Seplat Petroleum Development Company PLC (SEPL) — Working Capital to Net Assets Ratio
Seplat Petroleum Development Company PLC (SEPL) has a Working Capital to Net Assets ratio of 16.8% as of September 2025. Working capital of GBX229.68 Million (current assets of GBX1.37 Billion minus current liabilities of GBX1.14 Billion) is measured against net assets of GBX1.37 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Seplat Petroleum Development Company PLC balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Seplat Petroleum Development Company PLC Working Capital to Net Assets (2011–2024)
This chart shows how Seplat Petroleum Development Company PLC's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 16.8%, reflecting working capital of GBX229.68 Million against net assets of GBX1.37 Billion GBX. Check Seplat Petroleum Development Company PLC (SEPL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Seplat Petroleum Development Company PLC (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Seplat Petroleum Development Company PLC from 2011 to 2024, covering 14 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 Seplat Petroleum Development Company PLC (SEPL) total market value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 10.4% | GBX192.15 Million | GBX1.84 Billion | GBX1.89 Billion | GBX1.70 Billion | ▼ -3.7 pp |
| 2023 | 14.2% | GBX253.72 Million | GBX1.79 Billion | GBX958.32 Million | GBX704.59 Million | ▼ -2.0 pp |
| 2022 | 16.2% | GBX284.90 Million | GBX1.76 Billion | GBX882.84 Million | GBX597.94 Million | ▲ +4.7 pp |
| 2021 | 11.5% | GBX195.93 Million | GBX1.71 Billion | GBX676.84 Million | GBX480.90 Million | ▲ +3.9 pp |
| 2020 | 7.6% | GBX126.32 Million | GBX1.66 Billion | GBX597.77 Million | GBX471.45 Million | ▼ -9.6 pp |
| 2019 | 17.2% | GBX309.59 Million | GBX1.80 Billion | GBX933.44 Million | GBX623.85 Million | ▼ -16.2 pp |
| 2018 | 33.4% | GBX534.39 Million | GBX1.60 Billion | GBX858.10 Million | GBX323.70 Million | ▲ +22.1 pp |
| 2017 | 11.3% | GBX169.72 Million | GBX1.50 Billion | GBX849.84 Million | GBX680.13 Million | ▼ -3.4 pp |
| 2016 | 14.7% | GBX181.79 Million | GBX1.23 Billion | GBX663.20 Million | GBX481.41 Million | ▼ -26.9 pp |
| 2015 | 41.6% | GBX588.54 Million | GBX1.41 Billion | GBX1.25 Billion | GBX666.04 Million | ▼ -6.8 pp |
| 2014 | 48.4% | GBX682.37 Million | GBX1.41 Billion | GBX1.42 Billion | GBX738.71 Million | ▲ +1.8 pp |
| 2013 | 46.7% | GBX563.59 Million | GBX1.21 Billion | GBX1.03 Billion | GBX470.65 Million | ▲ +26.5 pp |
| 2012 | 20.2% | GBX36.76 Million | GBX181.87 Million | GBX473.58 Million | GBX436.82 Million | ▼ -36.3 pp |
| 2011 | 56.5% | GBX60.32 Million | GBX106.77 Million | GBX312.82 Million | GBX252.50 Million | — |