Immunocore Holdings Ltd (IMCR) — Working Capital to Net Assets Ratio
Immunocore Holdings Ltd (IMCR) has a Working Capital to Net Assets ratio of 215.0% as of September 2025. Working capital of $852.50 Million (current assets of $1.02 Billion minus current liabilities of $170.35 Million) is measured against net assets of $396.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Immunocore Holdings Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Immunocore Holdings Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Immunocore Holdings Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 215.0%, reflecting working capital of $852.50 Million against net assets of $396.56 Million USD. For the complete balance sheet picture, see how large is Immunocore Holdings Ltd's balance sheet.
Annual Working Capital to Net Assets for Immunocore Holdings Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Immunocore Holdings Ltd from 2018 to 2024, covering 7 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. Check Immunocore Holdings Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 199.0% | $717.68 Million | $360.72 Million | $929.86 Million | $212.18 Million | ▲ +93.3 pp |
| 2023 | 105.7% | $389.80 Million | $368.84 Million | $528.82 Million | $139.02 Million | ▼ -4.4 pp |
| 2022 | 110.1% | $373.14 Million | $338.90 Million | $473.98 Million | $100.83 Million | ▼ -7.4 pp |
| 2021 | 117.5% | $272.01 Million | $231.53 Million | $354.58 Million | $82.57 Million | ▼ -59.5 pp |
| 2020 | 176.9% | $97.93 Million | $55.35 Million | $152.93 Million | $55.00 Million | ▼ -92.3 pp |
| 2019 | 269.2% | $52.68 Million | $19.57 Million | $164.64 Million | $111.96 Million | ▲ +54.4 pp |
| 2018 | 214.9% | $121.57 Million | $56.58 Million | $171.18 Million | $49.61 Million | — |