BW LPG Limited (BWLP) — Working Capital to Net Assets Ratio
BW LPG Limited (BWLP) has a Working Capital to Net Assets ratio of 13.7% as of March 2026. Working capital of $277.62 Million (current assets of $867.71 Million minus current liabilities of $590.09 Million) is measured against net assets of $2.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of BW LPG Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BW LPG Limited Working Capital to Net Assets (2016–2025)
This chart shows how BW LPG Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 13.7%, reflecting working capital of $277.62 Million against net assets of $2.03 Billion USD. See how many days can BW LPG Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for BW LPG Limited (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for BW LPG Limited from 2016 to 2025, 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 market cap of BW LPG Limited.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.0% | $211.15 Million | $1.93 Billion | $636.72 Million | $425.56 Million | ▲ +7.5 pp |
| 2024 | 3.5% | $67.82 Million | $1.94 Billion | $677.93 Million | $610.11 Million | ▼ -10.6 pp |
| 2023 | 14.1% | $223.37 Million | $1.59 Billion | $878.71 Million | $655.34 Million | ▼ -1.3 pp |
| 2022 | 15.4% | $246.67 Million | $1.60 Billion | $742.68 Million | $496.01 Million | ▼ -1.4 pp |
| 2021 | 16.8% | $232.59 Million | $1.38 Billion | $451.81 Million | $219.23 Million | ▲ +7.4 pp |
| 2020 | 9.4% | $117.93 Million | $1.25 Billion | $374.70 Million | $256.78 Million | ▼ -0.6 pp |
| 2019 | 10.0% | $117.98 Million | $1.18 Billion | $387.98 Million | $270.00 Million | ▲ +8.4 pp |
| 2018 | 1.6% | $15.73 Million | $983.62 Million | $188.85 Million | $173.12 Million | ▲ +4.3 pp |
| 2017 | -2.7% | $-29.42 Million | $1.07 Billion | $276.01 Million | $305.43 Million | ▲ +26.9 pp |
| 2016 | -29.6% | $-330.89 Million | $1.12 Billion | $165.61 Million | $496.51 Million | — |