IRPC PCL (TPIG) — Working Capital to Net Assets Ratio
IRPC PCL (TPIG) has a Working Capital to Net Assets ratio of 27.7% as of March 2026. Working capital of €20.46 Billion (current assets of €101.98 Billion minus current liabilities of €81.52 Billion) is measured against net assets of €73.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TPIG days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IRPC PCL Working Capital to Net Assets (2018–2025)
This chart shows how IRPC PCL's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 27.7%, reflecting working capital of €20.46 Billion against net assets of €73.89 Billion EUR. For the complete balance sheet picture, see TPIG total assets.
Annual Working Capital to Net Assets for IRPC PCL (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IRPC PCL from 2018 to 2025, covering 8 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. Explore IRPC PCL (TPIG) long-term investment share to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.3% | €8.11 Billion | €65.99 Billion | €67.09 Billion | €58.98 Billion | ▲ +7.8 pp |
| 2024 | 4.5% | €3.16 Billion | €70.11 Billion | €57.00 Billion | €53.84 Billion | ▲ +0.9 pp |
| 2023 | 3.6% | €2.74 Billion | €76.12 Billion | €61.68 Billion | €58.94 Billion | ▼ -7.5 pp |
| 2022 | 11.1% | €8.86 Billion | €79.68 Billion | €70.92 Billion | €62.06 Billion | ▼ -11.2 pp |
| 2021 | 22.3% | €19.56 Billion | €87.71 Billion | €67.10 Billion | €47.54 Billion | ▲ +23.2 pp |
| 2020 | -0.9% | €-687.58 Million | €75.67 Billion | €43.37 Billion | €44.06 Billion | ▲ +1.6 pp |
| 2019 | -2.5% | €-2.06 Billion | €83.40 Billion | €43.65 Billion | €45.71 Billion | ▲ +0.1 pp |
| 2018 | -2.6% | €-2.27 Billion | €87.38 Billion | €46.63 Billion | €48.90 Billion | — |