Target Healthcare REIT Ltd (THRL) — Working Capital to Net Assets Ratio
Target Healthcare REIT Ltd (THRL) has a Working Capital to Net Assets ratio of 18.2% as of June 2024. Working capital of GBX125.29 Million (current assets of GBX143.76 Million minus current liabilities of GBX18.47 Million) is measured against net assets of GBX689.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Target Healthcare REIT Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Target Healthcare REIT Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Target Healthcare REIT Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 18.2%, reflecting working capital of GBX125.29 Million against net assets of GBX689.29 Million GBX. See Target Healthcare REIT Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Target Healthcare REIT Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Target Healthcare REIT 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 THRL stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 18.2% | GBX125.29 Million | GBX689.29 Million | GBX143.76 Million | GBX18.47 Million | ▲ +16.4 pp |
| 2023 | 1.8% | GBX11.54 Million | GBX654.81 Million | GBX15.37 Million | GBX3.83 Million | ▼ -2.6 pp |
| 2022 | 4.4% | GBX30.83 Million | GBX698.77 Million | GBX34.48 Million | GBX3.66 Million | ▲ +1.4 pp |
| 2021 | 3.0% | GBX17.04 Million | GBX565.18 Million | GBX21.11 Million | GBX4.07 Million | ▼ -3.9 pp |
| 2020 | 6.9% | GBX34.30 Million | GBX494.11 Million | GBX36.44 Million | GBX2.14 Million | ▲ +0.9 pp |
| 2019 | 6.1% | GBX25.16 Million | GBX413.09 Million | GBX26.95 Million | GBX1.79 Million | ▼ -5.1 pp |
| 2018 | 11.1% | GBX39.97 Million | GBX358.61 Million | GBX41.40 Million | GBX1.43 Million | ▲ +7.5 pp |
| 2017 | 3.6% | GBX9.25 Million | GBX256.94 Million | GBX10.41 Million | GBX1.16 Million | ▼ -21.7 pp |
| 2016 | 25.3% | GBX64.05 Million | GBX253.28 Million | GBX65.11 Million | GBX1.06 Million | ▲ +4.8 pp |
| 2015 | 20.5% | GBX28.56 Million | GBX139.29 Million | GBX29.16 Million | GBX600.00K | ▼ -2.3 pp |
| 2014 | 22.8% | GBX20.56 Million | GBX90.22 Million | GBX23.65 Million | GBX3.09 Million | — |