Cubex Tubings Limited (CUBEXTUB) — Working Capital to Net Assets Ratio
Cubex Tubings Limited (CUBEXTUB) has a Working Capital to Net Assets ratio of 68.7% as of September 2025. Working capital of Rs541.50 Million (current assets of Rs1.18 Billion minus current liabilities of Rs641.77 Million) is measured against net assets of Rs788.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cubex Tubings Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cubex Tubings Limited Working Capital to Net Assets (2006–2025)
This chart shows how Cubex Tubings Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 68.7%, reflecting working capital of Rs541.50 Million against net assets of Rs788.28 Million INR. Check Cubex Tubings Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Cubex Tubings Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cubex Tubings Limited from 2006 to 2025, covering 20 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 Cubex Tubings Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.6% | Rs451.89 Million | Rs758.54 Million | Rs1.04 Billion | Rs583.33 Million | ▼ -1.4 pp |
| 2024 | 60.9% | Rs421.59 Million | Rs691.96 Million | Rs758.46 Million | Rs336.87 Million | ▲ +4.9 pp |
| 2023 | 56.1% | Rs362.74 Million | Rs646.99 Million | Rs673.40 Million | Rs310.65 Million | ▲ +4.4 pp |
| 2022 | 51.6% | Rs320.47 Million | Rs620.51 Million | Rs646.24 Million | Rs325.77 Million | ▼ -4.1 pp |
| 2021 | 55.7% | Rs332.27 Million | Rs596.34 Million | Rs580.71 Million | Rs248.44 Million | ▼ -3.2 pp |
| 2020 | 59.0% | Rs343.71 Million | Rs583.04 Million | Rs536.16 Million | Rs192.46 Million | ▼ -2.8 pp |
| 2019 | 61.8% | Rs357.60 Million | Rs578.75 Million | Rs559.93 Million | Rs202.34 Million | ▲ +11.7 pp |
| 2018 | 50.1% | Rs286.71 Million | Rs572.16 Million | Rs441.11 Million | Rs154.40 Million | ▼ -4.4 pp |
| 2017 | 54.5% | Rs310.02 Million | Rs568.33 Million | Rs394.63 Million | Rs84.61 Million | ▲ +1.7 pp |
| 2016 | 52.8% | Rs298.46 Million | Rs564.79 Million | Rs357.62 Million | Rs59.16 Million | ▼ -1.6 pp |
| 2015 | 54.5% | Rs306.06 Million | Rs561.83 Million | Rs364.90 Million | Rs58.84 Million | ▼ -12.0 pp |
| 2014 | 66.5% | Rs375.09 Million | Rs564.47 Million | Rs419.00 Million | Rs43.90 Million | ▲ +4.5 pp |
| 2013 | 62.0% | Rs333.22 Million | Rs537.62 Million | Rs373.32 Million | Rs40.10 Million | ▼ -6.3 pp |
| 2012 | 68.3% | Rs35.94 Trillion | Rs52.63 Trillion | Rs40.39 Trillion | Rs4.44 Trillion | ▼ -10.2 pp |
| 2011 | 78.5% | Rs340.77 Million | Rs434.30 Million | Rs359.35 Million | Rs18.58 Million | ▲ +0.2 pp |
| 2010 | 78.2% | Rs332.49 Million | Rs424.98 Million | Rs355.99 Million | Rs23.50 Million | ▼ -5.3 pp |
| 2009 | 83.5% | Rs337.09 Million | Rs403.53 Million | Rs353.50 Million | Rs16.41 Million | ▼ -5.4 pp |
| 2008 | 88.9% | Rs369.40 Million | Rs415.29 Million | Rs412.06 Million | Rs42.66 Million | ▼ -6.3 pp |
| 2007 | 95.2% | Rs297.17 Million | Rs312.11 Million | Rs365.36 Million | Rs68.20 Million | ▲ +791.8 pp |
| 2006 | -696.6% | Rs150.43 Million | Rs-21.59 Million | Rs232.85 Million | Rs82.42 Million | — |