Tata Steel Limited Working Capital to Net Assets Ratio
Tata Steel Limited working capital to net assets ratio. Tata Steel Limited (TTST) has a Working Capital to Net Assets ratio of -23.5% as of March 2026. Working capital of $-243.97 Billion (current assets of $725.20 Billion minus current liabilities of $969.18 Billion) is measured against net assets of $1.04 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Tata Steel Limited (2018–2026)
Working capital to net assets ratio of Tata Steel Limited from 2018 to 2026. This chart shows how Tata Steel Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2018 to 2026. As of March 2026, the ratio stands at -23.5%, reflecting working capital of $-243.97 Billion against net assets of $1.04 Trillion USD. See Tata Steel Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Tata Steel Limited Working Capital to Net Assets Ratio by Year (2018–2026)
Tata Steel Limited working capital to net assets ratio by year from 2018 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Tata Steel Limited from 2018 to 2026, 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 the complete balance sheet picture, see Tata Steel Limited asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -23.5% | $-243.97 Billion | $1.04 Trillion | $725.20 Billion | $969.18 Billion | ▼ -4.1 pp |
| 2025 | -19.4% | $-177.02 Billion | $913.53 Billion | $683.92 Billion | $860.94 Billion | ▲ +10.8 pp |
| 2024 | -30.1% | $-278.55 Billion | $924.33 Billion | $705.48 Billion | $984.03 Billion | ▼ -20.0 pp |
| 2023 | -10.2% | $-106.89 Billion | $1.05 Trillion | $866.06 Billion | $972.95 Billion | ▼ -11.6 pp |
| 2022 | 1.4% | $16.68 Billion | $1.17 Trillion | $922.56 Billion | $905.88 Billion | ▲ +15.2 pp |
| 2021 | -13.7% | $-106.55 Billion | $775.08 Billion | $602.12 Billion | $708.67 Billion | ▼ -9.9 pp |
| 2020 | -3.8% | $-29.28 Billion | $761.63 Billion | $587.33 Billion | $616.61 Billion | ▼ -1.0 pp |
| 2019 | -2.9% | $-20.43 Billion | $712.90 Billion | $589.91 Billion | $610.34 Billion | ▼ -22.5 pp |
| 2018 | 19.6% | $121.13 Billion | $618.07 Billion | $677.75 Billion | $556.61 Billion | — |