Black Box Limited (BBOX) — Working Capital to Net Assets Ratio
Black Box Limited (BBOX) has a Working Capital to Net Assets ratio of 120.2% as of September 2025. Working capital of Rs10.88 Billion (current assets of Rs25.35 Billion minus current liabilities of Rs14.47 Billion) is measured against net assets of Rs9.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Black Box Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Black Box Limited Working Capital to Net Assets (2004–2025)
This chart shows how Black Box Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 120.2%, reflecting working capital of Rs10.88 Billion against net assets of Rs9.05 Billion INR. Check Black Box Limited (BBOX) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Black Box Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Black Box Limited from 2004 to 2025, covering 22 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 Black Box Limited (BBOX) total market value.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 101.3% | Rs7.69 Billion | Rs7.59 Billion | Rs21.30 Billion | Rs13.62 Billion | ▲ +47.2 pp |
| 2024 | 54.1% | Rs2.60 Billion | Rs4.81 Billion | Rs18.13 Billion | Rs15.53 Billion | ▲ +59.9 pp |
| 2023 | -5.8% | Rs-171.80 Million | Rs2.96 Billion | Rs20.26 Billion | Rs20.44 Billion | ▲ +35.0 pp |
| 2022 | -40.8% | Rs-1.06 Billion | Rs2.60 Billion | Rs18.07 Billion | Rs19.13 Billion | ▲ +22.9 pp |
| 2021 | -63.8% | Rs-1.32 Billion | Rs2.07 Billion | Rs15.54 Billion | Rs16.86 Billion | ▼ -909.5 pp |
| 2020 | 845.7% | Rs-4.05 Billion | Rs-478.30 Million | Rs15.84 Billion | Rs19.88 Billion | ▼ -597.0 pp |
| 2019 | 1442.8% | Rs2.69 Billion | Rs186.60 Million | Rs18.98 Billion | Rs16.28 Billion | ▲ +1495.6 pp |
| 2018 | -52.8% | Rs-475.70 Million | Rs901.10 Million | Rs3.96 Billion | Rs4.44 Billion | ▲ +88.0 pp |
| 2017 | -140.8% | Rs-1.10 Billion | Rs784.00 Million | Rs3.83 Billion | Rs4.93 Billion | ▲ +20.9 pp |
| 2016 | -161.7% | Rs-1.11 Billion | Rs686.30 Million | Rs4.23 Billion | Rs5.34 Billion | ▼ -98.7 pp |
| 2015 | -63.0% | Rs-640.30 Million | Rs1.02 Billion | Rs4.52 Billion | Rs5.16 Billion | ▲ +112.3 pp |
| 2014 | -175.3% | Rs-1.30 Billion | Rs740.00 Million | Rs6.17 Billion | Rs7.46 Billion | ▼ -214.4 pp |
| 2013 | 39.1% | Rs1.20 Billion | Rs3.06 Billion | Rs10.03 Billion | Rs8.83 Billion | ▼ -48.2 pp |
| 2012 | 87.3% | Rs2.82 Billion | Rs3.23 Billion | Rs8.69 Billion | Rs5.88 Billion | ▲ +31.7 pp |
| 2011 | 55.7% | Rs1.46 Billion | Rs2.63 Billion | Rs3.50 Billion | Rs2.04 Billion | ▼ -30.1 pp |
| 2010 | 85.8% | Rs1.94 Billion | Rs2.26 Billion | Rs3.77 Billion | Rs1.83 Billion | ▲ +5.0 pp |
| 2009 | 80.8% | Rs1.74 Billion | Rs2.15 Billion | Rs3.68 Billion | Rs1.95 Billion | ▲ +0.1 pp |
| 2008 | 80.7% | Rs1.64 Billion | Rs2.03 Billion | Rs3.36 Billion | Rs1.72 Billion | ▲ +0.0 pp |
| 2007 | 80.7% | Rs1.64 Billion | Rs2.03 Billion | Rs3.36 Billion | Rs1.72 Billion | ▲ +2.0 pp |
| 2006 | 78.7% | Rs1.35 Billion | Rs1.72 Billion | Rs3.45 Billion | Rs2.10 Billion | ▼ -2.0 pp |
| 2005 | 80.6% | Rs1.20 Billion | Rs1.49 Billion | Rs3.40 Billion | Rs2.20 Billion | ▲ +3.4 pp |
| 2004 | 77.3% | Rs1.03 Billion | Rs1.33 Billion | Rs2.91 Billion | Rs1.88 Billion | — |