Hero MotoCorp Limited Working Capital to Net Assets Ratio
Hero MotoCorp Limited working capital to net assets ratio. Hero MotoCorp Limited (HEROMOTOCO) has a Working Capital to Net Assets ratio of 41.3% as of March 2026. Working capital of Rs90.00 Billion (current assets of Rs189.05 Billion minus current liabilities of Rs99.04 Billion) is measured against net assets of Rs218.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hero MotoCorp Limited tangible equity quality 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 Hero MotoCorp Limited (2004–2026)
Working capital to net assets ratio of Hero MotoCorp Limited from 2004 to 2026. This chart shows how Hero MotoCorp Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 41.3%, reflecting working capital of Rs90.00 Billion against net assets of Rs218.11 Billion INR. See Hero MotoCorp Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Hero MotoCorp Limited Working Capital to Net Assets Ratio by Year (2004–2026)
Hero MotoCorp Limited working capital to net assets ratio by year from 2004 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Hero MotoCorp 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. For the complete balance sheet picture, see Hero MotoCorp Limited balance sheet assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 41.3% | Rs90.00 Billion | Rs218.11 Billion | Rs189.05 Billion | Rs99.04 Billion | ▲ +10.6 pp |
| 2025 | 30.7% | Rs59.58 Billion | Rs194.04 Billion | Rs134.34 Billion | Rs74.76 Billion | ▲ +12.4 pp |
| 2024 | 18.3% | Rs32.67 Billion | Rs178.35 Billion | Rs103.15 Billion | Rs70.48 Billion | ▼ -2.1 pp |
| 2023 | 20.4% | Rs34.23 Billion | Rs167.81 Billion | Rs94.35 Billion | Rs60.13 Billion | ▼ -11.2 pp |
| 2022 | 31.6% | Rs50.55 Billion | Rs159.95 Billion | Rs105.72 Billion | Rs55.18 Billion | ▲ +0.3 pp |
| 2021 | 31.3% | Rs48.66 Billion | Rs155.60 Billion | Rs113.70 Billion | Rs65.05 Billion | ▲ +1.2 pp |
| 2020 | 30.0% | Rs43.70 Billion | Rs145.47 Billion | Rs86.49 Billion | Rs42.79 Billion | ▼ -0.2 pp |
| 2019 | 30.2% | Rs40.04 Billion | Rs132.37 Billion | Rs84.13 Billion | Rs44.09 Billion | ▼ -7.2 pp |
| 2018 | 37.5% | Rs45.21 Billion | Rs120.65 Billion | Rs90.02 Billion | Rs44.81 Billion | ▲ +4.8 pp |
| 2017 | 32.7% | Rs33.94 Billion | Rs103.83 Billion | Rs75.71 Billion | Rs41.77 Billion | ▲ +2.0 pp |
| 2016 | 30.7% | Rs27.32 Billion | Rs88.89 Billion | Rs63.03 Billion | Rs35.72 Billion | ▲ +9.5 pp |
| 2015 | 21.2% | Rs13.93 Billion | Rs65.59 Billion | Rs53.80 Billion | Rs39.86 Billion | ▲ +1.1 pp |
| 2014 | 20.2% | Rs11.35 Billion | Rs56.23 Billion | Rs55.58 Billion | Rs44.24 Billion | ▲ +2.0 pp |
| 2013 | 18.1% | Rs9.07 Billion | Rs49.99 Billion | Rs50.78 Billion | Rs41.71 Billion | ▲ +6.7 pp |
| 2012 | 11.4% | Rs4.90 Billion | Rs42.90 Billion | Rs48.31 Billion | Rs43.41 Billion | ▲ +168.4 pp |
| 2011 | -157.0% | Rs-46.40 Billion | Rs29.56 Billion | Rs15.05 Billion | Rs61.45 Billion | ▼ -100.7 pp |
| 2010 | -56.2% | Rs-19.49 Billion | Rs34.65 Billion | Rs28.83 Billion | Rs48.31 Billion | ▼ -28.9 pp |
| 2009 | -27.3% | Rs-10.39 Billion | Rs38.01 Billion | Rs10.13 Billion | Rs20.53 Billion | ▲ +2.4 pp |
| 2008 | -29.7% | Rs-8.88 Billion | Rs29.86 Billion | Rs9.37 Billion | Rs18.25 Billion | ▼ -6.8 pp |
| 2007 | -22.9% | Rs-5.66 Billion | Rs24.70 Billion | Rs9.13 Billion | Rs14.79 Billion | ▲ +14.0 pp |
| 2006 | -36.9% | Rs-7.42 Billion | Rs20.09 Billion | Rs8.21 Billion | Rs15.63 Billion | ▲ +26.4 pp |
| 2005 | -63.3% | Rs-9.46 Billion | Rs14.93 Billion | Rs5.55 Billion | Rs15.00 Billion | ▲ +2.6 pp |
| 2004 | -66.0% | Rs-7.51 Billion | Rs11.39 Billion | Rs5.09 Billion | Rs12.60 Billion | — |