Victoria PLC (VCP) — Working Capital to Net Assets Ratio
Victoria PLC (VCP) has a Working Capital to Net Assets ratio of -52.3% as of September 2025. Working capital of GBX215.30 Million (current assets of GBX628.50 Million minus current liabilities of GBX413.20 Million) is measured against net assets of GBX-411.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Victoria PLC balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Victoria PLC Working Capital to Net Assets (2002–2025)
This chart shows how Victoria PLC's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2002 to 2025. As of September 2025, the ratio stands at -52.3%, reflecting working capital of GBX215.30 Million against net assets of GBX-411.80 Million GBX. Check VCP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Victoria PLC (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Victoria PLC from 2002 to 2025, covering 25 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 VCP stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -58.2% | GBX158.90 Million | GBX-273.10 Million | GBX610.30 Million | GBX451.40 Million | ▲ +845.0 pp |
| 2024 | -903.2% | GBX200.50 Million | GBX-22.20 Million | GBX663.10 Million | GBX462.60 Million | ▼ -1135.3 pp |
| 2023 | 232.2% | GBX276.30 Million | GBX119.00 Million | GBX761.30 Million | GBX485.00 Million | ▲ +35.7 pp |
| 2022 | 196.5% | GBX398.10 Million | GBX202.60 Million | GBX778.10 Million | GBX380.00 Million | ▲ +3.8 pp |
| 2021 | 192.7% | GBX401.20 Million | GBX208.20 Million | GBX663.30 Million | GBX262.10 Million | ▲ +97.8 pp |
| 2020 | 94.9% | GBX228.40 Million | GBX240.60 Million | GBX486.30 Million | GBX257.90 Million | ▲ +49.9 pp |
| 2019 | 45.0% | GBX143.90 Million | GBX319.90 Million | GBX322.90 Million | GBX179.00 Million | ▲ +0.9 pp |
| 2018 | 44.1% | GBX117.00 Million | GBX265.60 Million | GBX242.50 Million | GBX125.50 Million | ▼ -42.3 pp |
| 2017 | 86.4% | GBX68.50 Million | GBX79.30 Million | GBX156.20 Million | GBX87.70 Million | ▲ +15.2 pp |
| 2016 | 71.2% | GBX50.59 Million | GBX71.03 Million | GBX120.99 Million | GBX70.40 Million | ▲ +9.6 pp |
| 2015 | 61.6% | GBX14.40 Million | GBX23.38 Million | GBX73.75 Million | GBX59.35 Million | ▼ -15.9 pp |
| 2014 | 77.5% | GBX26.84 Million | GBX34.64 Million | GBX50.91 Million | GBX24.06 Million | ▲ +0.0 pp |
| 2014 | 77.5% | GBX26.84 Million | GBX34.64 Million | GBX50.91 Million | GBX24.06 Million | ▲ +34.5 pp |
| 2013 | 43.0% | GBX16.54 Million | GBX38.47 Million | GBX33.87 Million | GBX17.33 Million | ▲ +1.4 pp |
| 2012 | 41.6% | GBX16.79 Million | GBX40.32 Million | GBX38.45 Million | GBX21.66 Million | ▼ -1.0 pp |
| 2011 | 42.6% | GBX16.93 Million | GBX39.76 Million | GBX36.35 Million | GBX19.41 Million | ▲ +2.0 pp |
| 2010 | 40.6% | GBX15.13 Million | GBX37.26 Million | GBX31.84 Million | GBX16.71 Million | ▼ -3.0 pp |
| 2009 | 43.7% | GBX14.22 Million | GBX32.57 Million | GBX29.06 Million | GBX14.85 Million | ▲ +2.8 pp |
| 2008 | 40.8% | GBX13.29 Million | GBX32.56 Million | GBX28.94 Million | GBX15.65 Million | ▲ +1.1 pp |
| 2007 | 39.7% | GBX11.50 Million | GBX28.98 Million | GBX26.00 Million | GBX14.49 Million | ▲ +5.4 pp |
| 2006 | 34.3% | GBX9.54 Million | GBX27.81 Million | GBX26.56 Million | GBX17.02 Million | ▲ +0.2 pp |
| 2005 | 34.1% | GBX9.18 Million | GBX26.91 Million | GBX24.70 Million | GBX15.52 Million | ▼ -1.2 pp |
| 2004 | 35.4% | GBX8.96 Million | GBX25.33 Million | GBX25.01 Million | GBX16.05 Million | ▲ +1.5 pp |
| 2003 | 33.8% | GBX7.60 Million | GBX22.45 Million | GBX20.33 Million | GBX12.73 Million | ▼ -2.7 pp |
| 2002 | 36.6% | GBX7.61 Million | GBX20.79 Million | GBX14.61 Million | GBX7.00 Million | — |