Steppe Cement (STCM) — Working Capital to Net Assets Ratio
Steppe Cement (STCM) has a Working Capital to Net Assets ratio of 32.6% as of December 2025. Working capital of GBX19.02 Million (current assets of GBX36.02 Million minus current liabilities of GBX17.00 Million) is measured against net assets of GBX58.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Steppe Cement to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steppe Cement Working Capital to Net Assets (2005–2025)
This chart shows how Steppe Cement's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 32.6%, reflecting working capital of GBX19.02 Million against net assets of GBX58.32 Million GBX. For the complete balance sheet picture, see Steppe Cement asset portfolio.
Annual Working Capital to Net Assets for Steppe Cement (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steppe Cement from 2005 to 2025, covering 21 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 asset resilience ratio of Steppe Cement 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 | 32.6% | GBX19.02 Million | GBX58.32 Million | GBX36.02 Million | GBX17.00 Million | ▲ +3.0 pp |
| 2024 | 29.6% | GBX16.88 Million | GBX57.05 Million | GBX32.48 Million | GBX15.61 Million | ▼ -10.7 pp |
| 2023 | 40.3% | GBX28.49 Million | GBX70.70 Million | GBX45.05 Million | GBX16.57 Million | ▲ +3.2 pp |
| 2022 | 37.1% | GBX24.11 Million | GBX65.08 Million | GBX37.10 Million | GBX12.98 Million | ▲ +1.5 pp |
| 2021 | 35.6% | GBX23.32 Million | GBX65.58 Million | GBX36.32 Million | GBX12.99 Million | ▲ +10.8 pp |
| 2020 | 24.8% | GBX14.35 Million | GBX57.94 Million | GBX27.03 Million | GBX12.68 Million | ▲ +4.3 pp |
| 2019 | 20.4% | GBX12.84 Million | GBX62.88 Million | GBX29.70 Million | GBX16.86 Million | ▲ +3.8 pp |
| 2018 | 16.6% | GBX9.31 Million | GBX55.96 Million | GBX25.09 Million | GBX15.78 Million | ▲ +12.5 pp |
| 2017 | 4.1% | GBX2.46 Million | GBX59.52 Million | GBX22.77 Million | GBX20.30 Million | ▲ +2.0 pp |
| 2016 | 2.1% | GBX1.25 Million | GBX58.04 Million | GBX21.94 Million | GBX20.69 Million | ▲ +9.0 pp |
| 2015 | -6.9% | GBX-3.90 Million | GBX56.73 Million | GBX20.00 Million | GBX23.89 Million | ▼ -4.1 pp |
| 2014 | -2.7% | GBX-3.23 Million | GBX117.69 Million | GBX39.08 Million | GBX42.31 Million | ▼ -6.7 pp |
| 2013 | 3.9% | GBX6.08 Million | GBX154.63 Million | GBX36.16 Million | GBX30.08 Million | ▼ -9.4 pp |
| 2012 | 13.4% | GBX19.95 Million | GBX149.17 Million | GBX49.97 Million | GBX30.02 Million | ▲ +3.6 pp |
| 2011 | 9.8% | GBX12.46 Million | GBX126.99 Million | GBX35.84 Million | GBX23.38 Million | ▲ +4.5 pp |
| 2010 | 5.3% | GBX6.60 Million | GBX124.72 Million | GBX35.58 Million | GBX28.97 Million | ▲ +5.8 pp |
| 2009 | -0.5% | GBX-525.49K | GBX102.00 Million | GBX29.13 Million | GBX29.66 Million | ▼ -1.7 pp |
| 2008 | 1.2% | GBX1.54 Million | GBX128.92 Million | GBX33.54 Million | GBX32.00 Million | ▼ -14.1 pp |
| 2007 | 15.3% | GBX16.87 Million | GBX110.47 Million | GBX29.44 Million | GBX12.57 Million | ▼ -34.5 pp |
| 2006 | 49.8% | GBX34.46 Million | GBX69.18 Million | GBX37.51 Million | GBX3.05 Million | ▲ +47.1 pp |
| 2005 | 2.7% | GBX648.55K | GBX23.92 Million | GBX10.34 Million | GBX9.69 Million | — |