eClerx Services Limited (ECLERX) — Working Capital to Net Assets Ratio
eClerx Services Limited (ECLERX) has a Working Capital to Net Assets ratio of 70.5% as of September 2025. Working capital of Rs18.52 Billion (current assets of Rs23.41 Billion minus current liabilities of Rs4.89 Billion) is measured against net assets of Rs26.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See eClerx Services Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
eClerx Services Limited Working Capital to Net Assets (2003–2025)
This chart shows how eClerx Services Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 70.5%, reflecting working capital of Rs18.52 Billion against net assets of Rs26.27 Billion INR. Check eClerx Services Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for eClerx Services Limited (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for eClerx Services Limited from 2003 to 2025, covering 23 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 cap of eClerx Services Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 67.9% | Rs15.68 Billion | Rs23.08 Billion | Rs20.08 Billion | Rs4.41 Billion | ▼ -2.0 pp |
| 2024 | 69.9% | Rs15.73 Billion | Rs22.49 Billion | Rs19.50 Billion | Rs3.77 Billion | ▲ +10.4 pp |
| 2023 | 59.5% | Rs10.21 Billion | Rs17.17 Billion | Rs13.71 Billion | Rs3.50 Billion | ▼ -2.2 pp |
| 2022 | 61.7% | Rs9.68 Billion | Rs15.69 Billion | Rs12.70 Billion | Rs3.02 Billion | ▲ +0.6 pp |
| 2021 | 61.1% | Rs9.18 Billion | Rs15.02 Billion | Rs12.03 Billion | Rs2.86 Billion | ▼ -13.0 pp |
| 2020 | 74.1% | Rs9.69 Billion | Rs13.07 Billion | Rs11.75 Billion | Rs2.06 Billion | ▲ +0.6 pp |
| 2019 | 73.5% | Rs10.16 Billion | Rs13.82 Billion | Rs11.64 Billion | Rs1.48 Billion | ▲ +1.0 pp |
| 2018 | 72.6% | Rs8.75 Billion | Rs12.05 Billion | Rs10.37 Billion | Rs1.63 Billion | ▲ +0.5 pp |
| 2017 | 72.0% | Rs8.76 Billion | Rs12.16 Billion | Rs10.12 Billion | Rs1.36 Billion | ▲ +5.9 pp |
| 2016 | 66.1% | Rs7.19 Billion | Rs10.87 Billion | Rs8.68 Billion | Rs1.49 Billion | ▼ -3.5 pp |
| 2015 | 69.7% | Rs4.98 Billion | Rs7.15 Billion | Rs7.19 Billion | Rs2.21 Billion | ▼ -0.5 pp |
| 2014 | 70.2% | Rs4.13 Billion | Rs5.89 Billion | Rs6.14 Billion | Rs2.01 Billion | ▲ +2.0 pp |
| 2013 | 68.2% | Rs2.99 Billion | Rs4.38 Billion | Rs4.54 Billion | Rs1.56 Billion | ▼ -16.4 pp |
| 2012 | 84.5% | Rs2.90 Billion | Rs3.43 Billion | Rs4.04 Billion | Rs1.14 Billion | ▲ +12.0 pp |
| 2011 | 72.5% | Rs1.73 Billion | Rs2.38 Billion | Rs2.87 Billion | Rs1.14 Billion | ▲ +27.8 pp |
| 2010 | 44.8% | Rs894.48 Million | Rs2.00 Billion | Rs1.37 Billion | Rs471.13 Million | ▲ +15.3 pp |
| 2009 | 29.5% | Rs488.32 Million | Rs1.66 Billion | Rs970.01 Million | Rs481.69 Million | ▼ -4.4 pp |
| 2008 | 33.8% | Rs449.27 Million | Rs1.33 Billion | Rs749.56 Million | Rs300.29 Million | ▼ -39.9 pp |
| 2007 | 73.8% | Rs216.55 Million | Rs293.50 Million | Rs278.51 Million | Rs61.96 Million | ▲ +46.6 pp |
| 2006 | 27.2% | Rs32.68 Million | Rs120.07 Million | Rs169.81 Million | Rs137.13 Million | ▼ -22.0 pp |
| 2005 | 49.2% | Rs31.64 Million | Rs64.30 Million | Rs64.80 Million | Rs33.16 Million | ▲ +834.2 pp |
| 2004 | -785.0% | Rs-41.84 Million | Rs5.33 Million | Rs5.07 Million | Rs46.91 Million | ▼ -792.9 pp |
| 2003 | 7.9% | Rs630.00K | Rs8.01 Million | Rs4.61 Million | Rs3.98 Million | — |