Johnson Controls - Hitachi Air Conditioning India Limited (JCHAC) — Working Capital to Net Assets Ratio
Johnson Controls - Hitachi Air Conditioning India Limited (JCHAC) has a Working Capital to Net Assets ratio of 21.4% as of September 2025. Working capital of Rs1.02 Billion (current assets of Rs7.53 Billion minus current liabilities of Rs6.51 Billion) is measured against net assets of Rs4.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Johnson Controls - Hitachi Air Condition free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Johnson Controls - Hitachi Air Conditioning India Limited Working Capital to Net Assets (2005–2025)
This chart shows how Johnson Controls - Hitachi Air Conditioning India Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 21.4%, reflecting working capital of Rs1.02 Billion against net assets of Rs4.77 Billion INR. See Johnson Controls - Hitachi Air Condition liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Johnson Controls - Hitachi Air Conditioning India Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Johnson Controls - Hitachi Air Conditioning India Limited from 2005 to 2025, 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. For live market cap and the full company profile, see JCHAC stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.5% | Rs2.98 Billion | Rs6.41 Billion | Rs13.71 Billion | Rs10.73 Billion | ▲ +13.1 pp |
| 2024 | 33.4% | Rs1.94 Billion | Rs5.83 Billion | Rs11.63 Billion | Rs9.68 Billion | ▼ -9.3 pp |
| 2023 | 42.7% | Rs2.81 Billion | Rs6.59 Billion | Rs12.99 Billion | Rs10.18 Billion | ▼ -9.2 pp |
| 2022 | 51.9% | Rs3.84 Billion | Rs7.40 Billion | Rs13.15 Billion | Rs9.31 Billion | ▲ +1.8 pp |
| 2021 | 50.0% | Rs3.61 Billion | Rs7.22 Billion | Rs11.40 Billion | Rs7.79 Billion | ▲ +4.7 pp |
| 2020 | 45.3% | Rs3.12 Billion | Rs6.89 Billion | Rs11.10 Billion | Rs7.99 Billion | ▼ -2.3 pp |
| 2019 | 47.6% | Rs2.92 Billion | Rs6.13 Billion | Rs11.84 Billion | Rs8.92 Billion | ▼ -7.0 pp |
| 2018 | 54.6% | Rs2.92 Billion | Rs5.35 Billion | Rs9.64 Billion | Rs6.72 Billion | ▲ +12.6 pp |
| 2017 | 42.0% | Rs1.85 Billion | Rs4.39 Billion | Rs8.11 Billion | Rs6.26 Billion | ▲ +16.3 pp |
| 2016 | 25.8% | Rs922.64 Million | Rs3.58 Billion | Rs8.11 Billion | Rs7.18 Billion | ▼ -7.5 pp |
| 2015 | 33.3% | Rs1.04 Billion | Rs3.13 Billion | Rs8.08 Billion | Rs7.04 Billion | ▲ +5.6 pp |
| 2014 | 27.7% | Rs665.09 Million | Rs2.40 Billion | Rs5.32 Billion | Rs4.65 Billion | ▼ -26.8 pp |
| 2013 | 54.5% | Rs990.68 Million | Rs1.82 Billion | Rs6.25 Billion | Rs5.26 Billion | ▲ +42.8 pp |
| 2012 | 11.7% | Rs200.98 Million | Rs1.71 Billion | Rs4.34 Billion | Rs4.14 Billion | ▼ -60.9 pp |
| 2011 | 72.6% | Rs1.25 Billion | Rs1.72 Billion | Rs4.85 Billion | Rs3.60 Billion | ▲ +12.9 pp |
| 2010 | 59.7% | Rs875.36 Million | Rs1.47 Billion | Rs3.30 Billion | Rs2.43 Billion | ▼ -10.7 pp |
| 2009 | 70.4% | Rs735.75 Million | Rs1.05 Billion | Rs2.54 Billion | Rs1.81 Billion | ▼ -0.7 pp |
| 2008 | 71.1% | Rs439.26 Million | Rs617.96 Million | Rs1.71 Billion | Rs1.27 Billion | ▲ +10.8 pp |
| 2007 | 60.3% | Rs372.61 Million | Rs617.96 Million | Rs1.47 Billion | Rs1.10 Billion | ▼ -110.1 pp |
| 2006 | 170.4% | Rs372.61 Million | Rs218.61 Million | Rs1.47 Billion | Rs1.10 Billion | ▼ -232.1 pp |
| 2005 | 402.5% | Rs282.00 Million | Rs70.06 Million | Rs1.25 Billion | Rs966.02 Million | — |