HOV Services Limited Working Capital to Net Assets Ratio
HOV Services Limited working capital to net assets ratio. HOV Services Limited (HOVS) has a Working Capital to Net Assets ratio of 36.0% as of March 2025. Working capital of Rs86.61 Million (current assets of Rs234.44 Million minus current liabilities of Rs147.83 Million) is measured against net assets of Rs240.57 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HOV Services Limited tangible book value 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 HOV Services Limited (2006–2025)
Working capital to net assets ratio of HOV Services Limited from 2006 to 2025. This chart shows how HOV Services Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2025, the ratio stands at 36.0%, reflecting working capital of Rs86.61 Million against net assets of Rs240.57 Million INR. See operational self-sufficiency of HOV Services Limited to measure how many days the company can operate on defensive assets alone.
HOV Services Limited Working Capital to Net Assets Ratio by Year (2006–2025)
HOV Services Limited working capital to net assets ratio by year from 2006 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for HOV Services Limited from 2006 to 2025, covering 20 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 HOV Services Limited (HOVS) total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.0% | Rs86.61 Million | Rs240.57 Million | Rs234.44 Million | Rs147.83 Million | ▲ +2.4 pp |
| 2024 | 33.6% | Rs76.70 Million | Rs228.42 Million | Rs198.13 Million | Rs121.44 Million | ▲ +26.5 pp |
| 2023 | 7.1% | Rs16.09 Million | Rs225.90 Million | Rs156.38 Million | Rs140.29 Million | ▲ +17.0 pp |
| 2022 | -9.8% | Rs-29.43 Million | Rs299.51 Million | Rs104.56 Million | Rs133.99 Million | ▼ -8.5 pp |
| 2021 | -1.4% | Rs-13.22 Million | Rs959.37 Million | Rs127.14 Million | Rs140.36 Million | ▲ +12.4 pp |
| 2020 | -13.8% | Rs-46.49 Million | Rs337.34 Million | Rs105.05 Million | Rs151.54 Million | ▼ -15.3 pp |
| 2019 | 1.5% | Rs68.72 Million | Rs4.44 Billion | Rs110.08 Million | Rs41.36 Million | ▲ +0.5 pp |
| 2018 | 1.0% | Rs72.88 Million | Rs7.16 Billion | Rs109.71 Million | Rs36.83 Million | ▼ -11.5 pp |
| 2017 | 12.6% | Rs42.76 Million | Rs340.32 Million | Rs174.63 Million | Rs131.87 Million | ▲ +11.0 pp |
| 2016 | 1.6% | Rs53.17 Million | Rs3.37 Billion | Rs195.39 Million | Rs142.22 Million | ▲ +0.8 pp |
| 2015 | 0.8% | Rs46.27 Million | Rs5.78 Billion | Rs178.23 Million | Rs131.96 Million | ▼ -3.1 pp |
| 2014 | 3.9% | Rs66.06 Million | Rs1.69 Billion | Rs149.46 Million | Rs83.40 Million | ▼ -0.5 pp |
| 2013 | 4.4% | Rs95.05 Million | Rs2.15 Billion | Rs201.24 Million | Rs106.19 Million | ▼ -3.2 pp |
| 2012 | 7.6% | Rs162.01 Million | Rs2.12 Billion | Rs269.11 Million | Rs107.10 Million | ▲ +119.6 pp |
| 2011 | -111.9% | Rs-4.44 Billion | Rs3.97 Billion | Rs2.21 Billion | Rs6.65 Billion | ▼ -142.7 pp |
| 2010 | 30.7% | Rs1.14 Billion | Rs3.70 Billion | Rs2.43 Billion | Rs1.30 Billion | ▼ -9.5 pp |
| 2009 | 40.2% | Rs2.18 Billion | Rs5.41 Billion | Rs4.07 Billion | Rs1.90 Billion | ▼ -11.3 pp |
| 2008 | 51.5% | Rs2.56 Billion | Rs4.97 Billion | Rs3.96 Billion | Rs1.40 Billion | ▲ +138.8 pp |
| 2007 | -87.3% | Rs-3.44 Billion | Rs3.95 Billion | Rs3.18 Billion | Rs6.62 Billion | ▼ -107.9 pp |
| 2006 | 20.7% | Rs162.90 Million | Rs787.65 Million | Rs436.69 Million | Rs273.79 Million | — |