Whitbread PLC (WTB) — Working Capital to Net Assets Ratio
Whitbread PLC (WTB) has a Working Capital to Net Assets ratio of -16.0% as of February 2026. Working capital of GBX-501.80 Million (current assets of GBX387.60 Million minus current liabilities of GBX889.40 Million) is measured against net assets of GBX3.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See WTB 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
Whitbread PLC Working Capital to Net Assets (1986–2026)
This chart shows how Whitbread PLC's Working Capital to Net Assets ratio has evolved across 51 annual periods from 1986 to 2026. As of February 2026, the ratio stands at -16.0%, reflecting working capital of GBX-501.80 Million against net assets of GBX3.14 Billion GBX. See how many days can Whitbread PLC fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Whitbread PLC (1986–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Whitbread PLC from 1986 to 2026, covering 51 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 WTB market cap.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -16.0% | GBX-501.80 Million | GBX3.14 Billion | GBX387.60 Million | GBX889.40 Million | ▼ -12.5 pp |
| 2025 | -3.5% | GBX-117.70 Million | GBX3.33 Billion | GBX1.20 Billion | GBX1.32 Billion | ▼ -4.1 pp |
| 2024 | 0.6% | GBX21.20 Million | GBX3.52 Billion | GBX891.60 Million | GBX870.40 Million | ▲ +0.0 pp |
| 2024 | 0.6% | GBX21.20 Million | GBX3.52 Billion | GBX891.60 Million | GBX870.40 Million | ▼ -11.1 pp |
| 2023 | 11.7% | GBX482.70 Million | GBX4.11 Billion | GBX1.33 Billion | GBX845.60 Million | ▼ -1.6 pp |
| 2022 | 13.3% | GBX548.60 Million | GBX4.12 Billion | GBX1.27 Billion | GBX719.60 Million | ▼ -1.7 pp |
| 2021 | 15.0% | GBX575.20 Million | GBX3.83 Billion | GBX1.35 Billion | GBX775.30 Million | ▲ +10.0 pp |
| 2020 | 5.0% | GBX186.10 Million | GBX3.75 Billion | GBX833.00 Million | GBX646.90 Million | ▲ +0.0 pp |
| 2020 | 5.0% | GBX186.10 Million | GBX3.75 Billion | GBX833.00 Million | GBX646.90 Million | ▼ -41.1 pp |
| 2019 | 46.1% | GBX2.61 Billion | GBX5.65 Billion | GBX3.56 Billion | GBX949.90 Million | ▲ +64.0 pp |
| 2018 | -17.9% | GBX-500.90 Million | GBX2.80 Billion | GBX350.30 Million | GBX851.20 Million | ▲ +2.0 pp |
| 2017 | -19.9% | GBX-501.20 Million | GBX2.52 Billion | GBX337.60 Million | GBX838.80 Million | ▼ -1.3 pp |
| 2016 | -18.5% | GBX-445.10 Million | GBX2.40 Billion | GBX247.40 Million | GBX692.50 Million | ▲ +0.0 pp |
| 2016 | -18.5% | GBX-445.10 Million | GBX2.40 Billion | GBX247.40 Million | GBX692.50 Million | ▲ +2.7 pp |
| 2015 | -21.2% | GBX-418.60 Million | GBX1.98 Billion | GBX165.50 Million | GBX584.10 Million | ▼ -5.6 pp |
| 2014 | -15.6% | GBX-277.80 Million | GBX1.78 Billion | GBX197.50 Million | GBX475.30 Million | ▼ -0.3 pp |
| 2013 | -15.3% | GBX-236.90 Million | GBX1.55 Billion | GBX172.30 Million | GBX409.20 Million | ▲ +1.8 pp |
| 2012 | -17.1% | GBX-219.20 Million | GBX1.28 Billion | GBX149.00 Million | GBX368.20 Million | ▲ +0.0 pp |
| 2012 | -17.1% | GBX-219.20 Million | GBX1.28 Billion | GBX149.00 Million | GBX368.20 Million | ▼ -2.1 pp |
| 2011 | -15.0% | GBX-186.60 Million | GBX1.24 Billion | GBX144.90 Million | GBX331.50 Million | ▲ +2.2 pp |
| 2010 | -17.3% | GBX-191.30 Million | GBX1.11 Billion | GBX166.70 Million | GBX358.00 Million | ▼ -2.6 pp |
