Ankit Metal & Power Limited Working Capital to Net Assets Ratio
Ankit Metal & Power Limited working capital to net assets ratio. Ankit Metal & Power Limited (ANKITMETAL) has a Working Capital to Net Assets ratio of 142.7% as of September 2023. Working capital of Rs-14.73 Billion (current assets of Rs7.22 Billion minus current liabilities of Rs21.94 Billion) is measured against net assets of Rs-10.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ANKITMETAL 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 Ankit Metal & Power Limited (2007–2023)
Working capital to net assets ratio of Ankit Metal & Power Limited from 2007 to 2023. This chart shows how Ankit Metal & Power Limited's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2023. As of September 2023, the ratio stands at 142.7%, reflecting working capital of Rs-14.73 Billion against net assets of Rs-10.32 Billion INR. See ANKITMETAL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Ankit Metal & Power Limited Working Capital to Net Assets Ratio by Year (2007–2023)
Ankit Metal & Power Limited working capital to net assets ratio by year from 2007 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Ankit Metal & Power Limited from 2007 to 2023, covering 17 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 total assets of Ankit Metal & Power Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 152.2% | Rs-13.43 Billion | Rs-8.83 Billion | Rs7.19 Billion | Rs20.62 Billion | ▼ -1.6 pp |
| 2022 | 153.8% | Rs-12.07 Billion | Rs-7.85 Billion | Rs7.27 Billion | Rs19.35 Billion | ▲ +9.0 pp |
| 2021 | 144.7% | Rs-10.63 Billion | Rs-7.34 Billion | Rs7.12 Billion | Rs17.74 Billion | ▲ +3.0 pp |
| 2020 | 141.7% | Rs-9.33 Billion | Rs-6.59 Billion | Rs7.24 Billion | Rs16.58 Billion | ▲ +14.9 pp |
| 2019 | 126.8% | Rs-7.39 Billion | Rs-5.83 Billion | Rs8.27 Billion | Rs15.66 Billion | ▲ +9.3 pp |
| 2018 | 117.5% | Rs-5.76 Billion | Rs-4.91 Billion | Rs8.37 Billion | Rs14.14 Billion | ▲ +8.1 pp |
| 2017 | 109.4% | Rs-3.38 Billion | Rs-3.09 Billion | Rs9.29 Billion | Rs12.68 Billion | ▲ +158.9 pp |
| 2016 | -49.5% | Rs49.89 Million | Rs-100.86 Million | Rs11.83 Billion | Rs11.78 Billion | ▼ -149.9 pp |
| 2015 | 100.4% | Rs3.10 Billion | Rs3.09 Billion | Rs11.81 Billion | Rs8.71 Billion | ▲ +104.3 pp |
| 2014 | -3.9% | Rs-195.70 Million | Rs5.03 Billion | Rs9.15 Billion | Rs9.35 Billion | ▼ -29.7 pp |
| 2013 | 25.8% | Rs1.29 Billion | Rs4.99 Billion | Rs7.80 Billion | Rs6.52 Billion | ▼ -0.9 pp |
| 2012 | 26.7% | Rs1.20 Billion | Rs4.48 Billion | Rs5.53 Billion | Rs4.33 Billion | ▼ -56.2 pp |
| 2011 | 82.9% | Rs2.29 Billion | Rs2.76 Billion | Rs3.87 Billion | Rs1.59 Billion | ▼ -18.5 pp |
| 2010 | 101.4% | Rs1.43 Billion | Rs1.41 Billion | Rs2.46 Billion | Rs1.03 Billion | ▲ +12.8 pp |
| 2009 | 88.6% | Rs1.06 Billion | Rs1.20 Billion | Rs2.12 Billion | Rs1.06 Billion | ▲ +22.1 pp |
| 2008 | 66.5% | Rs753.89 Million | Rs1.13 Billion | Rs1.45 Billion | Rs697.70 Million | ▲ +19.7 pp |
| 2007 | 46.9% | Rs246.09 Million | Rs525.12 Million | Rs1.12 Billion | Rs870.28 Million | — |