HSBC Holdings plc (HBCN) — Working Capital to Net Assets Ratio
HSBC Holdings plc (HBCN) has a Working Capital to Net Assets ratio of -494.1% as of June 2023. Working capital of MX$-946.90 Billion (current assets of MX$1.37 Trillion minus current liabilities of MX$2.31 Trillion) is measured against net assets of MX$191.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of HSBC Holdings plc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HSBC Holdings plc Working Capital to Net Assets (2013–2022)
This chart shows how HSBC Holdings plc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at -494.1%, reflecting working capital of MX$-946.90 Billion against net assets of MX$191.65 Billion MXN. See HSBC Holdings plc (HBCN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for HSBC Holdings plc (2013–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for HSBC Holdings plc from 2013 to 2022, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see HBCN market cap overview.
| Year | WC/NA Ratio | Working Capital (MXN) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -536.1% | MX$-1.05 Trillion | MX$196.03 Billion | MX$1.39 Trillion | MX$2.44 Trillion | ▲ +24.3 pp |
| 2021 | -560.4% | MX$-1.16 Trillion | MX$206.78 Billion | MX$1.24 Trillion | MX$2.40 Trillion | ▲ +21.7 pp |
| 2020 | -582.1% | MX$-1.19 Trillion | MX$205.00 Billion | MX$1.24 Trillion | MX$2.43 Trillion | ▲ +13.3 pp |
| 2019 | -595.4% | MX$-1.15 Trillion | MX$192.67 Billion | MX$1.03 Trillion | MX$2.18 Trillion | ▼ -42.6 pp |
| 2018 | -552.8% | MX$-1.07 Trillion | MX$194.25 Billion | MX$967.89 Billion | MX$2.04 Trillion | ▼ -40.1 pp |
| 2017 | -512.7% | MX$-1.01 Trillion | MX$197.87 Billion | MX$978.81 Billion | MX$1.99 Trillion | ▲ +31.6 pp |
| 2016 | -544.3% | MX$-993.82 Billion | MX$182.58 Billion | MX$925.58 Billion | MX$1.92 Trillion | ▼ -13.7 pp |
| 2015 | -530.6% | MX$-1.05 Trillion | MX$197.52 Billion | MX$908.79 Billion | MX$1.96 Trillion | ▲ +23.2 pp |
| 2014 | -553.8% | MX$-1.11 Trillion | MX$199.98 Billion | MX$1.08 Trillion | MX$2.19 Trillion | ▲ +35.1 pp |
| 2013 | -589.0% | MX$-1.12 Trillion | MX$190.46 Billion | MX$1.08 Trillion | MX$2.21 Trillion | — |