Volex Plc (VLX) — Working Capital to Net Assets Ratio
Volex Plc (VLX) has a Working Capital to Net Assets ratio of 47.6% as of September 2025. Working capital of GBX200.90 Million (current assets of GBX507.30 Million minus current liabilities of GBX306.40 Million) is measured against net assets of GBX422.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Volex Plc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Volex Plc Working Capital to Net Assets (1986–2025)
This chart shows how Volex Plc's Working Capital to Net Assets ratio has evolved across 49 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 47.6%, reflecting working capital of GBX200.90 Million against net assets of GBX422.50 Million GBX. Check VLX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Volex Plc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Volex Plc from 1986 to 2025, covering 49 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 Volex Plc market capitalisation.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 42.2% | GBX156.10 Million | GBX370.20 Million | GBX472.70 Million | GBX316.60 Million | ▲ +1.3 pp |
| 2024 | 40.9% | GBX137.20 Million | GBX335.60 Million | GBX417.90 Million | GBX280.70 Million | ▼ -8.1 pp |
| 2023 | 48.9% | GBX92.33 Million | GBX188.62 Million | GBX240.42 Million | GBX148.09 Million | ▼ 0.0 pp |
| 2023 | 48.9% | GBX113.61 Million | GBX232.11 Million | GBX295.84 Million | GBX182.23 Million | ▼ -7.1 pp |
| 2022 | 56.1% | GBX89.14 Million | GBX158.98 Million | GBX218.38 Million | GBX129.24 Million | ▲ +0.0 pp |
| 2022 | 56.1% | GBX116.60 Million | GBX207.97 Million | GBX285.67 Million | GBX169.07 Million | ▲ +18.2 pp |
| 2021 | 37.8% | GBX50.31 Million | GBX132.99 Million | GBX164.22 Million | GBX113.91 Million | ▲ +0.0 pp |
| 2021 | 37.8% | GBX69.60 Million | GBX184.00 Million | GBX227.20 Million | GBX157.60 Million | ▼ -4.8 pp |
| 2020 | 42.7% | GBX51.32 Million | GBX120.30 Million | GBX127.80 Million | GBX76.48 Million | ▼ -5.6 pp |
| 2020 | 48.2% | GBX62.98 Million | GBX130.53 Million | GBX156.82 Million | GBX93.85 Million | ▼ -10.5 pp |
| 2019 | 58.8% | GBX67.95 Million | GBX115.65 Million | GBX151.26 Million | GBX83.30 Million | ▼ -31.3 pp |
| 2018 | 90.1% | GBX43.36 Million | GBX48.14 Million | GBX130.23 Million | GBX86.88 Million | ▲ +0.0 pp |
| 2018 | 90.1% | GBX43.36 Million | GBX48.14 Million | GBX130.23 Million | GBX86.88 Million | ▼ -7.3 pp |
| 2017 | 97.3% | GBX45.07 Million | GBX46.31 Million | GBX127.64 Million | GBX82.57 Million | ▼ 0.0 pp |
| 2017 | 97.3% | GBX45.07 Million | GBX46.31 Million | GBX127.64 Million | GBX82.57 Million | ▲ +4.3 pp |
| 2016 | 93.1% | GBX47.79 Million | GBX51.35 Million | GBX136.34 Million | GBX88.56 Million | ▲ +0.0 pp |
| 2016 | 93.1% | GBX47.79 Million | GBX51.35 Million | GBX136.34 Million | GBX88.55 Million | ▲ +11.3 pp |
| 2015 | 81.7% | GBX44.54 Million | GBX54.51 Million | GBX152.39 Million | GBX107.85 Million | ▲ +0.0 pp |
| 2015 | 81.7% | GBX44.54 Million | GBX54.51 Million | GBX152.39 Million | GBX107.85 Million | ▼ -31.2 pp |
| 2014 | 113.0% | GBX41.48 Million | GBX36.73 Million | GBX132.32 Million | GBX90.84 Million | ▲ +0.0 pp |
| 2014 | 113.0% | GBX41.48 Million | GBX36.73 Million | GBX132.32 Million | GBX90.84 Million | ▲ +14.7 pp |
| 2013 | 98.2% | GBX44.84 Million | GBX45.65 Million | GBX153.33 Million | GBX108.49 Million | ▼ -34.1 pp |
| 2012 | 132.4% | GBX67.92 Million | GBX51.31 Million | GBX201.23 Million | GBX133.31 Million | ▲ +58.3 pp |
| 2011 | 74.1% | GBX29.54 Million | GBX39.87 Million | GBX199.03 Million | GBX169.49 Million | ▼ -194.3 pp |
| 2010 | 268.4% | GBX52.16 Million | GBX19.44 Million | GBX163.11 Million | GBX110.96 Million | ▼ -281.9 pp |
| 2009 | 550.2% | GBX51.04 Million | GBX9.28 Million | GBX149.17 Million | GBX98.14 Million | ▲ +359.7 pp |
| 2008 | 190.5% | GBX85.57 Million | GBX44.92 Million | GBX205.57 Million | GBX120.01 Million | ▲ +24.4 pp |
| 2007 | 166.1% | GBX86.58 Million | GBX52.12 Million | GBX192.35 Million | GBX105.77 Million | ▼ -10.1 pp |
| 2006 | 176.3% | GBX83.91 Million | GBX47.60 Million | GBX174.82 Million | GBX90.92 Million | ▲ +131.6 pp |
| 2005 | 44.7% | GBX12.91 Million | GBX28.87 Million | GBX178.23 Million | GBX165.32 Million | ▼ -91.9 pp |
| 2004 | 136.6% | GBX79.03 Million | GBX57.84 Million | GBX162.91 Million | GBX83.88 Million | ▲ +15.3 pp |
| 2003 | 121.3% | GBX86.70 Million | GBX71.46 Million | GBX154.16 Million | GBX67.46 Million | ▲ +12.2 pp |
| 2002 | 109.2% | GBX92.36 Million | GBX84.60 Million | GBX146.40 Million | GBX54.04 Million | ▲ +12.8 pp |
| 2001 | 96.4% | GBX97.85 Million | GBX101.49 Million | GBX210.18 Million | GBX112.33 Million | ▲ +20.2 pp |
| 2000 | 76.2% | GBX71.93 Million | GBX94.44 Million | GBX205.50 Million | GBX133.57 Million | ▲ +3.2 pp |
| 1999 | 73.0% | GBX62.30 Million | GBX85.36 Million | GBX137.74 Million | GBX75.44 Million | ▼ -0.1 pp |
| 1998 | 73.1% | GBX58.29 Million | GBX79.72 Million | GBX123.35 Million | GBX65.06 Million | ▼ -9.4 pp |
| 1997 | 82.5% | GBX59.16 Million | GBX71.68 Million | GBX115.32 Million | GBX56.16 Million | ▲ +7.7 pp |
| 1996 | 74.8% | GBX50.39 Million | GBX67.36 Million | GBX108.93 Million | GBX58.55 Million | ▲ +2.9 pp |
| 1995 | 71.9% | GBX46.41 Million | GBX64.55 Million | GBX106.75 Million | GBX60.35 Million | ▲ +32.6 pp |
| 1994 | 39.3% | GBX25.68 Million | GBX65.37 Million | GBX85.64 Million | GBX59.97 Million | ▼ -7.2 pp |
| 1993 | 46.5% | GBX28.13 Million | GBX60.55 Million | GBX87.75 Million | GBX59.61 Million | ▼ -15.0 pp |
| 1992 | 61.5% | GBX31.56 Million | GBX51.32 Million | GBX62.72 Million | GBX31.15 Million | ▲ +28.2 pp |
| 1991 | 33.3% | GBX19.44 Million | GBX58.30 Million | GBX59.66 Million | GBX40.22 Million | ▼ -4.5 pp |
| 1990 | 37.8% | GBX20.94 Million | GBX55.34 Million | GBX61.95 Million | GBX41.01 Million | ▼ 0.0 pp |
| 1989 | 37.9% | GBX20.55 Million | GBX54.23 Million | GBX63.88 Million | GBX43.33 Million | ▼ -8.4 pp |
| 1988 | 46.3% | GBX21.53 Million | GBX46.54 Million | GBX64.83 Million | GBX43.30 Million | ▼ -6.1 pp |
| 1987 | 52.3% | GBX17.94 Million | GBX34.28 Million | GBX51.83 Million | GBX33.89 Million | ▼ -0.5 pp |
| 1986 | 52.8% | GBX14.21 Million | GBX26.90 Million | GBX37.96 Million | GBX23.75 Million | — |