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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see AXB asset base.
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. Explore AXB strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| 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 | — |