Cummins India Limited Working Capital to Net Assets Ratio
Cummins India Limited working capital to net assets ratio. Cummins India Limited (CUMMINSIND) has a Working Capital to Net Assets ratio of 66.9% as of March 2026. Working capital of Rs56.70 Billion (current assets of Rs81.10 Billion minus current liabilities of Rs24.40 Billion) is measured against net assets of Rs84.75 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Cummins India Limited tangible equity quality 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 Cummins India Limited (2005–2026)
Working capital to net assets ratio of Cummins India Limited from 2005 to 2026. This chart shows how Cummins India Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 66.9%, reflecting working capital of Rs56.70 Billion against net assets of Rs84.75 Billion INR. See Cummins India Limited (CUMMINSIND) defensive interval to measure how many days the company can operate on defensive assets alone.
Cummins India Limited Working Capital to Net Assets Ratio by Year (2005–2026)
Cummins India Limited working capital to net assets ratio by year from 2005 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Cummins India Limited from 2005 to 2026, 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. For the complete balance sheet picture, see total assets of Cummins India Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 66.9% | Rs56.70 Billion | Rs84.75 Billion | Rs81.10 Billion | Rs24.40 Billion | ▲ +4.1 pp |
| 2025 | 62.8% | Rs47.50 Billion | Rs75.61 Billion | Rs70.09 Billion | Rs22.58 Billion | ▲ +4.1 pp |
| 2024 | 58.8% | Rs38.85 Billion | Rs66.12 Billion | Rs59.42 Billion | Rs20.57 Billion | ▲ +3.0 pp |
| 2023 | 55.7% | Rs32.08 Billion | Rs57.58 Billion | Rs50.98 Billion | Rs18.90 Billion | ▲ +3.8 pp |
| 2022 | 51.9% | Rs26.69 Billion | Rs51.45 Billion | Rs44.13 Billion | Rs17.45 Billion | ▲ +5.7 pp |
| 2021 | 46.2% | Rs21.47 Billion | Rs46.51 Billion | Rs32.56 Billion | Rs11.09 Billion | ▲ +4.9 pp |
| 2020 | 41.2% | Rs18.15 Billion | Rs44.02 Billion | Rs33.82 Billion | Rs15.68 Billion | ▼ -3.0 pp |
| 2019 | 44.2% | Rs18.94 Billion | Rs42.83 Billion | Rs34.29 Billion | Rs15.34 Billion | ▲ +1.2 pp |
| 2018 | 43.1% | Rs17.74 Billion | Rs41.19 Billion | Rs32.30 Billion | Rs14.56 Billion | ▲ +5.0 pp |
| 2017 | 38.0% | Rs14.72 Billion | Rs38.71 Billion | Rs26.88 Billion | Rs12.16 Billion | ▲ +3.4 pp |
| 2016 | 34.6% | Rs11.55 Billion | Rs33.33 Billion | Rs24.30 Billion | Rs12.76 Billion | ▼ -6.3 pp |
| 2015 | 40.9% | Rs11.81 Billion | Rs28.87 Billion | Rs24.08 Billion | Rs12.27 Billion | ▲ +2.2 pp |
| 2014 | 38.7% | Rs9.93 Billion | Rs25.65 Billion | Rs20.16 Billion | Rs10.24 Billion | ▼ -20.9 pp |
| 2013 | 59.6% | Rs14.24 Billion | Rs23.87 Billion | Rs25.29 Billion | Rs11.06 Billion | ▲ +0.1 pp |
| 2012 | 59.5% | Rs12.17 Billion | Rs20.43 Billion | Rs21.62 Billion | Rs9.45 Billion | ▲ +24.2 pp |
| 2011 | 35.4% | Rs6.39 Billion | Rs18.06 Billion | Rs16.80 Billion | Rs10.41 Billion | ▲ +4.3 pp |
| 2010 | 31.1% | Rs4.86 Billion | Rs15.61 Billion | Rs12.67 Billion | Rs7.81 Billion | ▼ -18.2 pp |
| 2009 | 49.3% | Rs7.33 Billion | Rs14.85 Billion | Rs15.31 Billion | Rs7.99 Billion | ▲ +9.5 pp |
| 2008 | 39.9% | Rs4.92 Billion | Rs12.34 Billion | Rs12.12 Billion | Rs7.21 Billion | ▼ -23.1 pp |
| 2007 | 62.9% | Rs6.42 Billion | Rs10.21 Billion | Rs10.15 Billion | Rs3.73 Billion | ▲ +12.3 pp |
| 2006 | 50.6% | Rs4.31 Billion | Rs8.53 Billion | Rs8.42 Billion | Rs4.10 Billion | ▼ -1.4 pp |
| 2005 | 52.0% | Rs3.97 Billion | Rs7.64 Billion | Rs7.53 Billion | Rs3.56 Billion | — |