Ankit Metal & Power Limited (ANKITMETAL) — 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. See defensive interval ratio of Ankit Metal & Power Limited to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ankit Metal & Power Limited Working Capital to Net Assets (2007–2023)
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. For the complete balance sheet picture, see ANKITMETAL total asset value.
Annual Working Capital to Net Assets for Ankit Metal & Power Limited (2007–2023)
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. Check Ankit Metal & Power Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |