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 3.5% as of June 2026. Working capital of GBX64.88 Million (current assets of GBX1.47 Billion minus current liabilities of GBX1.40 Billion) is measured against net assets of GBX1.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Seplat Petroleum Development Company PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Seplat Petroleum Development Company PLC Working Capital to Net Assets (2011–2025)
This chart shows how Seplat Petroleum Development Company PLC's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 3.5%, reflecting working capital of GBX64.88 Million against net assets of GBX1.87 Billion GBX. For the complete balance sheet picture, see SEPL current and non-current assets.
Annual Working Capital to Net Assets for Seplat Petroleum Development Company PLC (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Seplat Petroleum Development Company PLC from 2011 to 2025, covering 15 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. Check SEPL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 6.0% | GBX111.16 Million | GBX1.84 Billion | GBX1.34 Billion | GBX1.23 Billion | ▼ -4.4 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 | — |