Tan Delta Systems PLC Working Capital to Net Assets Ratio
Tan Delta Systems PLC working capital to net assets ratio. Tan Delta Systems PLC (TAND) has a Working Capital to Net Assets ratio of 93.4% as of December 2025. Working capital of GBX2.11 Million (current assets of GBX2.43 Million minus current liabilities of GBX320.15K) is measured against net assets of GBX2.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check TAND intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tan Delta Systems PLC (2020–2025)
Working capital to net assets ratio of Tan Delta Systems PLC from 2020 to 2025. This chart shows how Tan Delta Systems PLC's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 93.4%, reflecting working capital of GBX2.11 Million against net assets of GBX2.25 Million GBX. See TAND cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Tan Delta Systems PLC Working Capital to Net Assets Ratio by Year (2020–2025)
Tan Delta Systems PLC working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tan Delta Systems PLC from 2020 to 2025, covering 6 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 the complete balance sheet picture, see TAND asset base.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 93.4% | GBX2.11 Million | GBX2.25 Million | GBX2.43 Million | GBX320.15K | ▼ -1.0 pp |
| 2024 | 94.5% | GBX3.58 Million | GBX3.79 Million | GBX4.13 Million | GBX543.16K | ▼ -1.0 pp |
| 2023 | 95.5% | GBX4.70 Million | GBX4.92 Million | GBX5.19 Million | GBX493.22K | ▲ +29.4 pp |
| 2022 | 66.1% | GBX328.00K | GBX496.00K | GBX746.00K | GBX418.00K | ▼ -34.8 pp |
| 2021 | 100.9% | GBX216.00K | GBX214.00K | GBX534.00K | GBX318.00K | ▼ -13.7 pp |
| 2020 | 114.7% | GBX219.00K | GBX191.00K | GBX434.00K | GBX215.00K | — |