Bharat Electronics Limited (BEL_old) — Working Capital to Net Assets Ratio
Bharat Electronics Limited (BEL_old) has a Working Capital to Net Assets ratio of 73.6% as of March 2024. Working capital of Rs120.36 Billion (current assets of Rs340.63 Billion minus current liabilities of Rs220.27 Billion) is measured against net assets of Rs163.44 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Bharat Electronics Limited balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bharat Electronics Limited Working Capital to Net Assets (2004–2024)
This chart shows how Bharat Electronics Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2024, the ratio stands at 73.6%, reflecting working capital of Rs120.36 Billion against net assets of Rs163.44 Billion INR. Check Bharat Electronics Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bharat Electronics Limited (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bharat Electronics Limited from 2004 to 2024, 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 Bharat Electronics Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.6% | Rs120.36 Billion | Rs163.44 Billion | Rs340.63 Billion | Rs220.27 Billion | ▲ +5.3 pp |
| 2023 | 68.3% | Rs94.82 Billion | Rs138.79 Billion | Rs300.48 Billion | Rs205.66 Billion | ▲ +5.6 pp |
| 2022 | 62.7% | Rs77.13 Billion | Rs123.02 Billion | Rs272.94 Billion | Rs195.81 Billion | ▲ +0.5 pp |
| 2021 | 62.2% | Rs68.84 Billion | Rs110.75 Billion | Rs237.16 Billion | Rs168.32 Billion | ▲ +3.9 pp |
| 2020 | 58.2% | Rs58.72 Billion | Rs100.86 Billion | Rs187.38 Billion | Rs128.66 Billion | ▼ -0.6 pp |
| 2019 | 58.8% | Rs54.26 Billion | Rs92.25 Billion | Rs158.74 Billion | Rs104.49 Billion | ▲ +3.2 pp |
| 2018 | 55.6% | Rs44.65 Billion | Rs80.29 Billion | Rs143.33 Billion | Rs98.68 Billion | ▼ -13.0 pp |
| 2017 | 68.7% | Rs53.20 Billion | Rs77.49 Billion | Rs140.69 Billion | Rs87.49 Billion | ▼ -11.6 pp |
| 2016 | 80.2% | Rs72.13 Billion | Rs89.91 Billion | Rs160.53 Billion | Rs88.39 Billion | ▼ -6.4 pp |
| 2015 | 86.7% | Rs70.40 Billion | Rs81.23 Billion | Rs140.06 Billion | Rs69.66 Billion | ▲ +0.9 pp |
| 2014 | 85.7% | Rs61.92 Billion | Rs72.24 Billion | Rs133.59 Billion | Rs71.66 Billion | ▼ -0.5 pp |
| 2013 | 86.2% | Rs55.94 Billion | Rs64.91 Billion | Rs134.08 Billion | Rs78.14 Billion | ▲ +1.7 pp |
| 2012 | 84.5% | Rs49.90 Billion | Rs59.05 Billion | Rs138.18 Billion | Rs88.27 Billion | ▼ -1.3 pp |
| 2011 | 85.8% | Rs44.08 Billion | Rs51.35 Billion | Rs125.96 Billion | Rs81.88 Billion | ▲ +1.1 pp |
| 2010 | 84.8% | Rs37.79 Billion | Rs44.58 Billion | Rs87.83 Billion | Rs50.05 Billion | ▲ +5.6 pp |
| 2009 | 79.2% | Rs30.89 Billion | Rs39.01 Billion | Rs78.36 Billion | Rs47.47 Billion | ▼ -3.0 pp |
| 2008 | 82.2% | Rs27.32 Billion | Rs33.24 Billion | Rs64.76 Billion | Rs37.44 Billion | ▲ +3.8 pp |
| 2007 | 78.4% | Rs20.96 Billion | Rs26.72 Billion | Rs53.82 Billion | Rs32.86 Billion | ▲ +3.3 pp |
| 2006 | 75.1% | Rs15.89 Billion | Rs21.16 Billion | Rs47.65 Billion | Rs31.76 Billion | ▲ +5.0 pp |
| 2005 | 70.1% | Rs11.60 Billion | Rs16.53 Billion | Rs39.16 Billion | Rs27.56 Billion | ▲ +1.0 pp |
| 2004 | 69.1% | Rs9.00 Billion | Rs13.01 Billion | Rs37.39 Billion | Rs28.39 Billion | — |