Dev Information Technology Limited (DEVIT) — Working Capital to Net Assets Ratio
Dev Information Technology Limited (DEVIT) has a Working Capital to Net Assets ratio of 27.9% as of September 2025. Working capital of Rs360.33 Million (current assets of Rs856.08 Million minus current liabilities of Rs495.74 Million) is measured against net assets of Rs1.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Dev Information Technology Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dev Information Technology Limited Working Capital to Net Assets (2012–2024)
This chart shows how Dev Information Technology Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 27.9%, reflecting working capital of Rs360.33 Million against net assets of Rs1.29 Billion INR. Check Dev Information Technology Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Dev Information Technology Limited (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dev Information Technology Limited from 2012 to 2024, covering 13 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 market value of Dev Information Technology Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 58.6% | Rs403.01 Million | Rs687.63 Million | Rs847.97 Million | Rs444.97 Million | ▲ +0.2 pp |
| 2023 | 58.4% | Rs340.35 Million | Rs582.83 Million | Rs650.49 Million | Rs310.14 Million | ▲ +0.9 pp |
| 2022 | 57.5% | Rs239.10 Million | Rs416.07 Million | Rs461.48 Million | Rs222.38 Million | ▲ +6.3 pp |
| 2021 | 51.1% | Rs167.65 Million | Rs327.79 Million | Rs492.06 Million | Rs324.40 Million | ▲ +3.8 pp |
| 2020 | 47.3% | Rs161.36 Million | Rs340.79 Million | Rs434.24 Million | Rs272.88 Million | ▲ +1.6 pp |
| 2019 | 45.8% | Rs153.51 Million | Rs335.31 Million | Rs376.75 Million | Rs223.24 Million | ▼ -15.8 pp |
| 2018 | 61.6% | Rs185.72 Million | Rs301.56 Million | Rs402.89 Million | Rs217.16 Million | ▼ -7.5 pp |
| 2017 | 69.1% | Rs180.71 Million | Rs261.49 Million | Rs447.02 Million | Rs266.31 Million | ▲ +20.3 pp |
| 2016 | 48.8% | Rs79.24 Million | Rs162.39 Million | Rs322.67 Million | Rs243.42 Million | ▼ -28.1 pp |
| 2015 | 76.9% | Rs83.92 Million | Rs109.11 Million | Rs252.59 Million | Rs168.67 Million | ▲ +16.6 pp |
| 2014 | 60.3% | Rs54.26 Million | Rs90.00 Million | Rs207.26 Million | Rs153.00 Million | ▲ +3.7 pp |
| 2013 | 56.6% | Rs44.57 Million | Rs78.78 Million | Rs315.74 Million | Rs271.18 Million | ▲ +15.2 pp |
| 2012 | 41.4% | Rs28.42 Million | Rs68.62 Million | Rs180.00 Million | Rs151.59 Million | — |