Ashapura Minechem Limited (ASHAPURMIN) — Working Capital to Net Assets Ratio
Ashapura Minechem Limited (ASHAPURMIN) has a Working Capital to Net Assets ratio of 36.2% as of September 2025. Working capital of Rs5.14 Billion (current assets of Rs22.11 Billion minus current liabilities of Rs16.97 Billion) is measured against net assets of Rs14.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ashapura Minechem Limited (ASHAPURMIN) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ashapura Minechem Limited Working Capital to Net Assets (2005–2025)
This chart shows how Ashapura Minechem Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 36.2%, reflecting working capital of Rs5.14 Billion against net assets of Rs14.20 Billion INR. Check ASHAPURMIN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ashapura Minechem Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ashapura Minechem Limited from 2005 to 2025, 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 Ashapura Minechem Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.1% | Rs3.93 Billion | Rs12.23 Billion | Rs21.01 Billion | Rs17.08 Billion | ▼ -0.4 pp |
| 2024 | 32.6% | Rs2.99 Billion | Rs9.17 Billion | Rs18.41 Billion | Rs15.43 Billion | ▼ -24.5 pp |
| 2023 | 57.1% | Rs3.75 Billion | Rs6.57 Billion | Rs18.37 Billion | Rs14.62 Billion | ▲ +27.2 pp |
| 2022 | 29.9% | Rs1.56 Billion | Rs5.21 Billion | Rs12.87 Billion | Rs11.32 Billion | ▼ -5.6 pp |
| 2021 | 35.5% | Rs1.54 Billion | Rs4.34 Billion | Rs11.32 Billion | Rs9.78 Billion | ▲ +30.3 pp |
| 2020 | 5.2% | Rs178.68 Million | Rs3.46 Billion | Rs7.70 Billion | Rs7.52 Billion | ▼ -203.7 pp |
| 2019 | 208.9% | Rs-6.24 Billion | Rs-2.99 Billion | Rs5.56 Billion | Rs11.80 Billion | ▼ -689.2 pp |
| 2018 | 898.1% | Rs-4.24 Billion | Rs-471.55 Million | Rs6.38 Billion | Rs10.62 Billion | ▼ -23216.8 pp |
| 2017 | 24115.0% | Rs-5.62 Billion | Rs-23.32 Million | Rs6.59 Billion | Rs12.21 Billion | ▲ +26732.0 pp |
| 2016 | -2617.0% | Rs-5.05 Billion | Rs192.83 Million | Rs7.87 Billion | Rs12.91 Billion | ▼ -2992.6 pp |
| 2015 | 375.6% | Rs-5.42 Billion | Rs-1.44 Billion | Rs6.72 Billion | Rs12.13 Billion | ▼ -75.7 pp |
| 2014 | 451.3% | Rs-4.50 Billion | Rs-996.84 Million | Rs5.54 Billion | Rs10.04 Billion | ▲ +267.3 pp |
| 2013 | 184.0% | Rs-5.17 Billion | Rs-2.81 Billion | Rs5.37 Billion | Rs10.54 Billion | ▲ +3.6 pp |
| 2012 | 180.4% | Rs-6.28 Billion | Rs-3.48 Billion | Rs4.73 Billion | Rs11.01 Billion | ▼ -1.2 pp |
| 2011 | 181.7% | Rs-5.51 Billion | Rs-3.03 Billion | Rs4.98 Billion | Rs10.49 Billion | ▲ +70.1 pp |
| 2010 | 111.6% | Rs3.34 Billion | Rs3.00 Billion | Rs4.81 Billion | Rs1.46 Billion | ▼ -7.8 pp |
| 2009 | 119.3% | Rs3.23 Billion | Rs2.71 Billion | Rs6.66 Billion | Rs3.43 Billion | ▲ +76.0 pp |
| 2008 | 43.3% | Rs3.23 Billion | Rs7.47 Billion | Rs6.66 Billion | Rs3.43 Billion | ▼ -43.2 pp |
| 2007 | 86.5% | Rs3.51 Billion | Rs4.05 Billion | Rs4.47 Billion | Rs960.89 Million | ▼ -46.8 pp |
| 2006 | 133.3% | Rs1.93 Billion | Rs1.45 Billion | Rs3.30 Billion | Rs1.38 Billion | ▲ +47.9 pp |
| 2005 | 85.4% | Rs599.24 Million | Rs701.68 Million | Rs2.89 Billion | Rs2.29 Billion | — |