Tronox Holdings PLC (TROX) — Working Capital to Net Assets Ratio
Tronox Holdings PLC (TROX) has a Working Capital to Net Assets ratio of 92.9% as of December 2025. Working capital of $1.35 Billion (current assets of $2.27 Billion minus current liabilities of $919.00 Million) is measured against net assets of $1.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tronox Holdings PLC (TROX) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tronox Holdings PLC Working Capital to Net Assets (2004–2025)
This chart shows how Tronox Holdings PLC's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 92.9%, reflecting working capital of $1.35 Billion against net assets of $1.45 Billion USD. For the complete balance sheet picture, see Tronox Holdings PLC asset portfolio.
Annual Working Capital to Net Assets for Tronox Holdings PLC (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tronox Holdings PLC from 2004 to 2025, covering 21 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 asset resilience ratio of Tronox Holdings PLC 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 | 92.9% | $1.35 Billion | $1.45 Billion | $2.27 Billion | $919.00 Million | ▲ +21.4 pp |
| 2024 | 71.5% | $1.28 Billion | $1.79 Billion | $2.15 Billion | $874.00 Million | ▲ +1.7 pp |
| 2023 | 69.8% | $1.38 Billion | $1.98 Billion | $2.13 Billion | $753.00 Million | ▲ +23.6 pp |
| 2022 | 46.2% | $1.11 Billion | $2.40 Billion | $1.96 Billion | $850.00 Million | ▼ -13.9 pp |
| 2021 | 60.1% | $1.23 Billion | $2.04 Billion | $2.05 Billion | $822.00 Million | ▼ -32.1 pp |
| 2020 | 92.1% | $1.72 Billion | $1.87 Billion | $2.53 Billion | $805.00 Million | ▼ -57.5 pp |
| 2019 | 149.7% | $1.37 Billion | $916.00 Million | $2.07 Billion | $702.00 Million | ▼ -110.7 pp |
| 2018 | 260.3% | $2.24 Billion | $862.00 Million | $2.54 Billion | $300.00 Million | ▲ +35.1 pp |
| 2017 | 225.2% | $2.29 Billion | $1.01 Billion | $2.64 Billion | $353.00 Million | ▲ +38.0 pp |
| 2016 | 187.3% | $2.17 Billion | $1.16 Billion | $2.74 Billion | $564.00 Million | ▲ +119.4 pp |
| 2015 | 67.8% | $753.00 Million | $1.11 Billion | $1.30 Billion | $548.00 Million | ▼ -44.9 pp |
| 2014 | 112.7% | $2.02 Billion | $1.79 Billion | $2.38 Billion | $366.00 Million | ▲ +18.7 pp |
| 2013 | 94.0% | $2.29 Billion | $2.44 Billion | $2.65 Billion | $363.00 Million | ▲ +34.8 pp |
| 2012 | 59.2% | $1.71 Billion | $2.88 Billion | $2.17 Billion | $467.00 Million | ▼ -5.7 pp |
| 2011 | 64.9% | $488.10 Million | $752.30 Million | $769.00 Million | $280.90 Million | ▲ +141.6 pp |
| 2010 | -76.7% | $483.40 Million | $-630.00 Million | $735.70 Million | $252.30 Million | ▲ +3.0 pp |
| 2009 | -79.7% | $488.70 Million | $-613.20 Million | $697.70 Million | $209.00 Million | ▼ -136.7 pp |
| 2007 | 57.0% | $244.90 Million | $429.60 Million | $693.10 Million | $448.20 Million | ▼ -30.4 pp |
| 2006 | 87.4% | $382.20 Million | $437.30 Million | $794.10 Million | $411.90 Million | ▲ +4.7 pp |
| 2005 | 82.7% | $404.40 Million | $489.00 Million | $779.40 Million | $375.00 Million | ▲ +55.7 pp |
| 2004 | 27.0% | $240.20 Million | $889.90 Million | $599.50 Million | $359.30 Million | — |