Smurfit Westrock Plc (SWR) — Working Capital to Net Assets Ratio
Smurfit Westrock Plc (SWR) has a Working Capital to Net Assets ratio of 17.9% as of March 2026. Working capital of GBX3.23 Billion (current assets of GBX10.53 Billion minus current liabilities of GBX7.30 Billion) is measured against net assets of GBX18.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SWR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smurfit Westrock Plc Working Capital to Net Assets (2005–2025)
This chart shows how Smurfit Westrock Plc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 17.9%, reflecting working capital of GBX3.23 Billion against net assets of GBX18.04 Billion GBX. For the complete balance sheet picture, see total assets of Smurfit Westrock Plc.
Annual Working Capital to Net Assets for Smurfit Westrock Plc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smurfit Westrock Plc 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 Smurfit Westrock Plc 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 | 18.4% | GBX3.37 Billion | GBX18.35 Billion | GBX10.44 Billion | GBX7.06 Billion | ▲ +2.7 pp |
| 2024 | 15.7% | GBX2.72 Billion | GBX17.39 Billion | GBX10.05 Billion | GBX7.33 Billion | ▼ -9.7 pp |
| 2023 | 25.3% | GBX1.56 Billion | GBX6.17 Billion | GBX4.57 Billion | GBX3.01 Billion | ▼ -4.1 pp |
| 2022 | 29.4% | GBX1.59 Billion | GBX5.40 Billion | GBX4.84 Billion | GBX3.25 Billion | ▲ +4.4 pp |
| 2021 | 25.0% | GBX1.24 Billion | GBX4.97 Billion | GBX4.07 Billion | GBX2.82 Billion | ▼ -2.2 pp |
| 2020 | 27.2% | GBX1.26 Billion | GBX4.65 Billion | GBX4.01 Billion | GBX2.74 Billion | ▲ +11.6 pp |
| 2019 | 15.5% | GBX520.88 Million | GBX3.35 Billion | GBX3.00 Billion | GBX2.48 Billion | ▼ -13.3 pp |
| 2018 | 28.8% | GBX952.87 Million | GBX3.31 Billion | GBX3.38 Billion | GBX2.43 Billion | ▲ +12.3 pp |
| 2017 | 16.5% | GBX527.87 Million | GBX3.19 Billion | GBX3.55 Billion | GBX3.03 Billion | ▼ -15.5 pp |
| 2016 | 32.1% | GBX844.52 Million | GBX2.63 Billion | GBX2.85 Billion | GBX2.01 Billion | ▲ +3.5 pp |
| 2015 | 28.6% | GBX728.14 Million | GBX2.55 Billion | GBX2.73 Billion | GBX2.00 Billion | ▼ -6.5 pp |
| 2014 | 35.1% | GBX1.03 Billion | GBX2.94 Billion | GBX3.19 Billion | GBX2.16 Billion | ▲ +0.2 pp |
| 2013 | 34.9% | GBX1.21 Billion | GBX3.46 Billion | GBX3.49 Billion | GBX2.28 Billion | ▼ -4.2 pp |
| 2012 | 39.1% | GBX1.28 Billion | GBX3.27 Billion | GBX3.48 Billion | GBX2.21 Billion | ▼ -11.8 pp |
| 2011 | 50.9% | GBX1.44 Billion | GBX2.83 Billion | GBX3.75 Billion | GBX2.30 Billion | ▲ +4.7 pp |
| 2010 | 46.1% | GBX1.19 Billion | GBX2.57 Billion | GBX3.25 Billion | GBX2.07 Billion | ▲ +0.9 pp |
| 2009 | 45.2% | GBX1.20 Billion | GBX2.66 Billion | GBX3.36 Billion | GBX2.16 Billion | ▼ -11.6 pp |
| 2008 | 56.8% | GBX1.42 Billion | GBX2.50 Billion | GBX3.59 Billion | GBX2.16 Billion | ▲ +22.3 pp |
| 2007 | 34.5% | GBX1.10 Billion | GBX3.19 Billion | GBX3.66 Billion | GBX2.56 Billion | ▼ -61.2 pp |
| 2006 | 95.7% | GBX797.80 Million | GBX833.48 Million | GBX3.13 Billion | GBX2.33 Billion | ▲ +20.6 pp |
| 2005 | 75.1% | GBX558.59 Million | GBX744.05 Million | GBX2.95 Billion | GBX2.39 Billion | — |