Alps Industries Limited (ALPSINDUS) — Working Capital to Net Assets Ratio
Alps Industries Limited (ALPSINDUS) has a Working Capital to Net Assets ratio of -21.4% as of March 2026. Working capital of Rs17.26 Million (current assets of Rs19.42 Million minus current liabilities of Rs2.16 Million) is measured against net assets of Rs-80.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ALPSINDUS free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alps Industries Limited Working Capital to Net Assets (2006–2026)
This chart shows how Alps Industries Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at -21.4%, reflecting working capital of Rs17.26 Million against net assets of Rs-80.51 Million INR. See Alps Industries Limited (ALPSINDUS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Alps Industries Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alps Industries Limited from 2006 to 2026, covering 21 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 how much is Alps Industries Limited worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -21.4% | Rs17.26 Million | Rs-80.51 Million | Rs19.42 Million | Rs2.16 Million | ▼ -66.7 pp |
| 2025 | 45.3% | Rs-4.05 Billion | Rs-8.94 Billion | Rs105.57 Million | Rs4.15 Billion | ▲ +2.0 pp |
| 2024 | 43.3% | Rs-3.59 Billion | Rs-8.30 Billion | Rs12.95 Million | Rs3.61 Billion | ▲ +1.9 pp |
| 2023 | 41.4% | Rs-3.20 Billion | Rs-7.74 Billion | Rs34.03 Million | Rs3.24 Billion | ▲ +2.6 pp |
| 2022 | 38.8% | Rs-2.77 Billion | Rs-7.14 Billion | Rs410.49 Million | Rs3.18 Billion | ▼ -12.5 pp |
| 2021 | 51.3% | Rs-3.23 Billion | Rs-6.31 Billion | Rs727.32 Million | Rs3.96 Billion | ▼ -7.2 pp |
| 2020 | 58.5% | Rs-3.25 Billion | Rs-5.56 Billion | Rs579.10 Million | Rs3.83 Billion | ▼ -19.6 pp |
| 2019 | 78.1% | Rs-3.46 Billion | Rs-4.43 Billion | Rs721.29 Million | Rs4.18 Billion | ▼ -5.3 pp |
| 2018 | 83.4% | Rs-3.17 Billion | Rs-3.80 Billion | Rs769.98 Million | Rs3.94 Billion | ▼ -10.6 pp |
| 2017 | 94.0% | Rs-2.43 Billion | Rs-2.59 Billion | Rs1.28 Billion | Rs3.71 Billion | ▲ +97.6 pp |
| 2016 | -3.5% | Rs124.75 Million | Rs-3.55 Billion | Rs2.16 Billion | Rs2.03 Billion | ▲ +7.8 pp |
| 2015 | -11.3% | Rs424.09 Million | Rs-3.75 Billion | Rs5.50 Billion | Rs5.07 Billion | ▼ -3.9 pp |
| 2014 | -7.4% | Rs256.01 Million | Rs-3.44 Billion | Rs5.62 Billion | Rs5.37 Billion | ▼ -8.8 pp |
| 2013 | 1.3% | Rs-30.34 Million | Rs-2.27 Billion | Rs5.21 Billion | Rs5.24 Billion | ▲ +3.8 pp |
| 2012 | -2.5% | Rs36.86 Million | Rs-1.50 Billion | Rs4.85 Billion | Rs4.81 Billion | ▲ +419.8 pp |
| 2011 | -422.3% | Rs1.31 Billion | Rs-309.38 Million | Rs6.35 Billion | Rs5.04 Billion | ▲ +34.9 pp |
| 2010 | -457.1% | Rs1.71 Billion | Rs-373.09 Million | Rs5.21 Billion | Rs3.50 Billion | ▼ -627.3 pp |
| 2009 | 170.2% | Rs3.48 Billion | Rs2.04 Billion | Rs4.63 Billion | Rs1.15 Billion | ▲ +127.9 pp |
| 2008 | 42.3% | Rs1.27 Billion | Rs3.00 Billion | Rs4.83 Billion | Rs3.56 Billion | ▼ -21.7 pp |
| 2007 | 64.0% | Rs1.76 Billion | Rs2.75 Billion | Rs3.40 Billion | Rs1.64 Billion | ▼ -5.7 pp |
| 2006 | 69.7% | Rs1.73 Billion | Rs2.48 Billion | Rs2.79 Billion | Rs1.06 Billion | — |