Astron Paper & Board Mill Limited (ASTRON) — Working Capital to Net Assets Ratio
Astron Paper & Board Mill Limited (ASTRON) has a Working Capital to Net Assets ratio of -48.9% as of September 2025. Working capital of Rs-397.58 Million (current assets of Rs669.13 Million minus current liabilities of Rs1.07 Billion) is measured against net assets of Rs813.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Astron Paper & Board Mill Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Astron Paper & Board Mill Limited Working Capital to Net Assets (2013–2025)
This chart shows how Astron Paper & Board Mill Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at -48.9%, reflecting working capital of Rs-397.58 Million against net assets of Rs813.05 Million INR. Check Astron Paper & Board Mill Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Astron Paper & Board Mill Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Astron Paper & Board Mill Limited from 2013 to 2025, covering 13 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 ASTRON market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -38.1% | Rs-347.83 Million | Rs913.20 Million | Rs729.11 Million | Rs1.08 Billion | ▼ -34.6 pp |
| 2024 | -3.5% | Rs-52.03 Million | Rs1.48 Billion | Rs1.38 Billion | Rs1.43 Billion | ▼ -6.7 pp |
| 2023 | 3.2% | Rs50.16 Million | Rs1.59 Billion | Rs1.54 Billion | Rs1.49 Billion | ▼ -23.3 pp |
| 2022 | 26.5% | Rs486.36 Million | Rs1.84 Billion | Rs1.95 Billion | Rs1.47 Billion | ▲ +3.7 pp |
| 2021 | 22.8% | Rs399.74 Million | Rs1.76 Billion | Rs1.64 Billion | Rs1.24 Billion | ▲ +6.5 pp |
| 2020 | 16.2% | Rs268.33 Million | Rs1.66 Billion | Rs1.67 Billion | Rs1.41 Billion | ▲ +2.1 pp |
| 2019 | 14.1% | Rs213.96 Million | Rs1.52 Billion | Rs1.59 Billion | Rs1.38 Billion | ▼ -11.8 pp |
| 2018 | 25.9% | Rs326.34 Million | Rs1.26 Billion | Rs1.20 Billion | Rs877.76 Million | ▲ +11.8 pp |
| 2017 | 14.0% | Rs63.45 Million | Rs451.74 Million | Rs866.63 Million | Rs803.18 Million | ▼ -21.9 pp |
| 2016 | 35.9% | Rs126.94 Million | Rs353.59 Million | Rs836.74 Million | Rs709.80 Million | ▲ +5.6 pp |
| 2015 | 30.3% | Rs88.76 Million | Rs292.75 Million | Rs702.51 Million | Rs613.75 Million | ▲ +6.5 pp |
| 2014 | 23.8% | Rs56.26 Million | Rs236.46 Million | Rs591.59 Million | Rs535.33 Million | ▼ -24.3 pp |
| 2013 | 48.1% | Rs108.97 Million | Rs226.71 Million | Rs442.21 Million | Rs333.24 Million | — |