Tullow Oil PLC (TLW) — Working Capital to Net Assets Ratio
Tullow Oil PLC (TLW) has a Working Capital to Net Assets ratio of 312.7% as of June 2025. Working capital of GBX-1.03 Billion (current assets of GBX1.28 Billion minus current liabilities of GBX2.31 Billion) is measured against net assets of GBX-329.70 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Tullow Oil PLC's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tullow Oil PLC Working Capital to Net Assets (1987–2024)
This chart shows how Tullow Oil PLC's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1987 to 2024. As of June 2025, the ratio stands at 312.7%, reflecting working capital of GBX-1.03 Billion against net assets of GBX-329.70 Million GBX. Check Tullow Oil PLC (TLW) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tullow Oil PLC (1987–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tullow Oil PLC from 1987 to 2024, covering 38 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 Tullow Oil PLC (TLW) market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 114.8% | GBX-313.10 Million | GBX-272.70 Million | GBX1.22 Billion | GBX1.54 Billion | ▲ +130.0 pp |
| 2023 | -15.2% | GBX54.60 Million | GBX-359.40 Million | GBX1.28 Billion | GBX1.23 Billion | ▲ +8.0 pp |
| 2022 | -23.2% | GBX106.70 Million | GBX-459.50 Million | GBX1.43 Billion | GBX1.32 Billion | ▼ -5.1 pp |
| 2021 | -18.1% | GBX84.30 Million | GBX-466.10 Million | GBX1.43 Billion | GBX1.34 Billion | ▼ -1209.3 pp |
| 2020 | 1191.2% | GBX-2.50 Billion | GBX-210.00 Million | GBX1.91 Billion | GBX4.41 Billion | ▲ +1189.5 pp |
| 2019 | 1.7% | GBX16.50 Million | GBX983.60 Million | GBX1.49 Billion | GBX1.47 Billion | ▼ -30.6 pp |
| 2018 | 32.3% | GBX934.90 Million | GBX2.89 Billion | GBX2.42 Billion | GBX1.49 Billion | ▼ -3.4 pp |
| 2017 | 35.7% | GBX969.80 Million | GBX2.72 Billion | GBX2.32 Billion | GBX1.35 Billion | ▼ -0.6 pp |
| 2016 | 36.3% | GBX813.10 Million | GBX2.24 Billion | GBX2.46 Billion | GBX1.65 Billion | ▲ +28.1 pp |
| 2015 | 8.2% | GBX259.20 Million | GBX3.17 Billion | GBX1.84 Billion | GBX1.58 Billion | ▼ -10.4 pp |
| 2014 | 18.6% | GBX747.40 Million | GBX4.02 Billion | GBX2.09 Billion | GBX1.34 Billion | ▲ +6.9 pp |
| 2013 | 11.7% | GBX637.00 Million | GBX5.45 Billion | GBX2.07 Billion | GBX1.43 Billion | ▲ +10.5 pp |
| 2012 | 1.2% | GBX65.40 Million | GBX5.32 Billion | GBX1.29 Billion | GBX1.23 Billion | ▲ +8.8 pp |
| 2011 | -7.6% | GBX-360.20 Million | GBX4.77 Billion | GBX1.17 Billion | GBX1.53 Billion | ▼ -3.7 pp |
| 2010 | -3.8% | GBX-150.20 Million | GBX3.90 Billion | GBX1.34 Billion | GBX1.49 Billion | ▼ -8.8 pp |
| 2009 | 5.0% | GBX122.89 Million | GBX2.47 Billion | GBX763.71 Million | GBX640.82 Million | ▲ +16.3 pp |
| 2008 | -11.3% | GBX-216.29 Million | GBX1.92 Billion | GBX729.71 Million | GBX946.01 Million | ▼ -1.8 pp |
| 2007 | -9.5% | GBX-134.11 Million | GBX1.41 Billion | GBX483.41 Million | GBX617.52 Million | ▲ +28.5 pp |
| 2006 | -38.0% | GBX-569.98 Million | GBX1.50 Billion | GBX456.20 Million | GBX1.03 Billion | ▼ -19.6 pp |
| 2005 | -18.3% | GBX-122.64 Million | GBX669.38 Million | GBX281.88 Million | GBX404.52 Million | ▼ -24.0 pp |
| 2004 | 5.7% | GBX41.03 Million | GBX720.17 Million | GBX273.65 Million | GBX232.61 Million | ▼ -22.4 pp |
| 2003 | 28.1% | GBX58.07 Million | GBX207.00 Million | GBX166.50 Million | GBX108.42 Million | ▲ +12.3 pp |
| 2002 | 15.7% | GBX25.40 Million | GBX161.55 Million | GBX111.64 Million | GBX86.24 Million | ▲ +6.3 pp |
| 2001 | 9.4% | GBX12.62 Million | GBX133.68 Million | GBX97.79 Million | GBX85.18 Million | ▼ -33.8 pp |
| 2000 | 43.2% | GBX51.71 Million | GBX119.66 Million | GBX65.79 Million | GBX14.08 Million | ▲ +23.8 pp |
| 1999 | 19.4% | GBX19.09 Million | GBX98.37 Million | GBX51.20 Million | GBX32.11 Million | ▲ +26.5 pp |
| 1998 | -7.1% | GBX-6.10 Million | GBX85.63 Million | GBX7.66 Million | GBX13.76 Million | ▼ -29.2 pp |
| 1997 | 22.1% | GBX16.24 Million | GBX73.61 Million | GBX27.73 Million | GBX11.48 Million | ▼ -16.2 pp |
| 1996 | 38.2% | GBX33.07 Million | GBX86.51 Million | GBX39.53 Million | GBX6.46 Million | ▲ +82.9 pp |
| 1995 | -44.7% | GBX-14.30 Million | GBX31.99 Million | GBX4.69 Million | GBX18.98 Million | ▼ -35.6 pp |
| 1994 | -9.1% | GBX-2.37 Million | GBX26.19 Million | GBX6.69 Million | GBX9.07 Million | ▲ +7.9 pp |
| 1993 | -16.9% | GBX-2.44 Million | GBX14.42 Million | GBX5.56 Million | GBX8.00 Million | ▼ -27.4 pp |
| 1992 | 10.5% | GBX1.35 Million | GBX12.91 Million | GBX4.30 Million | GBX2.95 Million | ▲ +5.9 pp |
| 1991 | 4.5% | GBX546.39K | GBX12.01 Million | GBX2.75 Million | GBX2.20 Million | ▲ +1.9 pp |
| 1990 | 2.7% | GBX694.42K | GBX26.09 Million | GBX3.11 Million | GBX2.41 Million | ▲ +12.8 pp |
| 1989 | -10.2% | GBX-1.83 Million | GBX18.04 Million | GBX2.67 Million | GBX4.50 Million | ▲ +17.9 pp |
| 1988 | -28.1% | GBX-3.54 Million | GBX12.60 Million | GBX4.51 Million | GBX8.05 Million | ▼ -41.2 pp |
| 1987 | 13.1% | GBX1.37 Million | GBX10.45 Million | GBX2.98 Million | GBX1.61 Million | — |