t42 IoT Tracking Solutions PLC (TRAC) — Working Capital to Net Assets Ratio
t42 IoT Tracking Solutions PLC (TRAC) has a Working Capital to Net Assets ratio of 63.9% as of December 2025. Working capital of GBX-1.88 Million (current assets of GBX2.10 Million minus current liabilities of GBX3.98 Million) is measured against net assets of GBX-2.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of t42 IoT Tracking Solutions PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
t42 IoT Tracking Solutions PLC Working Capital to Net Assets (2009–2025)
This chart shows how t42 IoT Tracking Solutions PLC's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 63.9%, reflecting working capital of GBX-1.88 Million against net assets of GBX-2.94 Million GBX. See operational self-sufficiency of t42 IoT Tracking Solutions PLC to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for t42 IoT Tracking Solutions PLC (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for t42 IoT Tracking Solutions PLC from 2009 to 2025, covering 17 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 TRAC stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 63.9% | GBX-1.88 Million | GBX-2.94 Million | GBX2.10 Million | GBX3.98 Million | ▼ -92.1 pp |
| 2024 | 156.0% | GBX-4.18 Million | GBX-2.68 Million | GBX2.09 Million | GBX6.27 Million | ▼ -4.5 pp |
| 2023 | 160.5% | GBX-1.51 Million | GBX-939.00K | GBX2.58 Million | GBX4.09 Million | ▼ -191.2 pp |
| 2022 | 351.7% | GBX-1.89 Million | GBX-538.00K | GBX2.44 Million | GBX4.34 Million | ▲ +268.3 pp |
| 2021 | 83.4% | GBX161.00K | GBX193.00K | GBX4.32 Million | GBX4.16 Million | ▲ +81.7 pp |
| 2020 | 1.7% | GBX36.00K | GBX2.10 Million | GBX3.75 Million | GBX3.71 Million | ▼ -34.1 pp |
| 2019 | 35.8% | GBX1.39 Million | GBX3.89 Million | GBX4.72 Million | GBX3.33 Million | ▲ +6.4 pp |
| 2018 | 29.4% | GBX1.14 Million | GBX3.86 Million | GBX4.16 Million | GBX3.02 Million | ▲ +16.8 pp |
| 2017 | 12.6% | GBX383.00K | GBX3.03 Million | GBX3.51 Million | GBX3.12 Million | ▲ +6.1 pp |
| 2016 | 6.5% | GBX178.00K | GBX2.74 Million | GBX2.80 Million | GBX2.63 Million | ▼ -28.1 pp |
| 2015 | 34.6% | GBX1.21 Million | GBX3.50 Million | GBX3.74 Million | GBX2.53 Million | ▼ -19.4 pp |
| 2014 | 54.0% | GBX2.36 Million | GBX4.37 Million | GBX5.70 Million | GBX3.34 Million | ▼ -22.4 pp |
| 2013 | 76.4% | GBX4.96 Million | GBX6.49 Million | GBX8.98 Million | GBX4.02 Million | ▲ +14.4 pp |
| 2012 | 62.1% | GBX1.70 Million | GBX2.74 Million | GBX5.83 Million | GBX4.13 Million | ▲ +75.3 pp |
| 2011 | -13.2% | GBX-126.00K | GBX952.00K | GBX2.22 Million | GBX2.35 Million | ▲ +260.9 pp |
| 2010 | -274.2% | GBX-414.00K | GBX151.00K | GBX1.65 Million | GBX2.06 Million | ▼ -335.6 pp |
| 2009 | 61.4% | GBX-312.00K | GBX-508.00K | GBX1.65 Million | GBX1.96 Million | — |