Telecom Plus PLC (TEP) — Working Capital to Net Assets Ratio
Telecom Plus PLC (TEP) has a Working Capital to Net Assets ratio of 81.3% as of September 2025. Working capital of GBX188.28 Million (current assets of GBX383.27 Million minus current liabilities of GBX194.99 Million) is measured against net assets of GBX231.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Telecom Plus PLC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telecom Plus PLC Working Capital to Net Assets (1998–2025)
This chart shows how Telecom Plus PLC's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of September 2025, the ratio stands at 81.3%, reflecting working capital of GBX188.28 Million against net assets of GBX231.56 Million GBX. See Telecom Plus PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Telecom Plus PLC (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telecom Plus PLC from 1998 to 2025, covering 28 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 Telecom Plus PLC stock valuation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 83.9% | GBX210.95 Million | GBX251.51 Million | GBX499.48 Million | GBX288.53 Million | ▲ +4.9 pp |
| 2024 | 79.0% | GBX183.83 Million | GBX232.63 Million | GBX421.15 Million | GBX237.32 Million | ▲ +38.2 pp |
| 2023 | 40.8% | GBX94.14 Million | GBX230.71 Million | GBX566.89 Million | GBX472.75 Million | ▲ +0.4 pp |
| 2022 | 40.4% | GBX83.09 Million | GBX205.57 Million | GBX242.25 Million | GBX159.15 Million | ▲ +6.5 pp |
| 2021 | 33.9% | GBX72.01 Million | GBX212.38 Million | GBX224.68 Million | GBX152.67 Million | ▼ -2.9 pp |
| 2020 | 36.8% | GBX81.62 Million | GBX221.95 Million | GBX238.23 Million | GBX156.61 Million | ▲ +15.0 pp |
| 2019 | 21.8% | GBX49.07 Million | GBX225.09 Million | GBX196.59 Million | GBX147.51 Million | ▲ +9.5 pp |
| 2018 | 12.3% | GBX28.02 Million | GBX227.01 Million | GBX198.92 Million | GBX170.90 Million | ▲ +9.2 pp |
| 2017 | 3.2% | GBX8.20 Million | GBX257.71 Million | GBX149.54 Million | GBX141.34 Million | ▲ +3.4 pp |
| 2016 | -0.3% | GBX-512.00K | GBX198.28 Million | GBX163.09 Million | GBX163.60 Million | ▼ -2.1 pp |
| 2015 | 1.8% | GBX3.56 Million | GBX196.32 Million | GBX150.49 Million | GBX146.93 Million | ▼ -12.2 pp |
| 2014 | 14.0% | GBX27.34 Million | GBX194.72 Million | GBX196.01 Million | GBX168.67 Million | ▼ -23.6 pp |
| 2013 | 37.6% | GBX26.60 Million | GBX70.74 Million | GBX136.36 Million | GBX109.75 Million | ▲ +3.1 pp |
| 2012 | 34.5% | GBX21.65 Million | GBX62.81 Million | GBX99.01 Million | GBX77.36 Million | ▼ -11.9 pp |
| 2011 | 46.4% | GBX23.97 Million | GBX51.70 Million | GBX97.84 Million | GBX73.88 Million | ▼ -0.6 pp |
| 2010 | 47.0% | GBX20.90 Million | GBX44.49 Million | GBX79.40 Million | GBX58.50 Million | ▼ -4.5 pp |
| 2009 | 51.5% | GBX22.94 Million | GBX44.59 Million | GBX81.91 Million | GBX58.96 Million | ▼ -21.3 pp |
| 2008 | 72.8% | GBX23.61 Million | GBX32.43 Million | GBX61.11 Million | GBX37.50 Million | ▼ -3.0 pp |
| 2007 | 75.8% | GBX24.52 Million | GBX32.35 Million | GBX57.91 Million | GBX33.39 Million | ▲ +13.1 pp |
| 2006 | 62.7% | GBX15.64 Million | GBX24.95 Million | GBX36.43 Million | GBX20.79 Million | ▲ +16.1 pp |
| 2005 | 46.6% | GBX8.29 Million | GBX17.78 Million | GBX23.21 Million | GBX14.93 Million | ▼ -2.0 pp |
| 2004 | 48.6% | GBX6.33 Million | GBX13.01 Million | GBX22.83 Million | GBX16.50 Million | ▲ +11.5 pp |
| 2003 | 37.2% | GBX4.04 Million | GBX10.88 Million | GBX17.46 Million | GBX13.42 Million | ▼ -57.6 pp |
| 2002 | 94.8% | GBX8.52 Million | GBX8.98 Million | GBX16.93 Million | GBX8.41 Million | ▼ -4.7 pp |
| 2001 | 99.5% | GBX7.50 Million | GBX7.54 Million | GBX14.37 Million | GBX6.87 Million | ▼ -63.7 pp |
| 2000 | 163.2% | GBX3.65 Million | GBX2.24 Million | GBX8.13 Million | GBX4.48 Million | ▲ +123.3 pp |
| 1999 | 39.9% | GBX112.00K | GBX281.00K | GBX2.42 Million | GBX2.31 Million | ▲ +276.7 pp |
| 1998 | -236.8% | GBX-45.00K | GBX19.00K | GBX1.13 Million | GBX1.18 Million | — |