HCL Technologies Limited (HCLTECH) — Working Capital to Net Assets Ratio
HCL Technologies Limited (HCLTECH) has a Working Capital to Net Assets ratio of 51.5% as of June 2026. Working capital of Rs378.78 Billion (current assets of Rs651.83 Billion minus current liabilities of Rs273.05 Billion) is measured against net assets of Rs735.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HCL Technologies Limited (HCLTECH) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HCL Technologies Limited Working Capital to Net Assets (2004–2026)
This chart shows how HCL Technologies Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of June 2026, the ratio stands at 51.5%, reflecting working capital of Rs378.78 Billion against net assets of Rs735.03 Billion INR. For the complete balance sheet picture, see HCL Technologies Limited balance sheet assets.
Annual Working Capital to Net Assets for HCL Technologies Limited (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for HCL Technologies Limited from 2004 to 2026, 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. Check financial resilience of HCL Technologies Limited to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 51.5% | Rs387.16 Billion | Rs751.97 Billion | Rs705.42 Billion | Rs318.26 Billion | ▲ +3.6 pp |
| 2025 | 47.9% | Rs333.28 Billion | Rs696.27 Billion | Rs613.58 Billion | Rs280.30 Billion | ▼ -5.7 pp |
| 2024 | 53.6% | Rs365.71 Billion | Rs682.10 Billion | Rs592.86 Billion | Rs227.14 Billion | ▲ +4.5 pp |
| 2023 | 49.1% | Rs321.36 Billion | Rs654.07 Billion | Rs535.60 Billion | Rs214.24 Billion | ▲ +1.9 pp |
| 2022 | 47.2% | Rs293.29 Billion | Rs621.37 Billion | Rs481.48 Billion | Rs188.19 Billion | ▲ +4.5 pp |
| 2021 | 42.7% | Rs257.06 Billion | Rs601.69 Billion | Rs431.25 Billion | Rs174.18 Billion | ▲ +14.5 pp |
| 2020 | 28.3% | Rs147.06 Billion | Rs520.56 Billion | Rs383.09 Billion | Rs236.03 Billion | ▼ -13.1 pp |
| 2019 | 41.3% | Rs175.27 Billion | Rs423.94 Billion | Rs298.35 Billion | Rs123.09 Billion | ▲ +2.1 pp |
| 2018 | 39.3% | Rs144.36 Billion | Rs367.44 Billion | Rs245.03 Billion | Rs100.67 Billion | ▼ -5.9 pp |
| 2017 | 45.2% | Rs151.16 Billion | Rs334.55 Billion | Rs264.30 Billion | Rs113.14 Billion | ▼ -9.1 pp |
| 2016 | 54.3% | Rs152.26 Billion | Rs280.29 Billion | Rs249.91 Billion | Rs97.64 Billion | ▼ -0.4 pp |
| 2015 | 54.8% | Rs135.52 Billion | Rs247.51 Billion | Rs231.39 Billion | Rs95.87 Billion | ▲ +0.4 pp |
| 2014 | 54.3% | Rs108.97 Billion | Rs200.51 Billion | Rs198.02 Billion | Rs89.06 Billion | ▲ +9.8 pp |
| 2013 | 44.5% | Rs3.82 Trillion | Rs8.58 Trillion | Rs7.84 Trillion | Rs4.02 Trillion | ▲ +18.7 pp |
| 2012 | 25.8% | Rs25.42 Billion | Rs98.39 Billion | Rs90.95 Billion | Rs65.53 Billion | ▼ -8.0 pp |
| 2011 | 33.9% | Rs25.93 Billion | Rs76.57 Billion | Rs66.57 Billion | Rs40.64 Billion | ▼ -3.7 pp |
| 2010 | 37.5% | Rs23.61 Billion | Rs62.93 Billion | Rs59.47 Billion | Rs35.86 Billion | ▼ -4.1 pp |
| 2009 | 41.7% | Rs20.60 Billion | Rs49.46 Billion | Rs58.62 Billion | Rs38.01 Billion | ▲ +16.9 pp |
| 2008 | 24.8% | Rs10.38 Billion | Rs41.88 Billion | Rs36.00 Billion | Rs25.61 Billion | ▼ -9.5 pp |
| 2007 | 34.3% | Rs14.02 Billion | Rs40.84 Billion | Rs25.63 Billion | Rs11.60 Billion | ▲ +13.4 pp |
| 2006 | 20.9% | Rs6.51 Billion | Rs31.15 Billion | Rs15.74 Billion | Rs9.23 Billion | ▲ +7.6 pp |
| 2005 | 13.3% | Rs4.60 Billion | Rs34.54 Billion | Rs11.44 Billion | Rs6.85 Billion | ▼ -62.1 pp |
| 2004 | 75.4% | Rs23.07 Billion | Rs30.60 Billion | Rs28.81 Billion | Rs5.74 Billion | — |