Tandem Group (TND) — Working Capital to Net Assets Ratio
Tandem Group (TND) has a Working Capital to Net Assets ratio of 26.3% as of December 2025. Working capital of GBX6.86 Million (current assets of GBX12.56 Million minus current liabilities of GBX5.70 Million) is measured against net assets of GBX26.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tandem Group (TND) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tandem Group Working Capital to Net Assets (1986–2025)
This chart shows how Tandem Group'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 26.3%, reflecting working capital of GBX6.86 Million against net assets of GBX26.09 Million GBX. See operational self-sufficiency of Tandem Group to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tandem Group (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tandem Group 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 market cap of Tandem Group.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.3% | GBX6.86 Million | GBX26.09 Million | GBX12.56 Million | GBX5.70 Million | ▼ -1.8 pp |
| 2024 | 28.1% | GBX6.72 Million | GBX23.91 Million | GBX13.93 Million | GBX7.21 Million | ▲ +15.7 pp |
| 2023 | 12.4% | GBX2.94 Million | GBX23.81 Million | GBX10.97 Million | GBX8.02 Million | ▼ -23.2 pp |
| 2022 | 35.5% | GBX9.52 Million | GBX26.79 Million | GBX14.96 Million | GBX5.43 Million | ▼ -18.6 pp |
| 2021 | 54.1% | GBX12.30 Million | GBX22.74 Million | GBX24.90 Million | GBX12.60 Million | ▼ -3.9 pp |
| 2020 | 58.0% | GBX9.63 Million | GBX16.61 Million | GBX20.56 Million | GBX10.93 Million | ▲ +12.4 pp |
| 2019 | 45.6% | GBX6.53 Million | GBX14.31 Million | GBX15.19 Million | GBX8.66 Million | ▲ +0.5 pp |
| 2018 | 45.1% | GBX5.60 Million | GBX12.41 Million | GBX13.55 Million | GBX7.95 Million | ▲ +2.8 pp |
| 2017 | 42.3% | GBX4.68 Million | GBX11.07 Million | GBX12.40 Million | GBX7.71 Million | ▼ -4.2 pp |
| 2016 | 46.5% | GBX3.82 Million | GBX8.21 Million | GBX12.75 Million | GBX8.93 Million | ▲ +5.3 pp |
| 2015 | 41.2% | GBX3.23 Million | GBX7.82 Million | GBX12.82 Million | GBX9.59 Million | ▼ -3.7 pp |
| 2014 | 45.0% | GBX2.96 Million | GBX6.59 Million | GBX13.52 Million | GBX10.56 Million | ▼ -11.7 pp |
| 2013 | 56.6% | GBX3.19 Million | GBX5.64 Million | GBX12.13 Million | GBX8.93 Million | ▼ -29.1 pp |
| 2012 | 85.7% | GBX4.77 Million | GBX5.56 Million | GBX11.11 Million | GBX6.34 Million | ▲ +12.0 pp |
| 2011 | 73.8% | GBX4.54 Million | GBX6.15 Million | GBX12.63 Million | GBX8.09 Million | ▲ +11.4 pp |
| 2011 | 62.4% | GBX5.41 Million | GBX8.66 Million | GBX15.05 Million | GBX9.65 Million | ▼ -1.6 pp |
| 2010 | 64.0% | GBX4.48 Million | GBX7.00 Million | GBX11.99 Million | GBX7.51 Million | ▲ +4.4 pp |
| 2009 | 59.6% | GBX4.09 Million | GBX6.86 Million | GBX15.49 Million | GBX11.40 Million | ▲ +14.5 pp |
| 2008 | 45.1% | GBX3.11 Million | GBX6.89 Million | GBX13.53 Million | GBX10.42 Million | ▼ -9.5 pp |
| 2007 | 54.6% | GBX2.77 Million | GBX5.06 Million | GBX11.66 Million | GBX8.90 Million | ▼ -31.7 pp |
| 2006 | 86.4% | GBX2.54 Million | GBX2.94 Million | GBX13.62 Million | GBX11.08 Million | ▲ +22.0 pp |
| 2005 | 64.4% | GBX3.94 Million | GBX6.12 Million | GBX19.08 Million | GBX15.14 Million | ▲ +15.3 pp |
| 2004 | 49.1% | GBX3.58 Million | GBX7.30 Million | GBX19.53 Million | GBX15.95 Million | ▲ +0.2 pp |
| 2003 | 48.8% | GBX2.65 Million | GBX5.43 Million | GBX13.57 Million | GBX10.91 Million | ▲ +85.0 pp |
| 2002 | -36.1% | GBX-1.12 Million | GBX3.09 Million | GBX11.97 Million | GBX13.08 Million | ▲ +53.8 pp |
| 2001 | -89.9% | GBX-1.70 Million | GBX1.89 Million | GBX10.20 Million | GBX11.90 Million | ▼ -203.1 pp |
| 2000 | 113.2% | GBX-5.46 Million | GBX-4.82 Million | GBX7.41 Million | GBX12.86 Million | ▼ -90.0 pp |
| 1999 | 203.2% | GBX-9.94 Million | GBX-4.89 Million | GBX10.77 Million | GBX20.71 Million | ▲ +715.2 pp |
| 1998 | -512.0% | GBX-4.73 Million | GBX924.00K | GBX18.45 Million | GBX23.18 Million | ▼ -370.4 pp |
| 1997 | -141.6% | GBX-4.46 Million | GBX3.15 Million | GBX17.21 Million | GBX21.67 Million | ▼ -141.0 pp |
| 1996 | -0.6% | GBX-42.00K | GBX7.50 Million | GBX30.36 Million | GBX30.41 Million | ▼ -45.7 pp |
| 1995 | 45.1% | GBX3.41 Million | GBX7.57 Million | GBX5.31 Million | GBX1.90 Million | ▼ -7.1 pp |
| 1994 | 52.2% | GBX3.60 Million | GBX6.91 Million | GBX5.77 Million | GBX2.17 Million | ▲ +17.4 pp |
| 1993 | 34.8% | GBX1.19 Million | GBX3.41 Million | GBX9.06 Million | GBX7.87 Million | ▲ +19.8 pp |
| 1992 | 15.0% | GBX1.21 Million | GBX8.12 Million | GBX11.68 Million | GBX10.46 Million | ▲ +7.0 pp |
| 1990 | 8.0% | GBX911.00K | GBX11.42 Million | GBX18.81 Million | GBX17.90 Million | ▼ -19.8 pp |
| 1989 | 27.8% | GBX3.24 Million | GBX11.66 Million | GBX16.24 Million | GBX12.99 Million | ▲ +1.0 pp |
| 1988 | 26.8% | GBX3.18 Million | GBX11.86 Million | GBX10.92 Million | GBX7.74 Million | ▼ -14.4 pp |
| 1987 | 41.2% | GBX4.71 Million | GBX11.44 Million | GBX11.80 Million | GBX7.09 Million | ▲ +4.0 pp |
| 1986 | 37.2% | GBX2.08 Million | GBX5.58 Million | GBX8.68 Million | GBX6.60 Million | — |