Adani Enterprises Limited Working Capital to Net Assets Ratio
Adani Enterprises Limited working capital to net assets ratio. Adani Enterprises Limited (ADANIENT) has a Working Capital to Net Assets ratio of -2.6% as of September 2025. Working capital of Rs-16.15 Billion (current assets of Rs470.21 Billion minus current liabilities of Rs486.36 Billion) is measured against net assets of Rs615.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ADANIENT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Adani Enterprises Limited (2004–2025)
Working capital to net assets ratio of Adani Enterprises Limited from 2004 to 2025. This chart shows how Adani Enterprises Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at -2.6%, reflecting working capital of Rs-16.15 Billion against net assets of Rs615.78 Billion INR. See how many days can Adani Enterprises Limited fund operations to measure how many days the company can operate on defensive assets alone.
Adani Enterprises Limited Working Capital to Net Assets Ratio by Year (2004–2025)
Adani Enterprises Limited working capital to net assets ratio by year from 2004 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Adani Enterprises Limited from 2004 to 2025, covering 22 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 Adani Enterprises Limited total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.8% | Rs-66.39 Billion | Rs564.70 Billion | Rs407.44 Billion | Rs473.83 Billion | ▲ +5.9 pp |
| 2024 | -17.6% | Rs-77.92 Billion | Rs441.86 Billion | Rs368.60 Billion | Rs446.52 Billion | ▲ +2.9 pp |
| 2023 | -20.5% | Rs-77.81 Billion | Rs378.90 Billion | Rs370.22 Billion | Rs448.03 Billion | ▲ +27.4 pp |
| 2022 | -47.9% | Rs-129.04 Billion | Rs269.28 Billion | Rs309.45 Billion | Rs438.50 Billion | ▼ -39.9 pp |
| 2021 | -8.0% | Rs-15.20 Billion | Rs189.10 Billion | Rs199.63 Billion | Rs214.83 Billion | ▼ -12.9 pp |
| 2020 | 4.9% | Rs8.94 Billion | Rs182.10 Billion | Rs241.83 Billion | Rs232.89 Billion | ▲ +0.8 pp |
| 2019 | 4.1% | Rs6.19 Billion | Rs151.44 Billion | Rs229.99 Billion | Rs223.81 Billion | ▼ -5.3 pp |
| 2018 | 9.4% | Rs14.71 Billion | Rs155.88 Billion | Rs358.70 Billion | Rs343.99 Billion | ▲ +9.9 pp |
| 2017 | -0.5% | Rs-683.00 Million | Rs146.98 Billion | Rs221.59 Billion | Rs222.27 Billion | ▼ -6.3 pp |
| 2016 | 5.9% | Rs7.90 Billion | Rs135.01 Billion | Rs240.08 Billion | Rs232.18 Billion | ▲ +39.9 pp |
| 2015 | -34.0% | Rs-101.50 Billion | Rs298.30 Billion | Rs327.25 Billion | Rs428.75 Billion | ▲ +0.7 pp |
| 2014 | -34.8% | Rs-98.14 Billion | Rs282.38 Billion | Rs269.02 Billion | Rs367.15 Billion | ▼ -10.4 pp |
| 2013 | -24.4% | Rs-60.21 Billion | Rs246.93 Billion | Rs280.23 Billion | Rs340.45 Billion | ▼ -6.4 pp |
| 2012 | -18.0% | Rs-41.37 Billion | Rs229.52 Billion | Rs257.52 Billion | Rs298.89 Billion | ▼ -58.4 pp |
| 2011 | 40.4% | Rs84.83 Billion | Rs210.23 Billion | Rs170.48 Billion | Rs85.65 Billion | ▼ -45.5 pp |
| 2010 | 85.8% | Rs67.72 Billion | Rs78.90 Billion | Rs117.90 Billion | Rs50.18 Billion | ▼ -94.3 pp |
| 2009 | 180.1% | Rs62.97 Billion | Rs34.96 Billion | Rs108.10 Billion | Rs45.13 Billion | ▲ +6.4 pp |
| 2008 | 173.8% | Rs43.02 Billion | Rs24.75 Billion | Rs79.78 Billion | Rs36.76 Billion | ▼ -184.8 pp |
| 2007 | 358.5% | Rs41.40 Billion | Rs11.55 Billion | Rs65.16 Billion | Rs23.76 Billion | ▲ +126.6 pp |
| 2006 | 231.9% | Rs19.77 Billion | Rs8.53 Billion | Rs41.42 Billion | Rs21.65 Billion | ▲ +26.4 pp |
| 2005 | 205.5% | Rs15.27 Billion | Rs7.43 Billion | Rs36.04 Billion | Rs20.77 Billion | ▲ +62.9 pp |
| 2004 | 142.6% | Rs9.95 Billion | Rs6.98 Billion | Rs20.84 Billion | Rs10.88 Billion | — |