HLE Glascoat Limited (HLEGLAS) — Working Capital to Net Assets Ratio
HLE Glascoat Limited (HLEGLAS) has a Working Capital to Net Assets ratio of 18.2% as of March 2026. Working capital of Rs1.12 Billion (current assets of Rs7.16 Billion minus current liabilities of Rs6.04 Billion) is measured against net assets of Rs6.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can HLE Glascoat Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HLE Glascoat Limited Working Capital to Net Assets (2006–2026)
This chart shows how HLE Glascoat Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 18.2%, reflecting working capital of Rs1.12 Billion against net assets of Rs6.18 Billion INR. For the complete balance sheet picture, see HLE Glascoat Limited assets under control.
Annual Working Capital to Net Assets for HLE Glascoat Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for HLE Glascoat Limited from 2006 to 2026, covering 21 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 HLE Glascoat Limited (HLEGLAS) asset resilience 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 | 18.2% | Rs1.12 Billion | Rs6.18 Billion | Rs7.16 Billion | Rs6.04 Billion | ▲ +3.7 pp |
| 2025 | 14.5% | Rs804.09 Million | Rs5.54 Billion | Rs6.49 Billion | Rs5.68 Billion | ▼ -12.3 pp |
| 2024 | 26.8% | Rs1.33 Billion | Rs4.97 Billion | Rs6.20 Billion | Rs4.87 Billion | ▼ -22.7 pp |
| 2023 | 49.5% | Rs1.62 Billion | Rs3.27 Billion | Rs5.59 Billion | Rs3.97 Billion | ▼ -8.4 pp |
| 2022 | 57.8% | Rs1.47 Billion | Rs2.54 Billion | Rs4.79 Billion | Rs3.33 Billion | ▲ +9.8 pp |
| 2021 | 48.1% | Rs647.92 Million | Rs1.35 Billion | Rs2.47 Billion | Rs1.82 Billion | ▲ +10.6 pp |
| 2020 | 37.5% | Rs290.21 Million | Rs773.74 Million | Rs2.29 Billion | Rs2.00 Billion | ▼ -21.7 pp |
| 2019 | 59.2% | Rs334.76 Million | Rs565.84 Million | Rs996.37 Million | Rs661.61 Million | ▲ +4.1 pp |
| 2018 | 55.0% | Rs283.27 Million | Rs514.77 Million | Rs675.11 Million | Rs391.84 Million | ▼ -5.1 pp |
| 2017 | 60.2% | Rs275.96 Million | Rs458.69 Million | Rs638.75 Million | Rs362.79 Million | ▲ +15.0 pp |
| 2016 | 45.1% | Rs119.45 Million | Rs264.60 Million | Rs535.92 Million | Rs416.46 Million | ▲ +13.4 pp |
| 2015 | 31.8% | Rs75.03 Million | Rs236.30 Million | Rs586.00 Million | Rs510.97 Million | ▲ +9.4 pp |
| 2014 | 22.4% | Rs50.71 Million | Rs226.47 Million | Rs484.49 Million | Rs433.78 Million | ▲ +12.3 pp |
| 2013 | 10.1% | Rs20.44 Million | Rs202.97 Million | Rs445.42 Million | Rs424.98 Million | ▲ +6.4 pp |
| 2012 | 3.6% | Rs6.52 Million | Rs179.67 Million | Rs445.75 Million | Rs439.23 Million | ▼ -114.2 pp |
| 2011 | 117.8% | Rs193.64 Million | Rs164.38 Million | Rs459.27 Million | Rs265.63 Million | ▲ +26.9 pp |
| 2010 | 90.9% | Rs135.41 Million | Rs148.93 Million | Rs288.17 Million | Rs152.76 Million | ▼ -43.1 pp |
| 2009 | 134.1% | Rs180.79 Million | Rs134.86 Million | Rs298.65 Million | Rs117.86 Million | ▲ +98.3 pp |
| 2008 | 35.7% | Rs44.41 Million | Rs124.29 Million | Rs274.79 Million | Rs230.38 Million | ▲ +4.6 pp |
| 2007 | 31.2% | Rs33.21 Million | Rs106.59 Million | Rs238.87 Million | Rs205.66 Million | ▲ +21.7 pp |
| 2006 | 9.4% | Rs9.23 Million | Rs97.75 Million | Rs192.40 Million | Rs183.17 Million | — |