBX108.09K | ▲ +3.7 pp |
| 2018 | 3.9% | GBX4.19 Million | GBX106.42 Million | GBX5.62 Million | GBX1.42 Million | ▼ -7.1 pp |
| 2017 | 11.0% | GBX12.07 Million | GBX109.68 Million | GBX12.88 Million | GBX809.78K | — |