Cipla Limited (CIPLA) — Working Capital to Net Assets Ratio
Cipla Limited (CIPLA) has a Working Capital to Net Assets ratio of 56.4% as of September 2025. Working capital of Rs186.21 Billion (current assets of Rs249.18 Billion minus current liabilities of Rs62.97 Billion) is measured against net assets of Rs330.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CIPLA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cipla Limited Working Capital to Net Assets (2004–2025)
This chart shows how Cipla 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 56.4%, reflecting working capital of Rs186.21 Billion against net assets of Rs330.25 Billion INR. For the complete balance sheet picture, see Cipla Limited total assets.
Annual Working Capital to Net Assets for Cipla Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cipla 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. Check Cipla Limited (CIPLA) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 56.9% | Rs178.05 Billion | Rs312.89 Billion | Rs232.89 Billion | Rs54.84 Billion | ▲ +3.9 pp |
| 2024 | 53.0% | Rs141.96 Billion | Rs268.03 Billion | Rs194.41 Billion | Rs52.46 Billion | ▲ +1.7 pp |
| 2023 | 51.3% | Rs121.65 Billion | Rs237.14 Billion | Rs172.75 Billion | Rs51.10 Billion | ▲ +4.9 pp |
| 2022 | 46.4% | Rs97.98 Billion | Rs211.17 Billion | Rs147.11 Billion | Rs49.13 Billion | ▲ +0.0 pp |
| 2021 | 46.4% | Rs86.18 Billion | Rs185.86 Billion | Rs132.10 Billion | Rs45.92 Billion | ▲ +0.8 pp |
| 2020 | 45.5% | Rs73.11 Billion | Rs160.57 Billion | Rs117.04 Billion | Rs43.93 Billion | ▼ -10.9 pp |
| 2019 | 56.4% | Rs86.55 Billion | Rs153.44 Billion | Rs124.27 Billion | Rs37.72 Billion | ▲ +8.5 pp |
| 2018 | 47.9% | Rs69.82 Billion | Rs145.82 Billion | Rs108.14 Billion | Rs38.32 Billion | ▲ +6.0 pp |
| 2017 | 41.8% | Rs54.31 Billion | Rs129.82 Billion | Rs88.05 Billion | Rs33.74 Billion | ▲ +32.9 pp |
| 2016 | 9.0% | Rs10.65 Billion | Rs118.66 Billion | Rs88.41 Billion | Rs77.76 Billion | ▼ -24.7 pp |
| 2015 | 33.7% | Rs36.98 Billion | Rs109.82 Billion | Rs75.91 Billion | Rs38.94 Billion | ▼ -24.3 pp |
| 2014 | 58.0% | Rs50.28 Billion | Rs86.68 Billion | Rs75.91 Billion | Rs25.64 Billion | ▲ +8.0 pp |
| 2013 | 50.0% | Rs45.06 Billion | Rs90.19 Billion | Rs67.84 Billion | Rs22.78 Billion | ▲ +2.7 pp |
| 2012 | 47.3% | Rs36.12 Billion | Rs76.38 Billion | Rs50.57 Billion | Rs14.44 Billion | ▲ +5.9 pp |
| 2011 | 41.4% | Rs27.45 Billion | Rs66.33 Billion | Rs44.43 Billion | Rs16.99 Billion | ▼ -12.0 pp |
| 2010 | 53.3% | Rs31.53 Billion | Rs59.11 Billion | Rs43.67 Billion | Rs12.14 Billion | ▼ -11.5 pp |
| 2009 | 64.8% | Rs28.18 Billion | Rs43.48 Billion | Rs42.23 Billion | Rs14.05 Billion | ▼ -0.6 pp |
| 2008 | 65.4% | Rs24.57 Billion | Rs37.55 Billion | Rs37.45 Billion | Rs12.88 Billion | ▲ +10.6 pp |
| 2007 | 54.9% | Rs17.75 Billion | Rs32.36 Billion | Rs28.35 Billion | Rs10.59 Billion | ▲ +7.1 pp |
| 2006 | 47.7% | Rs9.46 Billion | Rs19.83 Billion | Rs22.92 Billion | Rs13.46 Billion | ▼ -14.8 pp |
| 2005 | 62.5% | Rs9.71 Billion | Rs15.54 Billion | Rs17.49 Billion | Rs7.78 Billion | ▲ +2.6 pp |
| 2004 | 59.9% | Rs7.57 Billion | Rs12.64 Billion | Rs14.36 Billion | Rs6.80 Billion | — |