TwentyFour Income Fund Ltd (TFIF) — Working Capital to Net Assets Ratio
TwentyFour Income Fund Ltd (TFIF) has a Working Capital to Net Assets ratio of 3.2% as of March 2024. Working capital of GBX26.08 Million (current assets of GBX11.99 Million minus current liabilities of GBX-14.09 Million) is measured against net assets of GBX813.54 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TwentyFour Income Fund Ltd (TFIF) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TwentyFour Income Fund Ltd Working Capital to Net Assets (2014–2024)
This chart shows how TwentyFour Income Fund Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of March 2024, the ratio stands at 3.2%, reflecting working capital of GBX26.08 Million against net assets of GBX813.54 Million GBX. Check tangible net worth ratio of TwentyFour Income Fund Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TwentyFour Income Fund Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TwentyFour Income Fund Ltd from 2014 to 2024, covering 11 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 TFIF stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 100.1% | GBX814.62 Million | GBX813.54 Million | GBX826.50 Million | GBX11.88 Million | ▲ +102.3 pp |
| 2023 | -2.2% | GBX-15.72 Million | GBX726.05 Million | GBX34.11 Million | GBX49.83 Million | ▼ -10.9 pp |
| 2022 | 8.7% | GBX62.68 Million | GBX718.48 Million | GBX63.62 Million | GBX940.54K | ▲ +6.3 pp |
| 2021 | 2.4% | GBX14.00 Million | GBX573.36 Million | GBX14.94 Million | GBX940.54K | ▲ +6.4 pp |
| 2020 | -4.0% | GBX-18.84 Million | GBX475.37 Million | GBX5.08 Million | GBX23.92 Million | ▼ -13.2 pp |
| 2019 | 9.3% | GBX46.37 Million | GBX500.47 Million | GBX46.97 Million | GBX602.13K | ▲ +5.8 pp |
| 2018 | 3.5% | GBX16.47 Million | GBX470.01 Million | GBX17.06 Million | GBX582.66K | ▼ -3.9 pp |
| 2017 | 7.4% | GBX33.53 Million | GBX452.61 Million | GBX33.85 Million | GBX321.18K | ▲ +3.7 pp |
| 2016 | 3.7% | GBX12.30 Million | GBX333.41 Million | GBX20.06 Million | GBX7.76 Million | ▲ +1.1 pp |
| 2015 | 2.5% | GBX8.74 Million | GBX343.23 Million | GBX9.00 Million | GBX257.38K | ▼ -0.1 pp |
| 2014 | 2.7% | GBX8.39 Million | GBX314.05 Million | GBX8.59 Million | GBX199.04K | — |