TP ICAP Group PLC (TCAP) — Working Capital to Net Assets Ratio
TP ICAP Group PLC (TCAP) has a Working Capital to Net Assets ratio of 320.3% as of June 2026. Working capital of GBX6.46 Billion (current assets of GBX6.69 Billion minus current liabilities of GBX236.00 Million) is measured against net assets of GBX2.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TP ICAP Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TP ICAP Group PLC Working Capital to Net Assets (2000–2025)
This chart shows how TP ICAP Group PLC's Working Capital to Net Assets ratio has evolved across 29 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 320.3%, reflecting working capital of GBX6.46 Billion against net assets of GBX2.02 Billion GBX. For the complete balance sheet picture, see total assets of TP ICAP Group PLC.
Annual Working Capital to Net Assets for TP ICAP Group PLC (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TP ICAP Group PLC from 2000 to 2025, covering 29 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 TCAP asset liquidity ratio 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 | 129.5% | GBX2.64 Billion | GBX2.04 Billion | GBX2.73 Billion | GBX90.00 Million | ▲ +79.2 pp |
| 2024 | 50.3% | GBX1.04 Billion | GBX2.08 Billion | GBX4.40 Billion | GBX3.35 Billion | ▲ +149.8 pp |
| 2023 | -99.5% | GBX-2.05 Billion | GBX2.06 Billion | GBX1.03 Billion | GBX3.08 Billion | ▼ -147.4 pp |
| 2022 | 47.9% | GBX1.04 Billion | GBX2.16 Billion | GBX3.52 Billion | GBX2.49 Billion | ▲ +3.3 pp |
| 2021 | 44.6% | GBX883.00 Million | GBX1.98 Billion | GBX3.12 Billion | GBX2.24 Billion | ▲ +4009.7 pp |
| 2020 | -3965.0% | GBX-67.33 Billion | GBX1.70 Billion | GBX2.72 Billion | GBX70.04 Billion | ▼ -4010.5 pp |
| 2019 | 45.5% | GBX787.00 Million | GBX1.73 Billion | GBX50.20 Billion | GBX49.41 Billion | ▲ +10.9 pp |
| 2018 | 34.6% | GBX633.00 Million | GBX1.83 Billion | GBX23.60 Billion | GBX22.96 Billion | ▼ -2.0 pp |
| 2017 | 36.6% | GBX670.00 Million | GBX1.83 Billion | GBX35.45 Billion | GBX34.78 Billion | ▲ +27.2 pp |
| 2016 | 9.4% | GBX179.70 Million | GBX1.92 Billion | GBX23.95 Billion | GBX23.77 Billion | ▼ -57.4 pp |
| 2016 | 66.7% | GBX383.00 Million | GBX574.00 Million | GBX21.30 Billion | GBX20.91 Billion | ▲ +34.9 pp |
| 2015 | 31.8% | GBX172.20 Million | GBX541.70 Million | GBX3.02 Billion | GBX2.85 Billion | ▼ -37.4 pp |
| 2015 | 69.2% | GBX397.00 Million | GBX574.00 Million | GBX24.74 Billion | GBX24.35 Billion | ▲ +10.6 pp |
| 2014 | 58.6% | GBX271.60 Million | GBX463.50 Million | GBX3.56 Billion | GBX3.29 Billion | ▼ -9.2 pp |
| 2014 | 67.8% | GBX425.00 Million | GBX627.00 Million | GBX23.27 Billion | GBX22.85 Billion | ▲ +2.3 pp |
| 2013 | 65.4% | GBX260.70 Million | GBX398.40 Million | GBX6.10 Billion | GBX5.84 Billion | ▼ -6.2 pp |
| 2012 | 71.6% | GBX266.50 Million | GBX372.00 Million | GBX6.19 Billion | GBX5.92 Billion | ▲ +18.8 pp |
| 2011 | 52.8% | GBX251.20 Million | GBX475.50 Million | GBX5.63 Billion | GBX5.38 Billion | ▼ -23.0 pp |
| 2010 | 75.8% | GBX312.30 Million | GBX411.80 Million | GBX4.61 Billion | GBX4.30 Billion | ▼ -9.7 pp |
| 2009 | 85.5% | GBX267.30 Million | GBX312.50 Million | GBX6.16 Billion | GBX5.89 Billion | ▼ -9.7 pp |
| 2008 | 95.3% | GBX232.90 Million | GBX244.50 Million | GBX13.96 Billion | GBX13.72 Billion | ▼ -43.8 pp |
| 2007 | 139.0% | GBX184.10 Million | GBX132.40 Million | GBX7.21 Billion | GBX7.03 Billion | ▲ +86.6 pp |
| 2006 | 52.5% | GBX200.70 Million | GBX382.30 Million | GBX12.90 Billion | GBX12.70 Billion | ▲ +6.2 pp |
| 2005 | 46.3% | GBX252.30 Million | GBX544.50 Million | GBX12.33 Billion | GBX12.08 Billion | ▲ +7.4 pp |
| 2004 | 39.0% | GBX193.10 Million | GBX495.40 Million | GBX71.87 Billion | GBX71.68 Billion | ▼ -0.1 pp |
| 2003 | 39.1% | GBX154.70 Million | GBX395.80 Million | GBX710.30 Million | GBX555.60 Million | ▲ +15.0 pp |
| 2002 | 24.1% | GBX36.13 Million | GBX150.20 Million | GBX155.76 Million | GBX119.63 Million | ▲ +5.9 pp |
| 2001 | 18.1% | GBX26.08 Million | GBX143.97 Million | GBX184.25 Million | GBX158.17 Million | ▼ -9.0 pp |
| 2000 | 27.1% | GBX32.12 Million | GBX118.56 Million | GBX240.87 Million | GBX208.74 Million | — |