FW Thorpe PLC (TFW) — Working Capital to Net Assets Ratio
FW Thorpe PLC (TFW) has a Working Capital to Net Assets ratio of 44.8% as of December 2025. Working capital of GBX83.32 Million (current assets of GBX119.38 Million minus current liabilities of GBX36.06 Million) is measured against net assets of GBX186.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FW Thorpe PLC (TFW) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FW Thorpe PLC Working Capital to Net Assets (1986–2025)
This chart shows how FW Thorpe PLC's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of December 2025, the ratio stands at 44.8%, reflecting working capital of GBX83.32 Million against net assets of GBX186.05 Million GBX. Check FW Thorpe PLC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for FW Thorpe PLC (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for FW Thorpe PLC from 1986 to 2025, covering 40 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 FW Thorpe PLC (TFW) market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.3% | GBX87.85 Million | GBX189.79 Million | GBX129.27 Million | GBX41.42 Million | ▼ -0.5 pp |
| 2024 | 46.8% | GBX82.74 Million | GBX176.76 Million | GBX121.11 Million | GBX38.36 Million | ▲ +6.5 pp |
| 2023 | 40.3% | GBX64.61 Million | GBX160.34 Million | GBX105.45 Million | GBX40.85 Million | ▼ -8.5 pp |
| 2022 | 48.8% | GBX70.88 Million | GBX145.35 Million | GBX108.16 Million | GBX37.28 Million | ▼ -14.7 pp |
| 2021 | 63.4% | GBX86.91 Million | GBX136.99 Million | GBX127.37 Million | GBX40.46 Million | ▲ +6.6 pp |
| 2020 | 56.9% | GBX72.94 Million | GBX128.30 Million | GBX110.18 Million | GBX37.24 Million | ▼ -9.3 pp |
| 2019 | 66.2% | GBX80.84 Million | GBX122.16 Million | GBX104.69 Million | GBX23.85 Million | ▲ +5.5 pp |
| 2018 | 60.7% | GBX68.15 Million | GBX112.25 Million | GBX89.25 Million | GBX21.11 Million | ▼ -3.4 pp |
| 2017 | 64.1% | GBX64.95 Million | GBX101.29 Million | GBX84.39 Million | GBX19.43 Million | ▲ +2.7 pp |
| 2016 | 61.4% | GBX55.71 Million | GBX90.71 Million | GBX74.37 Million | GBX18.66 Million | ▲ +1.5 pp |
| 2015 | 59.9% | GBX49.68 Million | GBX82.86 Million | GBX66.38 Million | GBX16.71 Million | ▼ -6.7 pp |
| 2014 | 66.6% | GBX51.49 Million | GBX77.29 Million | GBX63.22 Million | GBX11.73 Million | ▲ +0.2 pp |
| 2013 | 66.4% | GBX48.18 Million | GBX72.54 Million | GBX57.82 Million | GBX9.64 Million | ▼ -0.4 pp |
| 2012 | 66.8% | GBX44.63 Million | GBX66.81 Million | GBX53.70 Million | GBX9.07 Million | ▼ -7.3 pp |
| 2011 | 74.1% | GBX43.34 Million | GBX58.48 Million | GBX54.74 Million | GBX11.40 Million | ▼ -0.2 pp |
| 2010 | 74.3% | GBX37.62 Million | GBX50.64 Million | GBX47.60 Million | GBX9.98 Million | ▲ +1.1 pp |
| 2009 | 73.2% | GBX33.48 Million | GBX45.76 Million | GBX41.58 Million | GBX8.10 Million | ▲ +0.4 pp |
| 2008 | 72.8% | GBX30.33 Million | GBX41.66 Million | GBX39.62 Million | GBX9.30 Million | ▲ +6.5 pp |
| 2007 | 66.3% | GBX23.73 Million | GBX35.80 Million | GBX30.93 Million | GBX7.20 Million | ▼ -7.3 pp |
| 2006 | 73.6% | GBX22.15 Million | GBX30.10 Million | GBX29.00 Million | GBX6.85 Million | ▼ -4.2 pp |
| 2005 | 77.8% | GBX19.53 Million | GBX25.12 Million | GBX25.70 Million | GBX6.17 Million | ▲ +15.0 pp |
| 2004 | 62.7% | GBX15.53 Million | GBX24.75 Million | GBX22.58 Million | GBX7.05 Million | ▲ +1.3 pp |
| 2003 | 61.4% | GBX13.39 Million | GBX21.81 Million | GBX19.31 Million | GBX5.92 Million | ▲ +5.8 pp |
| 2002 | 55.6% | GBX11.06 Million | GBX19.90 Million | GBX15.85 Million | GBX4.79 Million | ▲ +4.0 pp |
| 2001 | 51.5% | GBX10.24 Million | GBX19.88 Million | GBX15.69 Million | GBX5.45 Million | ▼ -5.0 pp |
| 2000 | 56.5% | GBX10.51 Million | GBX18.61 Million | GBX16.04 Million | GBX5.53 Million | ▼ -0.8 pp |
| 1999 | 57.2% | GBX10.58 Million | GBX18.49 Million | GBX15.14 Million | GBX4.56 Million | ▼ -5.2 pp |
| 1998 | 62.4% | GBX11.25 Million | GBX18.04 Million | GBX17.17 Million | GBX5.91 Million | ▲ +1.2 pp |
| 1997 | 61.2% | GBX9.74 Million | GBX15.91 Million | GBX14.52 Million | GBX4.77 Million | ▲ +6.0 pp |
| 1996 | 55.2% | GBX7.95 Million | GBX14.39 Million | GBX11.69 Million | GBX3.74 Million | ▼ -8.4 pp |
| 1995 | 63.6% | GBX8.63 Million | GBX13.56 Million | GBX12.88 Million | GBX4.25 Million | ▲ +1.9 pp |
| 1994 | 61.7% | GBX7.33 Million | GBX11.88 Million | GBX11.14 Million | GBX3.81 Million | ▲ +6.2 pp |
| 1993 | 55.5% | GBX5.79 Million | GBX10.45 Million | GBX9.20 Million | GBX3.40 Million | ▼ -1.6 pp |
| 1992 | 57.1% | GBX5.68 Million | GBX9.95 Million | GBX8.65 Million | GBX2.98 Million | ▲ +2.8 pp |
| 1991 | 54.3% | GBX4.91 Million | GBX9.04 Million | GBX7.31 Million | GBX2.40 Million | ▲ +3.0 pp |
| 1990 | 51.3% | GBX4.24 Million | GBX8.27 Million | GBX6.70 Million | GBX2.46 Million | ▼ -2.0 pp |
| 1989 | 53.3% | GBX4.22 Million | GBX7.93 Million | GBX6.45 Million | GBX2.23 Million | ▼ -18.2 pp |
| 1988 | 71.4% | GBX4.61 Million | GBX6.45 Million | GBX6.57 Million | GBX1.97 Million | ▼ -21.0 pp |
| 1987 | 92.5% | GBX5.15 Million | GBX5.57 Million | GBX6.80 Million | GBX1.64 Million | ▼ -0.7 pp |
| 1986 | 93.1% | GBX4.49 Million | GBX4.82 Million | GBX5.80 Million | GBX1.32 Million | — |