Vertical Aerospace Ltd (EVTL) — Working Capital to Net Assets Ratio
Vertical Aerospace Ltd (EVTL) has a Working Capital to Net Assets ratio of 125.9% as of March 2026. Working capital of $-15.51 Million (current assets of $109.88 Million minus current liabilities of $125.39 Million) is measured against net assets of $-12.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vertical Aerospace Ltd (EVTL) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vertical Aerospace Ltd Working Capital to Net Assets (2019–2025)
This chart shows how Vertical Aerospace Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 125.9%, reflecting working capital of $-15.51 Million against net assets of $-12.31 Million USD. For the complete balance sheet picture, see balance sheet size of Vertical Aerospace Ltd.
Annual Working Capital to Net Assets for Vertical Aerospace Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vertical Aerospace Ltd from 2019 to 2025, 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 EVTL financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 101.6% | $-123.18 Million | $-121.23 Million | $99.60 Million | $222.78 Million | ▲ +106.8 pp |
| 2024 | -5.2% | $25.95 Million | $-499.34 Million | $42.55 Million | $16.60 Million | ▲ +112.1 pp |
| 2023 | -117.3% | $58.38 Million | $-49.78 Million | $76.79 Million | $18.42 Million | ▼ -207.8 pp |
| 2022 | 90.5% | $6.62 Million | $7.32 Million | $143.38 Million | $136.75 Million | ▼ -192.2 pp |
| 2021 | 282.6% | $174.00 Million | $61.56 Million | $225.32 Million | $51.32 Million | ▼ -199.0 pp |
| 2020 | 481.7% | $-4.52 Million | $-938.00K | $4.37 Million | $8.89 Million | ▲ +459.8 pp |
| 2019 | 21.8% | $909.00K | $4.16 Million | $2.50 Million | $1.59 Million | — |