Workspace Group (LSE:WKP) Current Ratio: 1.05 (As of Mar. 2026) — Near Median


LSE:WKP Workspace Group PLC LSE:WKP
65 GF Score
Price £3.35
GF Value £4.50
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Workspace Group Current Ratio?

Workspace Group LSE:WKP -2.90% 65 Current Ratio is 1.05 as of Mar. 2026, which is 8% above its 10-year median of 0.97. GuruFocus rates LSE:WKP with a GF Score™ of 65/100 and a GF Value™ of £4.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 758 REITs companies, Workspace Group ranks better than 52.77% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Workspace Group's current ratio for the quarter that ended in Mar. 2026 was 1.05.

Workspace Group has a current ratio of 1.05. It generally indicates good short-term financial strength.

The historical rank and industry rank for Workspace Group's Current Ratio or its related term are showing as below:

LSE:WKP' s Current Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.97   Max: 1.61
Current: 1.05

During the past 13 years, Workspace Group's highest Current Ratio was 1.61. The lowest was 0.54. And the median was 0.97.

LSE:WKP's Current Ratio is ranked better than
52.77% of 758 companies
in the REITs industry
Industry Median: 0.98 vs LSE:WKP: 1.05

Workspace Group  (LSE:WKP) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Workspace Group Current Ratio Related Terms


Workspace Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Workspace Group's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Workspace Group Current Ratio Chart

Workspace Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.19 1.23 0.64 1.05

Workspace Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.23 0.54 0.64 1.47 1.05

LSE:WKP vs BXP, ARE, VNO: Current Ratio Comparison

For the REIT - Office subindustry, Workspace Group's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Workspace Group Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Workspace Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Workspace Group's Current Ratio falls into.


LSE:WKP
65GF Score
Workspace Group PLC LSE:WKP
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Workspace Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Workspace Group's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=93.6/88.8
=1.05

Workspace Group's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=93.6/88.8
=1.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.05 mean?
Workspace Group (LSE:WKP) has a Current Ratio of 1.05 as of Mar. 2026. This is near median its historical median of 0.97. Over the past decade, Workspace Group's Current Ratio has ranged from 0.54 to 1.61. According to the industry distribution chart, Workspace Group ranks #358 out of 758 companies in the REITs industry, placing it in the top 47.2%.
Is Workspace Group's Current Ratio too high?
Workspace Group's current Current Ratio of 1.05 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.61. The REITs industry median Current Ratio is 0.98. Workspace Group's value of 1.05 is 7.1% above this industry median. Based on the distribution chart, Workspace Group ranks #358 out of 758 companies in the REITs industry, which is above the industry midpoint. Overall, Workspace Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workspace Group's Current Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Workspace Group ranks #358 out of 758 companies for Current Ratio. This puts Workspace Group in the upper half of its industry. The industry median Current Ratio is 0.98. Workspace Group's value of 1.05 is 7.1% above this benchmark. Historically, Workspace Group's own Current Ratio has ranged from 0.54 to 1.61 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.98, Workspace Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a REITs company?
The median Current Ratio among REITs companies is 0.98, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Workspace Group's current Current Ratio of 1.05 is 7.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workspace Group's current Current Ratio is 1.05, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workspace Group stock overvalued right now?
Based on GuruFocus' analysis, Workspace Group (LSE:WKP) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.50, compared to a current price of £3.35 — trading 25.6% below its estimated fair value. The current Current Ratio is 1.05, which is near median its 10-year median of 0.97 and 7.1% above the REITs industry median of 0.98. Workspace Group's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Workspace Group (LSE:WKP), the current Current Ratio is 1.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workspace Group (LSE:WKP) Overvalued in 2026?

Based on GuruFocus' analysis, Workspace Group stock appears to be undervalued. The current stock price of £3.35 is trading 25.6% below its estimated GF Value™ of £4.50. GuruFocus considers Workspace Group to be Modestly Undervalued.

Key valuation signals for LSE:WKP:

  • Current Ratio: 1.05 (near median its 10-year median of 0.97)
  • GF Value™: £4.50 vs. price of £3.35 (25.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 7.1% above the REITs median (#358 of 758)

No single metric tells the full story. See the LSE:WKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workspace Group Business Description

Industry Real EstateREITs
Address 1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
65GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£3.35
Price
£4.50
GF Value