Axis Bank Ltd GDR (AXB) — Working Capital to Net Assets Ratio
Axis Bank Ltd GDR (AXB) has a Working Capital to Net Assets ratio of -643.1% as of March 2023. Working capital of $-8.37 Trillion (current assets of $1.09 Trillion minus current liabilities of $9.46 Trillion) is measured against net assets of $1.30 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Axis Bank Ltd GDR financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Axis Bank Ltd GDR Working Capital to Net Assets (2018–2023)
This chart shows how Axis Bank Ltd GDR's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of March 2023, the ratio stands at -643.1%, reflecting working capital of $-8.37 Trillion against net assets of $1.30 Trillion USD. See Axis Bank Ltd GDR liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Axis Bank Ltd GDR (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Axis Bank Ltd GDR from 2018 to 2023, covering 6 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 AXB stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -643.1% | $-8.37 Trillion | $1.30 Trillion | $1.09 Trillion | $9.46 Trillion | ▼ -77.2 pp |
| 2022 | -565.9% | $-6.71 Trillion | $1.19 Trillion | $1.63 Trillion | $8.34 Trillion | ▲ +2.5 pp |
| 2021 | -568.4% | $-5.90 Trillion | $1.04 Trillion | $1.19 Trillion | $7.09 Trillion | ▲ +5.4 pp |
| 2020 | -573.8% | $-4.96 Trillion | $864.54 Billion | $1.53 Trillion | $6.49 Trillion | ▲ +95.3 pp |
| 2019 | -669.1% | $-4.54 Trillion | $678.87 Billion | $1.05 Trillion | $5.59 Trillion | ▼ -64.5 pp |
| 2018 | -604.6% | $-3.89 Trillion | $642.77 Billion | $751.51 Billion | $4.64 Trillion | — |