Delta Manufacturing Limited (DELTAMAGNT) — Working Capital to Net Assets Ratio
Delta Manufacturing Limited (DELTAMAGNT) has a Working Capital to Net Assets ratio of -194.7% as of September 2025. Working capital of Rs-193.09 Million (current assets of Rs310.12 Million minus current liabilities of Rs503.20 Million) is measured against net assets of Rs99.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Delta Manufacturing Limited to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Delta Manufacturing Limited Working Capital to Net Assets (2008–2025)
This chart shows how Delta Manufacturing Limited's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at -194.7%, reflecting working capital of Rs-193.09 Million against net assets of Rs99.17 Million INR. For the complete balance sheet picture, see Delta Manufacturing Limited total assets.
Annual Working Capital to Net Assets for Delta Manufacturing Limited (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Delta Manufacturing Limited from 2008 to 2025, covering 18 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 Delta Manufacturing Limited liquidity resilience 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 | -97.8% | Rs-142.80 Million | Rs146.02 Million | Rs328.61 Million | Rs471.41 Million | ▼ -42.7 pp |
| 2024 | -55.1% | Rs-147.99 Million | Rs268.61 Million | Rs444.84 Million | Rs592.84 Million | ▼ -35.8 pp |
| 2023 | -19.3% | Rs-72.58 Million | Rs375.38 Million | Rs500.57 Million | Rs573.15 Million | ▼ -29.3 pp |
| 2022 | 10.0% | Rs55.26 Million | Rs552.18 Million | Rs708.51 Million | Rs653.24 Million | ▲ +59.4 pp |
| 2021 | -49.4% | Rs-181.87 Million | Rs367.89 Million | Rs717.77 Million | Rs899.64 Million | ▼ -30.2 pp |
| 2020 | -19.2% | Rs-82.25 Million | Rs427.44 Million | Rs709.64 Million | Rs791.88 Million | ▲ +54.3 pp |
| 2019 | -73.6% | Rs-149.92 Million | Rs203.76 Million | Rs477.98 Million | Rs627.90 Million | ▼ -58.7 pp |
| 2018 | -14.8% | Rs-36.87 Million | Rs248.51 Million | Rs452.65 Million | Rs489.52 Million | ▼ -9.4 pp |
| 2017 | -5.5% | Rs-12.97 Million | Rs237.13 Million | Rs375.95 Million | Rs388.92 Million | ▼ -22.0 pp |
| 2016 | 16.6% | Rs45.21 Million | Rs273.02 Million | Rs335.05 Million | Rs289.83 Million | ▼ -6.4 pp |
| 2015 | 23.0% | Rs78.08 Million | Rs339.65 Million | Rs303.23 Million | Rs225.15 Million | ▼ -25.3 pp |
| 2014 | 48.3% | Rs149.53 Million | Rs309.78 Million | Rs268.55 Million | Rs119.02 Million | ▲ +4.3 pp |
| 2013 | 43.9% | Rs128.61 Million | Rs292.65 Million | Rs213.74 Million | Rs85.12 Million | ▼ -3.9 pp |
| 2012 | 47.9% | Rs130.15 Million | Rs271.80 Million | Rs189.16 Million | Rs59.01 Million | ▼ -9.5 pp |
| 2011 | 57.4% | Rs138.95 Million | Rs242.10 Million | Rs203.66 Million | Rs64.71 Million | ▲ +38.7 pp |
| 2010 | 18.7% | Rs39.50 Million | Rs211.76 Million | Rs57.27 Million | Rs17.77 Million | ▲ +0.2 pp |
| 2009 | 18.5% | Rs39.00 Million | Rs211.06 Million | Rs53.81 Million | Rs14.82 Million | ▼ -35.5 pp |
| 2008 | 54.0% | Rs48.61 Million | Rs89.99 Million | Rs61.93 Million | Rs13.32 Million | — |