Tesco PLC (TSCO) — Working Capital to Net Assets Ratio
Tesco PLC (TSCO) has a Working Capital to Net Assets ratio of -51.0% as of February 2026. Working capital of GBX-5.85 Billion (current assets of GBX8.48 Billion minus current liabilities of GBX14.33 Billion) is measured against net assets of GBX11.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TSCO days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tesco PLC Working Capital to Net Assets (1986–2026)
This chart shows how Tesco PLC's Working Capital to Net Assets ratio has evolved across 54 annual periods from 1986 to 2026. As of February 2026, the ratio stands at -51.0%, reflecting working capital of GBX-5.85 Billion against net assets of GBX11.46 Billion GBX. For the complete balance sheet picture, see total assets of Tesco PLC.
Annual Working Capital to Net Assets for Tesco PLC (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tesco PLC from 1986 to 2026, covering 54 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. Check TSCO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -51.0% | GBX-5.85 Billion | GBX11.46 Billion | GBX8.48 Billion | GBX14.33 Billion | ▼ -8.5 pp |
| 2025 | -42.6% | GBX-4.96 Billion | GBX11.66 Billion | GBX8.86 Billion | GBX13.82 Billion | ▲ +0.0 pp |
| 2025 | -42.6% | GBX-4.96 Billion | GBX11.66 Billion | GBX8.86 Billion | GBX13.82 Billion | ▼ -9.4 pp |
| 2024 | -33.1% | GBX-3.87 Billion | GBX11.66 Billion | GBX16.61 Billion | GBX20.47 Billion | ▲ +0.0 pp |
| 2024 | -33.1% | GBX-3.87 Billion | GBX11.66 Billion | GBX16.61 Billion | GBX20.47 Billion | ▲ +7.7 pp |
| 2023 | -40.9% | GBX-5.00 Billion | GBX12.23 Billion | GBX12.72 Billion | GBX17.72 Billion | ▼ -15.7 pp |
| 2022 | -25.2% | GBX-3.94 Billion | GBX15.64 Billion | GBX12.19 Billion | GBX16.12 Billion | ▲ +15.6 pp |
| 2021 | -40.7% | GBX-4.91 Billion | GBX12.06 Billion | GBX10.81 Billion | GBX15.72 Billion | ▼ -3.0 pp |
| 2020 | -37.8% | GBX-5.05 Billion | GBX13.37 Billion | GBX13.61 Billion | GBX18.66 Billion | ▲ +0.0 pp |
| 2020 | -37.8% | GBX-5.05 Billion | GBX13.37 Billion | GBX13.61 Billion | GBX18.66 Billion | ▲ +24.7 pp |
| 2019 | -62.5% | GBX-8.39 Billion | GBX13.43 Billion | GBX12.58 Billion | GBX20.97 Billion | ▼ -10.2 pp |
| 2018 | -52.3% | GBX-5.48 Billion | GBX10.48 Billion | GBX13.75 Billion | GBX19.23 Billion | ▲ +9.8 pp |
| 2017 | -62.2% | GBX-3.99 Billion | GBX6.41 Billion | GBX15.42 Billion | GBX19.41 Billion | ▼ -25.2 pp |
| 2016 | -36.9% | GBX-3.18 Billion | GBX8.62 Billion | GBX14.68 Billion | GBX17.87 Billion | ▲ +0.0 pp |
| 2016 | -36.9% | GBX-3.18 Billion | GBX8.62 Billion | GBX14.68 Billion | GBX17.87 Billion | ▼ 0.0 pp |
| 2016 | -36.9% | GBX-3.18 Billion | GBX8.63 Billion | GBX14.68 Billion | GBX17.87 Billion | ▲ +74.2 pp |
| 2015 | -111.0% | GBX-7.85 Billion | GBX7.07 Billion | GBX11.96 Billion | GBX19.81 Billion | ▼ -71.5 pp |
| 2014 | -39.6% | GBX-5.83 Billion | GBX14.72 Billion | GBX15.57 Billion | GBX21.40 Billion | ▲ +0.0 pp |
| 2014 | -39.6% | GBX-5.83 Billion | GBX14.72 Billion | GBX15.57 Billion | GBX21.40 Billion | ▼ -4.2 pp |
| 2013 | -35.3% | GBX-5.89 Billion | GBX16.66 Billion | GBX13.10 Billion | GBX18.98 Billion | ▲ +0.5 pp |
| 2012 | -35.9% | GBX-6.39 Billion | GBX17.80 Billion | GBX12.86 Billion | GBX19.25 Billion | ▲ +0.0 pp |
| 2012 | -35.9% | GBX-6.39 Billion | GBX17.80 Billion | GBX12.86 Billion | GBX19.25 Billion | ▼ -1.6 pp |
