THG Holdings PLC (THG) — Working Capital to Net Assets Ratio
THG Holdings PLC (THG) has a Working Capital to Net Assets ratio of -12.5% as of December 2025. Working capital of GBX-53.15 Million (current assets of GBX589.90 Million minus current liabilities of GBX643.05 Million) is measured against net assets of GBX425.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See THG equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
THG Holdings PLC Working Capital to Net Assets (2013–2025)
This chart shows how THG Holdings PLC's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -12.5%, reflecting working capital of GBX-53.15 Million against net assets of GBX425.22 Million GBX. Check THG Holdings PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for THG Holdings PLC (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for THG Holdings PLC from 2013 to 2025, covering 13 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 THG Holdings PLC market cap and net worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -12.5% | GBX-53.15 Million | GBX425.22 Million | GBX589.90 Million | GBX643.05 Million | ▲ +27.1 pp |
| 2024 | -39.6% | GBX-121.20 Million | GBX305.83 Million | GBX1.48 Billion | GBX1.61 Billion | ▼ -62.0 pp |
| 2023 | 22.4% | GBX228.36 Million | GBX1.02 Billion | GBX987.00 Million | GBX758.64 Million | ▼ -7.4 pp |
| 2022 | 29.7% | GBX386.87 Million | GBX1.30 Billion | GBX1.14 Billion | GBX749.21 Million | ▲ +2.0 pp |
| 2021 | 27.7% | GBX486.49 Million | GBX1.76 Billion | GBX1.27 Billion | GBX783.74 Million | ▼ -40.1 pp |
| 2020 | 67.8% | GBX776.19 Million | GBX1.14 Billion | GBX1.34 Billion | GBX564.26 Million | ▲ +25.9 pp |
| 2019 | 41.9% | GBX169.24 Million | GBX403.85 Million | GBX779.99 Million | GBX610.75 Million | ▲ +1.6 pp |
| 2018 | 40.3% | GBX152.93 Million | GBX379.52 Million | GBX485.73 Million | GBX332.79 Million | ▲ +3.5 pp |
| 2017 | 36.8% | GBX97.85 Million | GBX265.81 Million | GBX318.49 Million | GBX220.64 Million | ▼ -17.1 pp |
| 2016 | 53.9% | GBX77.34 Million | GBX143.53 Million | GBX252.72 Million | GBX175.38 Million | ▼ -76.4 pp |
| 2015 | 130.3% | GBX82.46 Million | GBX63.30 Million | GBX189.60 Million | GBX107.14 Million | ▲ +126.7 pp |
| 2014 | 3.6% | GBX2.44 Million | GBX68.48 Million | GBX91.19 Million | GBX88.75 Million | ▲ +33.6 pp |
| 2013 | -30.0% | GBX-23.05 Million | GBX76.85 Million | GBX48.87 Million | GBX71.92 Million | — |