Spirent Communications plc (SPT) — Working Capital to Net Assets Ratio
Spirent Communications plc (SPT) has a Working Capital to Net Assets ratio of 37.3% as of June 2025. Working capital of GBX148.10 Million (current assets of GBX302.10 Million minus current liabilities of GBX154.00 Million) is measured against net assets of GBX396.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spirent Communications plc (SPT) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spirent Communications plc Working Capital to Net Assets (1985–2024)
This chart shows how Spirent Communications 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 37.3%, reflecting working capital of GBX148.10 Million against net assets of GBX396.90 Million GBX. Check tangible net worth ratio of Spirent Communications plc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spirent Communications plc (1985–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spirent Communications 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 how much is Spirent Communications plc worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 38.4% | GBX150.60 Million | GBX392.50 Million | GBX315.90 Million | GBX165.30 Million | ▲ +1.6 pp |
| 2023 | 36.8% | GBX138.30 Million | GBX375.80 Million | GBX287.30 Million | GBX149.00 Million | ▼ -11.2 pp |
| 2022 | 48.0% | GBX223.10 Million | GBX465.20 Million | GBX413.50 Million | GBX190.40 Million | ▲ +5.1 pp |
| 2021 | 42.9% | GBX191.90 Million | GBX447.50 Million | GBX368.60 Million | GBX176.70 Million | ▼ -11.7 pp |
| 2020 | 54.6% | GBX241.80 Million | GBX442.80 Million | GBX397.00 Million | GBX155.20 Million | ▲ +6.6 pp |
| 2019 | 48.0% | GBX193.30 Million | GBX402.30 Million | GBX347.70 Million | GBX154.40 Million | ▲ +3.3 pp |
| 2018 | 44.7% | GBX158.90 Million | GBX355.30 Million | GBX289.10 Million | GBX130.20 Million | ▲ +3.2 pp |
| 2017 | 41.5% | GBX146.90 Million | GBX354.10 Million | GBX283.80 Million | GBX136.90 Million | ▲ +6.4 pp |
| 2016 | 35.1% | GBX119.80 Million | GBX341.60 Million | GBX252.80 Million | GBX133.00 Million | ▲ +5.9 pp |
| 2015 | 29.2% | GBX120.40 Million | GBX412.10 Million | GBX253.50 Million | GBX133.10 Million | ▲ +2.0 pp |
| 2014 | 27.2% | GBX118.10 Million | GBX434.40 Million | GBX255.90 Million | GBX137.80 Million | ▼ -19.3 pp |
| 2013 | 46.5% | GBX210.20 Million | GBX452.40 Million | GBX350.50 Million | GBX140.30 Million | ▼ -5.6 pp |
| 2012 | 52.1% | GBX258.00 Million | GBX495.60 Million | GBX378.20 Million | GBX120.20 Million | ▼ -8.1 pp |
| 2011 | 60.2% | GBX254.10 Million | GBX422.20 Million | GBX386.20 Million | GBX132.10 Million | ▲ +3.0 pp |
| 2010 | 57.2% | GBX232.90 Million | GBX407.10 Million | GBX359.70 Million | GBX126.80 Million | ▲ +5.7 pp |
| 2009 | 51.5% | GBX181.91 Million | GBX353.31 Million | GBX285.56 Million | GBX103.65 Million | ▲ +11.2 pp |
| 2008 | 40.3% | GBX100.90 Million | GBX250.41 Million | GBX214.24 Million | GBX113.35 Million | ▲ +2.0 pp |
| 2007 | 38.3% | GBX107.29 Million | GBX280.02 Million | GBX291.52 Million | GBX184.23 Million | ▼ -10.2 pp |
| 2006 | 48.5% | GBX173.78 Million | GBX358.14 Million | GBX366.18 Million | GBX192.39 Million | ▼ -117.5 pp |
| 2005 | 166.0% | GBX349.13 Million | GBX210.27 Million | GBX514.83 Million | GBX165.70 Million | ▲ +121.7 pp |
| 2004 | 44.3% | GBX136.37 Million | GBX307.66 Million | GBX372.30 Million | GBX235.92 Million | ▲ +2.1 pp |
| 2003 | 42.2% | GBX118.57 Million | GBX280.89 Million | GBX320.54 Million | GBX201.96 Million | ▼ -52.1 pp |
| 2002 | 94.3% | GBX214.38 Million | GBX227.43 Million | GBX390.43 Million | GBX176.05 Million | ▲ +86.4 pp |
| 2001 | 7.9% | GBX125.54 Million | GBX1.59 Billion | GBX384.17 Million | GBX258.63 Million | ▼ -0.6 pp |
| 2000 | 8.5% | GBX233.15 Million | GBX2.75 Billion | GBX560.85 Million | GBX327.70 Million | ▲ +8.1 pp |
| 1999 | 0.4% | GBX1.46 Million | GBX411.22 Million | GBX437.59 Million | GBX436.13 Million | ▼ -59.6 pp |
| 1998 | 59.9% | GBX214.96 Million | GBX358.70 Million | GBX398.71 Million | GBX183.75 Million | ▼ -19.8 pp |
| 1997 | 79.7% | GBX218.71 Million | GBX274.25 Million | GBX410.96 Million | GBX192.26 Million | ▼ -3.0 pp |
| 1996 | 82.7% | GBX279.03 Million | GBX337.37 Million | GBX440.52 Million | GBX161.49 Million | ▲ +0.4 pp |
| 1995 | 82.3% | GBX243.55 Million | GBX295.78 Million | GBX423.52 Million | GBX179.97 Million | ▼ -5.6 pp |
| 1994 | 87.9% | GBX248.15 Million | GBX282.23 Million | GBX396.41 Million | GBX148.26 Million | ▼ -0.8 pp |
| 1993 | 88.7% | GBX123.60 Million | GBX139.31 Million | GBX232.30 Million | GBX108.70 Million | ▲ +42.4 pp |
| 1992 | 46.3% | GBX73.74 Million | GBX159.17 Million | GBX211.40 Million | GBX137.66 Million | ▲ +6.8 pp |
| 1991 | 39.5% | GBX99.91 Million | GBX252.73 Million | GBX236.36 Million | GBX136.45 Million | ▲ +0.1 pp |
| 1990 | 39.5% | GBX94.76 Million | GBX240.01 Million | GBX241.16 Million | GBX146.40 Million | ▼ -9.3 pp |
| 1989 | 48.8% | GBX107.53 Million | GBX220.27 Million | GBX211.59 Million | GBX104.06 Million | ▼ -2.2 pp |
| 1988 | 51.0% | GBX114.02 Million | GBX223.35 Million | GBX213.36 Million | GBX99.34 Million | ▼ -22.8 pp |
| 1987 | 73.9% | GBX148.14 Million | GBX200.47 Million | GBX210.13 Million | GBX61.99 Million | ▲ +14.0 pp |
| 1986 | 59.8% | GBX57.28 Million | GBX95.72 Million | GBX111.44 Million | GBX54.15 Million | ▼ -13.0 pp |
| 1985 | 72.8% | GBX64.21 Million | GBX88.15 Million | GBX102.58 Million | GBX38.37 Million | — |