Bharat Heavy Electricals Limited Working Capital to Net Assets Ratio
Bharat Heavy Electricals Limited working capital to net assets ratio. Bharat Heavy Electricals Limited (BHEL) has a Working Capital to Net Assets ratio of 73.3% as of March 2026. Working capital of Rs191.53 Billion (current assets of Rs514.55 Billion minus current liabilities of Rs323.02 Billion) is measured against net assets of Rs261.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Bharat Heavy Electricals Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Bharat Heavy Electricals Limited (2004–2026)
Working capital to net assets ratio of Bharat Heavy Electricals Limited from 2004 to 2026. This chart shows how Bharat Heavy Electricals Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 73.3%, reflecting working capital of Rs191.53 Billion against net assets of Rs261.47 Billion INR. See defensive interval ratio of Bharat Heavy Electricals Limited to measure how many days the company can operate on defensive assets alone.
Bharat Heavy Electricals Limited Working Capital to Net Assets Ratio by Year (2004–2026)
Bharat Heavy Electricals Limited working capital to net assets ratio by year from 2004 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Bharat Heavy Electricals Limited from 2004 to 2026, covering 23 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 Bharat Heavy Electricals Limited total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 73.3% | Rs191.53 Billion | Rs261.47 Billion | Rs514.55 Billion | Rs323.02 Billion | ▲ +14.5 pp |
| 2025 | 58.8% | Rs145.34 Billion | Rs247.22 Billion | Rs427.60 Billion | Rs282.26 Billion | ▲ +21.1 pp |
| 2024 | 37.7% | Rs91.79 Billion | Rs243.22 Billion | Rs344.26 Billion | Rs252.47 Billion | ▲ +14.7 pp |
| 2023 | 23.0% | Rs56.15 Billion | Rs243.78 Billion | Rs290.94 Billion | Rs234.80 Billion | ▼ -1.5 pp |
| 2022 | 24.5% | Rs64.91 Billion | Rs265.07 Billion | Rs278.62 Billion | Rs213.71 Billion | ▼ -6.3 pp |
| 2021 | 30.7% | Rs79.83 Billion | Rs259.72 Billion | Rs283.43 Billion | Rs203.60 Billion | ▼ -4.3 pp |
| 2020 | 35.0% | Rs100.34 Billion | Rs286.52 Billion | Rs327.11 Billion | Rs226.77 Billion | ▼ -14.4 pp |
| 2019 | 49.5% | Rs152.68 Billion | Rs308.66 Billion | Rs383.49 Billion | Rs230.81 Billion | ▼ -15.4 pp |
| 2018 | 64.9% | Rs209.82 Billion | Rs323.31 Billion | Rs431.93 Billion | Rs222.11 Billion | ▼ -5.4 pp |
| 2017 | 70.3% | Rs227.61 Billion | Rs323.88 Billion | Rs429.04 Billion | Rs201.43 Billion | ▼ -7.0 pp |
| 2016 | 77.2% | Rs256.19 Billion | Rs331.73 Billion | Rs470.51 Billion | Rs214.32 Billion | ▲ +0.6 pp |
| 2015 | 76.7% | Rs262.24 Billion | Rs342.09 Billion | Rs490.41 Billion | Rs228.17 Billion | ▼ -2.9 pp |
| 2014 | 79.6% | Rs263.85 Billion | Rs331.61 Billion | Rs523.95 Billion | Rs260.10 Billion | ▲ +3.6 pp |
| 2013 | 76.0% | Rs232.03 Billion | Rs305.37 Billion | Rs514.11 Billion | Rs282.08 Billion | ▼ -2.5 pp |
| 2012 | 78.5% | Rs199.35 Billion | Rs254.08 Billion | Rs490.90 Billion | Rs291.55 Billion | ▲ +16.8 pp |
| 2011 | 61.7% | Rs124.32 Billion | Rs201.55 Billion | Rs516.21 Billion | Rs391.88 Billion | ▼ -3.5 pp |
| 2010 | 65.2% | Rs103.67 Billion | Rs158.96 Billion | Rs430.23 Billion | Rs326.56 Billion | ▲ +0.1 pp |
| 2009 | 65.2% | Rs84.21 Billion | Rs129.23 Billion | Rs369.85 Billion | Rs285.65 Billion | ▼ -8.0 pp |
| 2008 | 73.2% | Rs78.84 Billion | Rs107.74 Billion | Rs277.05 Billion | Rs198.21 Billion | ▼ -2.4 pp |
| 2007 | 75.6% | Rs66.43 Billion | Rs87.88 Billion | Rs210.63 Billion | Rs144.20 Billion | ▼ -6.7 pp |
| 2006 | 82.3% | Rs60.11 Billion | Rs73.01 Billion | Rs163.31 Billion | Rs103.20 Billion | ▲ +1.1 pp |
| 2005 | 81.3% | Rs48.97 Billion | Rs60.27 Billion | Rs133.43 Billion | Rs84.46 Billion | ▲ +4.1 pp |
| 2004 | 77.2% | Rs40.88 Billion | Rs52.96 Billion | Rs104.25 Billion | Rs63.37 Billion | — |