HP Adhesives Limited Working Capital to Net Assets Ratio
HP Adhesives Limited working capital to net assets ratio. HP Adhesives Limited (HPAL) has a Working Capital to Net Assets ratio of 59.2% as of March 2026. Working capital of Rs1.11 Billion (current assets of Rs1.54 Billion minus current liabilities of Rs430.86 Million) is measured against net assets of Rs1.88 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HPAL intangible-adjusted equity 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 HP Adhesives Limited (2019–2026)
Working capital to net assets ratio of HP Adhesives Limited from 2019 to 2026. This chart shows how HP Adhesives Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 59.2%, reflecting working capital of Rs1.11 Billion against net assets of Rs1.88 Billion INR. See HP Adhesives Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
HP Adhesives Limited Working Capital to Net Assets Ratio by Year (2019–2026)
HP Adhesives Limited working capital to net assets ratio by year from 2019 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for HP Adhesives Limited from 2019 to 2026, covering 8 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 HP Adhesives Limited (HPAL) total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 59.2% | Rs1.11 Billion | Rs1.88 Billion | Rs1.54 Billion | Rs430.86 Million | ▲ +1.5 pp |
| 2025 | 57.6% | Rs1.06 Billion | Rs1.84 Billion | Rs1.48 Billion | Rs413.46 Million | ▲ +0.8 pp |
| 2024 | 56.8% | Rs959.52 Million | Rs1.69 Billion | Rs1.23 Billion | Rs266.02 Million | ▲ +11.9 pp |
| 2023 | 44.9% | Rs665.28 Million | Rs1.48 Billion | Rs966.77 Million | Rs301.49 Million | ▼ -17.3 pp |
| 2022 | 62.2% | Rs853.65 Million | Rs1.37 Billion | Rs1.34 Billion | Rs489.70 Million | ▲ +105.3 pp |
| 2021 | -43.2% | Rs-54.66 Million | Rs126.59 Million | Rs617.70 Million | Rs672.36 Million | ▲ +377.9 pp |
| 2020 | -421.1% | Rs-104.61 Million | Rs24.84 Million | Rs413.40 Million | Rs518.01 Million | ▼ -448.6 pp |
| 2019 | 27.5% | Rs40.37 Million | Rs146.62 Million | Rs444.38 Million | Rs404.01 Million | — |