Smiths News PLC (SNWS) — Working Capital to Net Assets Ratio
Smiths News PLC (SNWS) has a Working Capital to Net Assets ratio of -86.3% as of August 2025. Working capital of GBX-8.20 Million (current assets of GBX125.10 Million minus current liabilities of GBX133.30 Million) is measured against net assets of GBX9.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Smiths News PLC (SNWS) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smiths News PLC Working Capital to Net Assets (1986–2025)
This chart shows how Smiths News PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of August 2025, the ratio stands at -86.3%, reflecting working capital of GBX-8.20 Million against net assets of GBX9.50 Million GBX. Check tangible equity quality of Smiths News PLC to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Smiths News PLC (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smiths News PLC from 1986 to 2025, 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 market cap of Smiths News PLC.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -86.3% | GBX-8.20 Million | GBX9.50 Million | GBX125.10 Million | GBX133.30 Million | ▼ -183.3 pp |
| 2024 | 97.0% | GBX-3.20 Million | GBX-3.30 Million | GBX132.10 Million | GBX135.30 Million | ▲ +83.5 pp |
| 2023 | 13.5% | GBX-2.20 Million | GBX-16.30 Million | GBX156.70 Million | GBX158.90 Million | ▼ -16.8 pp |
| 2022 | 30.3% | GBX-9.70 Million | GBX-32.00 Million | GBX147.50 Million | GBX157.20 Million | ▼ -18.9 pp |
| 2021 | 49.2% | GBX-28.40 Million | GBX-57.70 Million | GBX139.10 Million | GBX167.50 Million | ▼ -95.4 pp |
| 2020 | 144.6% | GBX-118.00 Million | GBX-81.60 Million | GBX165.90 Million | GBX283.90 Million | ▲ +79.3 pp |
| 2019 | 65.3% | GBX-48.50 Million | GBX-74.30 Million | GBX181.20 Million | GBX229.70 Million | ▼ -104.2 pp |
| 2018 | 169.5% | GBX-77.80 Million | GBX-45.90 Million | GBX113.80 Million | GBX191.60 Million | ▲ +349.2 pp |
| 2017 | -179.7% | GBX-45.10 Million | GBX25.10 Million | GBX182.10 Million | GBX227.20 Million | ▲ +524.9 pp |
| 2016 | -704.6% | GBX-91.60 Million | GBX13.00 Million | GBX190.70 Million | GBX282.30 Million | ▲ +184.5 pp |
| 2015 | -889.1% | GBX-81.80 Million | GBX9.20 Million | GBX200.20 Million | GBX282.00 Million | ▼ -1064.7 pp |
| 2014 | 175.5% | GBX-73.90 Million | GBX-42.10 Million | GBX193.80 Million | GBX267.70 Million | ▼ -3.0 pp |
| 2013 | 178.6% | GBX-101.60 Million | GBX-56.90 Million | GBX181.40 Million | GBX283.00 Million | ▼ -7.5 pp |
| 2012 | 186.1% | GBX-96.40 Million | GBX-51.80 Million | GBX170.00 Million | GBX266.40 Million | ▲ +67.5 pp |
| 2011 | 118.6% | GBX-71.40 Million | GBX-60.20 Million | GBX149.40 Million | GBX220.80 Million | ▼ -34.3 pp |
| 2010 | 152.9% | GBX-95.40 Million | GBX-62.40 Million | GBX142.20 Million | GBX237.60 Million | ▲ +60.5 pp |
| 2009 | 92.4% | GBX-63.20 Million | GBX-68.40 Million | GBX150.20 Million | GBX213.40 Million | ▲ +18.0 pp |
| 2008 | 74.4% | GBX-50.80 Million | GBX-68.30 Million | GBX76.10 Million | GBX126.90 Million | ▲ +0.9 pp |
| 2007 | 73.5% | GBX-56.90 Million | GBX-77.40 Million | GBX66.40 Million | GBX123.30 Million | ▲ +34.9 pp |
| 2006 | 38.6% | GBX-41.40 Million | GBX-107.30 Million | GBX93.00 Million | GBX134.40 Million | ▲ +167.4 pp |
| 2005 | -128.8% | GBX-67.00 Million | GBX52.00 Million | GBX319.00 Million | GBX386.00 Million | ▼ -140.2 pp |
| 2004 | 11.4% | GBX46.00 Million | GBX405.00 Million | GBX460.00 Million | GBX414.00 Million | ▼ -4.4 pp |
| 2003 | 15.7% | GBX93.00 Million | GBX591.00 Million | GBX556.00 Million | GBX463.00 Million | ▲ +5.9 pp |
| 2002 | 9.8% | GBX60.00 Million | GBX613.00 Million | GBX544.00 Million | GBX484.00 Million | ▼ -5.4 pp |
| 2001 | 15.2% | GBX94.00 Million | GBX619.00 Million | GBX578.00 Million | GBX484.00 Million | ▼ -6.8 pp |
| 2000 | 22.0% | GBX133.00 Million | GBX604.00 Million | GBX528.00 Million | GBX395.00 Million | ▲ +1.2 pp |
| 1999 | 20.8% | GBX113.00 Million | GBX542.00 Million | GBX520.00 Million | GBX407.00 Million | ▼ -26.8 pp |
| 1998 | 47.7% | GBX244.00 Million | GBX512.00 Million | GBX668.00 Million | GBX424.00 Million | ▲ +28.1 pp |
| 1997 | 19.6% | GBX73.00 Million | GBX373.00 Million | GBX584.00 Million | GBX511.00 Million | ▼ -11.2 pp |
| 1996 | 30.8% | GBX125.00 Million | GBX406.00 Million | GBX583.00 Million | GBX458.00 Million | ▲ +8.6 pp |
| 1995 | 22.2% | GBX109.90 Million | GBX494.40 Million | GBX604.10 Million | GBX494.20 Million | ▲ +10.7 pp |
| 1994 | 11.5% | GBX54.70 Million | GBX474.20 Million | GBX543.20 Million | GBX488.50 Million | ▲ +2.2 pp |
| 1993 | 9.3% | GBX45.30 Million | GBX484.90 Million | GBX535.30 Million | GBX490.00 Million | ▼ -2.2 pp |
| 1992 | 11.5% | GBX50.50 Million | GBX438.10 Million | GBX460.30 Million | GBX409.80 Million | ▲ +4.4 pp |
| 1991 | 7.2% | GBX18.20 Million | GBX254.50 Million | GBX439.10 Million | GBX420.90 Million | ▼ -4.4 pp |
| 1990 | 11.5% | GBX34.60 Million | GBX299.70 Million | GBX480.10 Million | GBX445.50 Million | ▲ +3.3 pp |
| 1989 | 8.3% | GBX23.50 Million | GBX283.50 Million | GBX404.20 Million | GBX380.70 Million | ▲ +3.5 pp |
| 1988 | 4.8% | GBX11.49 Million | GBX238.23 Million | GBX325.38 Million | GBX313.89 Million | ▼ -4.4 pp |
| 1987 | 9.2% | GBX21.01 Million | GBX227.45 Million | GBX292.04 Million | GBX271.02 Million | ▲ +7.0 pp |
| 1986 | 2.2% | GBX3.45 Million | GBX153.63 Million | GBX249.96 Million | GBX246.51 Million | — |