Victrex plc (VCT) — Working Capital to Net Assets Ratio
Victrex plc (VCT) has a Working Capital to Net Assets ratio of 28.7% as of September 2025. Working capital of GBX123.80 Million (current assets of GBX185.40 Million minus current liabilities of GBX61.60 Million) is measured against net assets of GBX431.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See VCT financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Victrex plc Working Capital to Net Assets (1994–2025)
This chart shows how Victrex plc's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of September 2025, the ratio stands at 28.7%, reflecting working capital of GBX123.80 Million against net assets of GBX431.20 Million GBX. See Victrex plc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Victrex plc (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Victrex plc from 1994 to 2025, covering 32 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 how much is Victrex plc worth.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.7% | GBX123.80 Million | GBX431.20 Million | GBX185.40 Million | GBX61.60 Million | ▼ -5.0 pp |
| 2024 | 33.7% | GBX155.50 Million | GBX461.60 Million | GBX201.40 Million | GBX45.90 Million | ▼ -0.8 pp |
| 2023 | 34.5% | GBX172.80 Million | GBX501.00 Million | GBX218.50 Million | GBX45.70 Million | ▲ +4.5 pp |
| 2022 | 30.0% | GBX147.00 Million | GBX490.60 Million | GBX231.60 Million | GBX84.60 Million | ▼ -5.5 pp |
| 2021 | 35.5% | GBX181.60 Million | GBX511.70 Million | GBX237.60 Million | GBX56.00 Million | ▼ -0.5 pp |
| 2020 | 35.9% | GBX172.90 Million | GBX481.00 Million | GBX210.90 Million | GBX38.00 Million | ▲ +1.5 pp |
| 2019 | 34.5% | GBX159.20 Million | GBX461.60 Million | GBX212.20 Million | GBX53.00 Million | ▼ -7.6 pp |
| 2018 | 42.1% | GBX206.20 Million | GBX489.90 Million | GBX257.60 Million | GBX51.40 Million | ▲ +2.8 pp |
| 2017 | 39.3% | GBX188.20 Million | GBX478.40 Million | GBX229.50 Million | GBX41.30 Million | ▲ +8.2 pp |
| 2016 | 31.1% | GBX121.00 Million | GBX389.10 Million | GBX174.80 Million | GBX53.80 Million | ▲ +1.8 pp |
| 2015 | 29.3% | GBX105.20 Million | GBX358.60 Million | GBX148.10 Million | GBX42.90 Million | ▼ -8.6 pp |
| 2014 | 38.0% | GBX134.20 Million | GBX353.40 Million | GBX171.50 Million | GBX37.30 Million | ▼ -6.9 pp |
| 2013 | 44.9% | GBX140.80 Million | GBX313.70 Million | GBX175.50 Million | GBX34.70 Million | ▼ -2.4 pp |
| 2012 | 47.3% | GBX128.30 Million | GBX271.10 Million | GBX164.90 Million | GBX36.60 Million | ▲ +3.1 pp |
| 2011 | 44.2% | GBX98.00 Million | GBX221.60 Million | GBX143.20 Million | GBX45.20 Million | ▲ +1.0 pp |
| 2010 | 43.3% | GBX91.40 Million | GBX211.30 Million | GBX133.90 Million | GBX42.50 Million | ▲ +14.8 pp |
| 2009 | 28.4% | GBX47.80 Million | GBX168.23 Million | GBX74.11 Million | GBX26.31 Million | ▲ +5.1 pp |
| 2008 | 23.4% | GBX38.96 Million | GBX166.79 Million | GBX74.50 Million | GBX35.54 Million | ▲ +1.3 pp |
| 2007 | 22.1% | GBX31.24 Million | GBX141.48 Million | GBX63.43 Million | GBX32.19 Million | ▼ -10.5 pp |
| 2006 | 32.6% | GBX37.01 Million | GBX113.45 Million | GBX65.52 Million | GBX28.51 Million | ▼ -1.6 pp |
| 2005 | 34.2% | GBX31.58 Million | GBX92.25 Million | GBX50.39 Million | GBX18.81 Million | ▲ +2.2 pp |
| 2004 | 32.1% | GBX23.71 Million | GBX73.95 Million | GBX46.41 Million | GBX22.70 Million | ▲ +6.5 pp |
| 2003 | 25.6% | GBX15.65 Million | GBX61.14 Million | GBX31.82 Million | GBX16.17 Million | ▼ -1.8 pp |
| 2002 | 27.4% | GBX14.20 Million | GBX51.76 Million | GBX28.45 Million | GBX14.26 Million | ▲ +20.1 pp |
| 2001 | 7.3% | GBX3.25 Million | GBX44.27 Million | GBX19.76 Million | GBX16.51 Million | ▼ -7.8 pp |
| 2000 | 15.1% | GBX5.33 Million | GBX35.24 Million | GBX19.36 Million | GBX14.02 Million | ▼ -25.4 pp |
| 1999 | 40.5% | GBX11.38 Million | GBX28.06 Million | GBX20.62 Million | GBX9.25 Million | ▲ +6.8 pp |
| 1998 | 33.7% | GBX7.77 Million | GBX23.03 Million | GBX18.20 Million | GBX10.43 Million | ▲ +10.1 pp |
| 1997 | 23.7% | GBX4.20 Million | GBX17.75 Million | GBX16.72 Million | GBX12.52 Million | ▲ +23.1 pp |
| 1996 | 0.6% | GBX73.00K | GBX13.23 Million | GBX13.20 Million | GBX13.13 Million | ▼ -7.8 pp |
| 1995 | 8.3% | GBX675.00K | GBX8.09 Million | GBX12.75 Million | GBX12.07 Million | ▼ -127.4 pp |
| 1994 | 135.7% | GBX9.27 Million | GBX6.83 Million | GBX14.29 Million | GBX5.02 Million | — |