Happiest Minds Technologies Limited Working Capital to Net Assets Ratio
Happiest Minds Technologies Limited working capital to net assets ratio. Happiest Minds Technologies Limited (HAPPSTMNDS) has a Working Capital to Net Assets ratio of 54.1% as of December 2025. Working capital of Rs8.85 Billion (current assets of Rs20.94 Billion minus current liabilities of Rs12.10 Billion) is measured against net assets of Rs16.35 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HAPPSTMNDS intangible-adjusted equity ratio 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 Happiest Minds Technologies Limited (2013–2025)
Working capital to net assets ratio of Happiest Minds Technologies Limited from 2013 to 2025. This chart shows how Happiest Minds Technologies Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 54.1%, reflecting working capital of Rs8.85 Billion against net assets of Rs16.35 Billion INR. See Happiest Minds Technologies Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Happiest Minds Technologies Limited Working Capital to Net Assets Ratio by Year (2013–2025)
Happiest Minds Technologies Limited working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Happiest Minds Technologies Limited from 2013 to 2025, 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 the complete balance sheet picture, see total assets of Happiest Minds Technologies Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.4% | Rs7.93 Billion | Rs15.75 Billion | Rs20.01 Billion | Rs12.08 Billion | ▼ -31.4 pp |
| 2024 | 81.8% | Rs12.11 Billion | Rs14.80 Billion | Rs17.78 Billion | Rs5.67 Billion | ▲ +22.6 pp |
| 2023 | 59.2% | Rs4.97 Billion | Rs8.39 Billion | Rs10.73 Billion | Rs5.76 Billion | ▼ -25.3 pp |
| 2022 | 84.5% | Rs5.63 Billion | Rs6.66 Billion | Rs9.27 Billion | Rs3.65 Billion | ▼ -0.8 pp |
| 2021 | 85.3% | Rs4.66 Billion | Rs5.46 Billion | Rs7.45 Billion | Rs2.79 Billion | ▼ -2.7 pp |
| 2020 | 88.0% | Rs2.33 Billion | Rs2.65 Billion | Rs4.45 Billion | Rs2.12 Billion | ▼ -60.4 pp |
| 2019 | 148.4% | Rs-980.40 Million | Rs-660.50 Million | Rs3.34 Billion | Rs4.32 Billion | ▲ +10.1 pp |
| 2018 | 138.4% | Rs-1.51 Billion | Rs-1.09 Billion | Rs2.78 Billion | Rs4.29 Billion | ▲ +46.3 pp |
| 2017 | 92.1% | Rs1.88 Billion | Rs2.04 Billion | Rs2.84 Billion | Rs961.20 Million | ▲ +7.0 pp |
| 2016 | 85.0% | Rs1.07 Billion | Rs1.26 Billion | Rs1.86 Billion | Rs794.60 Million | ▼ -1.3 pp |
| 2015 | 86.3% | Rs1.02 Billion | Rs1.19 Billion | Rs1.58 Billion | Rs556.04 Million | ▼ -1.7 pp |
| 2014 | 88.0% | Rs859.98 Million | Rs976.95 Million | Rs1.21 Billion | Rs346.94 Million | ▲ +5.6 pp |
| 2013 | 82.5% | Rs399.88 Million | Rs484.94 Million | Rs631.54 Million | Rs231.66 Million | — |