| 2009 | -14.6% | GBX-165.00 Million | GBX1.13 Billion | GBX128.00 Million | GBX293.00 Million | ▲ +21.4 pp |
| 2008 | -36.0% | GBX-474.60 Million | GBX1.32 Billion | GBX183.20 Million | GBX657.80 Million | ▲ +0.0 pp |
| 2008 | -36.0% | GBX-474.60 Million | GBX1.32 Billion | GBX183.20 Million | GBX657.80 Million | ▼ -21.5 pp |
| 2007 | -14.6% | GBX-154.30 Million | GBX1.06 Billion | GBX225.30 Million | GBX379.60 Million | ▼ -20.8 pp |
| 2006 | 6.2% | GBX96.10 Million | GBX1.55 Billion | GBX519.90 Million | GBX423.80 Million | ▲ +19.2 pp |
| 2005 | -13.0% | GBX-236.50 Million | GBX1.82 Billion | GBX224.40 Million | GBX460.90 Million | ▼ -5.1 pp |
| 2004 | -7.9% | GBX-165.30 Million | GBX2.10 Billion | GBX254.90 Million | GBX420.20 Million | ▲ +0.0 pp |
| 2004 | -7.9% | GBX-165.30 Million | GBX2.10 Billion | GBX254.90 Million | GBX420.20 Million | ▲ +4.4 pp |
| 2003 | -12.3% | GBX-244.00 Million | GBX1.99 Billion | GBX230.40 Million | GBX474.40 Million | ▼ -0.7 pp |
| 2002 | -11.6% | GBX-218.60 Million | GBX1.89 Billion | GBX213.20 Million | GBX431.80 Million | ▲ +5.3 pp |
| 2001 | -16.9% | GBX-421.00 Million | GBX2.49 Billion | GBX268.90 Million | GBX689.90 Million | ▲ +19.3 pp |
| 2000 | -36.2% | GBX-920.20 Million | GBX2.54 Billion | GBX526.90 Million | GBX1.45 Billion | ▲ +0.0 pp |
| 2000 | -36.2% | GBX-920.20 Million | GBX2.54 Billion | GBX526.90 Million | GBX1.45 Billion | ▼ -17.8 pp |
| 1999 | -18.5% | GBX-460.50 Million | GBX2.50 Billion | GBX304.00 Million | GBX764.50 Million | ▼ -2.1 pp |
| 1998 | -16.3% | GBX-405.30 Million | GBX2.48 Billion | GBX453.00 Million | GBX858.30 Million | ▼ -3.9 pp |
| 1997 | -12.4% | GBX-281.70 Million | GBX2.26 Billion | GBX489.70 Million | GBX771.40 Million | ▼ -0.4 pp |
| 1996 | -12.1% | GBX-272.00 Million | GBX2.26 Billion | GBX464.00 Million | GBX736.00 Million | ▲ +0.0 pp |
| 1996 | -12.1% | GBX-272.00 Million | GBX2.26 Billion | GBX464.00 Million | GBX736.00 Million | ▼ -12.8 pp |
| 1995 | 0.7% | GBX17.00 Million | GBX2.28 Billion | GBX622.90 Million | GBX605.90 Million | ▲ +7.2 pp |
| 1994 | -6.4% | GBX-141.60 Million | GBX2.21 Billion | GBX435.60 Million | GBX577.20 Million | ▲ +4.3 pp |
| 1993 | -10.7% | GBX-222.40 Million | GBX2.07 Billion | GBX454.20 Million | GBX676.60 Million | ▼ -7.5 pp |
| 1992 | -3.2% | GBX-83.30 Million | GBX2.60 Billion | GBX472.10 Million | GBX555.40 Million | ▲ +0.0 pp |
| 1992 | -3.2% | GBX-83.30 Million | GBX2.60 Billion | GBX472.10 Million | GBX555.40 Million | ▼ -0.7 pp |
| 1991 | -2.5% | GBX-65.60 Million | GBX2.66 Billion | GBX512.20 Million | GBX577.80 Million | ▼ -0.6 pp |
| 1990 | -1.9% | GBX-49.30 Million | GBX2.62 Billion | GBX433.30 Million | GBX482.60 Million | ▼ -1.0 pp |
| 1989 | -0.9% | GBX-19.70 Million | GBX2.20 Billion | GBX417.60 Million | GBX437.30 Million | ▼ -0.8 pp |
| 1988 | -0.1% | GBX-1.20 Million | GBX1.14 Billion | GBX434.90 Million | GBX436.10 Million | ▲ +0.0 pp |
| 1988 | -0.1% | GBX-1.20 Million | GBX1.14 Billion | GBX434.90 Million | GBX436.10 Million | ▼ -2.2 pp |
| 1987 | 2.1% | GBX25.10 Million | GBX1.18 Billion | GBX403.70 Million | GBX378.60 Million | ▲ +0.2 pp |
| 1986 | 1.9% | GBX21.40 Million | GBX1.10 Billion | GBX402.80 Million | GBX381.40 Million | — |