Ferroglobe PLC (GSM) — Working Capital to Net Assets Ratio
Ferroglobe PLC (GSM) has a Working Capital to Net Assets ratio of 34.0% as of March 2026. Working capital of $228.14 Million (current assets of $760.17 Million minus current liabilities of $532.03 Million) is measured against net assets of $670.46 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Ferroglobe PLC to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ferroglobe PLC Working Capital to Net Assets (2011–2025)
This chart shows how Ferroglobe PLC's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 34.0%, reflecting working capital of $228.14 Million against net assets of $670.46 Million USD. See Ferroglobe PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ferroglobe PLC (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ferroglobe PLC from 2011 to 2025, covering 15 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 Ferroglobe PLC (GSM) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 42.2% | $292.44 Million | $692.26 Million | $733.73 Million | $441.29 Million | ▼ -2.0 pp |
| 2024 | 44.2% | $368.99 Million | $834.25 Million | $817.60 Million | $448.61 Million | ▼ -18.2 pp |
| 2023 | 62.4% | $542.96 Million | $869.89 Million | $1.04 Billion | $494.00 Million | ▼ -18.0 pp |
| 2022 | 80.4% | $608.32 Million | $756.81 Million | $1.29 Billion | $678.50 Million | ▲ +33.3 pp |
| 2021 | 47.1% | $150.65 Million | $320.03 Million | $804.27 Million | $653.63 Million | ▼ -14.3 pp |
| 2020 | 61.4% | $224.45 Million | $365.72 Million | $657.24 Million | $432.79 Million | ▼ -8.5 pp |
| 2019 | 69.8% | $420.69 Million | $602.30 Million | $818.14 Million | $397.46 Million | ▲ +28.8 pp |
| 2018 | 41.0% | $387.19 Million | $943.79 Million | $882.66 Million | $495.47 Million | ▲ +2.0 pp |
| 2017 | 39.0% | $378.85 Million | $970.78 Million | $770.52 Million | $391.67 Million | ▲ +17.4 pp |
| 2016 | 21.7% | $236.83 Million | $1.09 Billion | $809.81 Million | $572.98 Million | ▼ -6.1 pp |
| 2015 | 27.7% | $359.07 Million | $1.29 Billion | $851.76 Million | $492.69 Million | ▼ -49.4 pp |
| 2014 | 77.1% | $391.53 Million | $507.68 Million | $803.42 Million | $411.90 Million | ▲ +9.6 pp |
| 2013 | 67.5% | $529.39 Million | $783.97 Million | $944.28 Million | $414.88 Million | ▲ +14.3 pp |
| 2012 | 53.2% | $424.65 Million | $798.45 Million | $1.00 Billion | $580.15 Million | ▲ +53.2 pp |
| 2011 | 0.0% | $0.00 | $1.68 Billion | $0.00 | $0.00 | — |