Larsen & Toubro Limited (LTO) — Working Capital to Net Assets Ratio
Larsen & Toubro Limited (LTO) has a Working Capital to Net Assets ratio of 37.6% as of March 2025. Working capital of €433.71 Billion (current assets of €2.45 Trillion minus current liabilities of €2.02 Trillion) is measured against net assets of €1.15 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Larsen & Toubro Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Larsen & Toubro Limited Working Capital to Net Assets (2017–2025)
This chart shows how Larsen & Toubro Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2025, the ratio stands at 37.6%, reflecting working capital of €433.71 Billion against net assets of €1.15 Trillion EUR. See defensive interval ratio of Larsen & Toubro Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Larsen & Toubro Limited (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Larsen & Toubro Limited from 2017 to 2025, covering 9 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 LTO market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.6% | €433.71 Billion | €1.15 Trillion | €2.45 Trillion | €2.02 Trillion | ▼ -2.9 pp |
| 2024 | 40.4% | €414.79 Billion | €1.03 Trillion | €2.19 Trillion | €1.77 Trillion | ▼ -17.6 pp |
| 2023 | 58.1% | €601.38 Billion | €1.04 Trillion | €2.22 Trillion | €1.62 Trillion | ▲ +6.9 pp |
| 2022 | 51.1% | €487.62 Billion | €953.74 Billion | €2.08 Trillion | €1.59 Trillion | ▼ -14.3 pp |
| 2021 | 65.5% | €575.59 Billion | €879.20 Billion | €1.95 Trillion | €1.37 Trillion | ▲ +15.7 pp |
| 2020 | 49.8% | €379.61 Billion | €762.44 Billion | €1.83 Trillion | €1.45 Trillion | ▲ +2.1 pp |
| 2019 | 47.7% | €329.89 Billion | €692.01 Billion | €1.67 Trillion | €1.34 Trillion | ▼ -5.1 pp |
| 2018 | 52.8% | €323.56 Billion | €612.82 Billion | €1.42 Trillion | €1.09 Trillion | ▼ -7.3 pp |
| 2017 | 60.1% | €323.16 Billion | €537.80 Billion | €1.22 Trillion | €895.25 Billion | — |