Adani Total Gas Limited Working Capital to Net Assets Ratio
Adani Total Gas Limited working capital to net assets ratio. Adani Total Gas Limited (ATGL) has a Working Capital to Net Assets ratio of -17.9% as of September 2025. Working capital of Rs-8.06 Billion (current assets of Rs12.53 Billion minus current liabilities of Rs20.58 Billion) is measured against net assets of Rs45.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Adani Total Gas Limited (2015–2025)
Working capital to net assets ratio of Adani Total Gas Limited from 2015 to 2025. This chart shows how Adani Total Gas Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of September 2025, the ratio stands at -17.9%, reflecting working capital of Rs-8.06 Billion against net assets of Rs45.09 Billion INR. See how many days can Adani Total Gas Limited fund operations to measure how many days the company can operate on defensive assets alone.
Adani Total Gas Limited Working Capital to Net Assets Ratio by Year (2015–2025)
Adani Total Gas Limited working capital to net assets ratio by year from 2015 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Adani Total Gas Limited from 2015 to 2025, covering 11 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 ATGL asset base.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.9% | Rs-4.17 Billion | Rs42.07 Billion | Rs11.21 Billion | Rs15.38 Billion | ▲ +11.8 pp |
| 2024 | -21.7% | Rs-7.78 Billion | Rs35.80 Billion | Rs10.32 Billion | Rs18.11 Billion | ▲ +23.7 pp |
| 2023 | -45.4% | Rs-13.35 Billion | Rs29.41 Billion | Rs8.58 Billion | Rs21.93 Billion | ▲ +0.2 pp |
| 2022 | -45.6% | Rs-11.02 Billion | Rs24.16 Billion | Rs3.62 Billion | Rs14.64 Billion | ▼ -15.4 pp |
| 2021 | -30.2% | Rs-5.85 Billion | Rs19.34 Billion | Rs2.23 Billion | Rs8.08 Billion | ▼ -28.0 pp |
| 2020 | -2.2% | Rs-330.20 Million | Rs14.71 Billion | Rs5.58 Billion | Rs5.91 Billion | ▼ -43.2 pp |
| 2019 | 41.0% | Rs4.51 Billion | Rs11.02 Billion | Rs6.74 Billion | Rs2.22 Billion | ▼ -1.9 pp |
| 2018 | 42.8% | Rs3.80 Billion | Rs8.88 Billion | Rs5.23 Billion | Rs1.43 Billion | ▲ +0.3 pp |
| 2017 | 42.6% | Rs3.04 Billion | Rs7.15 Billion | Rs6.36 Billion | Rs3.32 Billion | ▲ +44.7 pp |
| 2016 | -2.1% | Rs-130.68 Million | Rs6.11 Billion | Rs4.46 Billion | Rs4.60 Billion | ▼ -19.3 pp |
| 2015 | 17.2% | Rs1.01 Billion | Rs5.85 Billion | Rs2.78 Billion | Rs1.78 Billion | — |