| 2011 | -34.2% | GBX-5.69 Billion | GBX16.62 Billion | GBX12.04 Billion | GBX17.73 Billion | ▼ -5.3 pp |
| 2010 | -28.9% | GBX-4.25 Billion | GBX14.68 Billion | GBX11.77 Billion | GBX16.02 Billion | ▲ +6.0 pp |
| 2009 | -35.0% | GBX-4.51 Billion | GBX12.91 Billion | GBX13.08 Billion | GBX17.59 Billion | ▲ +0.9 pp |
| 2008 | -35.9% | GBX-4.27 Billion | GBX11.90 Billion | GBX5.99 Billion | GBX10.26 Billion | ▲ +0.0 pp |
| 2008 | -35.9% | GBX-4.27 Billion | GBX11.90 Billion | GBX5.99 Billion | GBX10.26 Billion | ▼ -2.1 pp |
| 2007 | -33.8% | GBX-3.58 Billion | GBX10.57 Billion | GBX4.58 Billion | GBX8.15 Billion | ▲ +6.1 pp |
| 2006 | -39.9% | GBX-3.77 Billion | GBX9.44 Billion | GBX3.75 Billion | GBX7.52 Billion | ▼ -11.5 pp |
| 2005 | -28.4% | GBX-2.46 Billion | GBX8.65 Billion | GBX3.22 Billion | GBX5.68 Billion | ▲ +2.6 pp |
| 2004 | -31.0% | GBX-2.48 Billion | GBX7.99 Billion | GBX3.14 Billion | GBX5.62 Billion | ▲ +0.0 pp |
| 2004 | -31.0% | GBX-2.48 Billion | GBX7.99 Billion | GBX3.14 Billion | GBX5.62 Billion | ▲ +13.7 pp |
| 2003 | -44.7% | GBX-2.93 Billion | GBX6.56 Billion | GBX2.44 Billion | GBX5.37 Billion | ▲ +4.8 pp |
| 2002 | -49.5% | GBX-2.76 Billion | GBX5.57 Billion | GBX2.05 Billion | GBX4.81 Billion | ▲ +4.2 pp |
| 2001 | -53.7% | GBX-2.69 Billion | GBX5.01 Billion | GBX1.69 Billion | GBX4.39 Billion | ▼ -9.0 pp |
| 2000 | -44.7% | GBX-2.15 Billion | GBX4.80 Billion | GBX1.34 Billion | GBX3.49 Billion | ▲ +0.0 pp |
| 2000 | -44.7% | GBX-2.15 Billion | GBX4.80 Billion | GBX1.34 Billion | GBX3.49 Billion | ▼ -0.6 pp |
| 1999 | -44.1% | GBX-1.93 Billion | GBX4.38 Billion | GBX1.15 Billion | GBX3.08 Billion | ▲ +1.3 pp |
| 1998 | -45.4% | GBX-1.77 Billion | GBX3.90 Billion | GBX942.00 Million | GBX2.71 Billion | ▼ -11.2 pp |
| 1997 | -34.1% | GBX-1.33 Billion | GBX3.89 Billion | GBX773.00 Million | GBX2.10 Billion | ▲ +1.2 pp |
| 1996 | -35.4% | GBX-1.27 Billion | GBX3.59 Billion | GBX731.00 Million | GBX2.00 Billion | ▲ +0.0 pp |
| 1996 | -35.4% | GBX-1.27 Billion | GBX3.59 Billion | GBX731.00 Million | GBX2.00 Billion | ▼ -0.4 pp |
| 1995 | -34.9% | GBX-1.09 Billion | GBX3.11 Billion | GBX694.00 Million | GBX1.78 Billion | ▼ -9.1 pp |
| 1994 | -25.8% | GBX-710.00 Million | GBX2.75 Billion | GBX526.00 Million | GBX1.24 Billion | ▼ -6.2 pp |
| 1993 | -19.6% | GBX-527.80 Million | GBX2.69 Billion | GBX527.90 Million | GBX1.06 Billion | ▼ -3.1 pp |
| 1992 | -16.5% | GBX-403.20 Million | GBX2.45 Billion | GBX600.30 Million | GBX1.00 Billion | ▲ +0.0 pp |
| 1992 | -16.5% | GBX-403.20 Million | GBX2.45 Billion | GBX600.30 Million | GBX1.00 Billion | ▼ -2.4 pp |
| 1991 | -14.1% | GBX-304.30 Million | GBX2.16 Billion | GBX808.10 Million | GBX1.11 Billion | ▲ +23.7 pp |
| 1990 | -37.8% | GBX-474.00 Million | GBX1.25 Billion | GBX275.40 Million | GBX749.40 Million | ▼ -7.9 pp |
| 1989 | -29.9% | GBX-308.20 Million | GBX1.03 Billion | GBX317.00 Million | GBX625.20 Million | ▼ -1.6 pp |
| 1988 | -28.3% | GBX-245.60 Million | GBX867.40 Million | GBX263.10 Million | GBX508.70 Million | ▲ +0.0 pp |
| 1988 | -28.3% | GBX-245.60 Million | GBX867.40 Million | GBX263.10 Million | GBX508.70 Million | ▼ -1.7 pp |
| 1987 | -26.6% | GBX-183.60 Million | GBX690.10 Million | GBX256.80 Million | GBX440.40 Million | ▼ -8.7 pp |
| 1986 | -17.9% | GBX-105.20 Million | GBX588.60 Million | GBX351.10 Million | GBX456.30 Million | — |