HOV Services Limited (HOVS) — 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. See how leveraged is HOV Services Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HOV Services Limited Working Capital to Net Assets (2006–2025)
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. Check HOV Services Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for HOV Services Limited (2006–2025)
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 live market cap and the full company profile, see HOVS company net worth.
| 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 | — |