Cartrade Tech Limited (CARTRADE) — Working Capital to Net Assets Ratio
Cartrade Tech Limited (CARTRADE) has a Working Capital to Net Assets ratio of 28.7% as of September 2025. Working capital of Rs7.03 Billion (current assets of Rs9.54 Billion minus current liabilities of Rs2.51 Billion) is measured against net assets of Rs24.48 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Cartrade Tech Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cartrade Tech Limited Working Capital to Net Assets (2017–2025)
This chart shows how Cartrade Tech Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at 28.7%, reflecting working capital of Rs7.03 Billion against net assets of Rs24.48 Billion INR. See Cartrade Tech Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Cartrade Tech Limited (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cartrade Tech Limited from 2017 to 2025, covering 9 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 CARTRADE stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.4% | Rs6.85 Billion | Rs23.27 Billion | Rs9.39 Billion | Rs2.53 Billion | ▲ +3.1 pp |
| 2024 | 26.4% | Rs5.69 Billion | Rs21.57 Billion | Rs8.14 Billion | Rs2.44 Billion | ▼ -20.5 pp |
| 2023 | 46.9% | Rs9.95 Billion | Rs21.22 Billion | Rs11.35 Billion | Rs1.39 Billion | ▲ +2.9 pp |
| 2022 | 44.0% | Rs9.13 Billion | Rs20.74 Billion | Rs10.44 Billion | Rs1.31 Billion | ▲ +5.7 pp |
| 2021 | 38.4% | Rs6.76 Billion | Rs17.62 Billion | Rs7.86 Billion | Rs1.10 Billion | ▲ +14.0 pp |
| 2020 | 24.4% | Rs3.25 Billion | Rs13.33 Billion | Rs4.16 Billion | Rs911.47 Million | ▲ +1.8 pp |
| 2019 | 22.6% | Rs2.90 Billion | Rs12.87 Billion | Rs3.95 Billion | Rs1.05 Billion | ▲ +1.5 pp |
| 2018 | 21.0% | Rs2.63 Billion | Rs12.49 Billion | Rs3.45 Billion | Rs821.21 Million | ▼ -14.2 pp |
| 2017 | 35.2% | Rs4.32 Billion | Rs12.27 Billion | Rs4.57 Billion | Rs250.29 Million | — |