JM Financial Limited (JMFINANCIL) — Working Capital to Net Assets Ratio
JM Financial Limited (JMFINANCIL) has a Working Capital to Net Assets ratio of -13.5% as of September 2024. Working capital of Rs-15.22 Billion (current assets of Rs-1.00 minus current liabilities of Rs15.22 Billion) is measured against net assets of Rs112.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is JM Financial Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JM Financial Limited Working Capital to Net Assets (2012–2024)
This chart shows how JM Financial Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2024, the ratio stands at -13.5%, reflecting working capital of Rs-15.22 Billion against net assets of Rs112.61 Billion INR. Check tangible equity quality of JM Financial Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for JM Financial Limited (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for JM Financial Limited from 2012 to 2024, covering 13 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 how much is JM Financial Limited worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 8.4% | Rs9.26 Billion | Rs110.56 Billion | Rs22.41 Billion | Rs13.16 Billion | ▲ +15.5 pp |
| 2023 | -7.1% | Rs-7.99 Billion | Rs112.70 Billion | Rs5.24 Billion | Rs13.23 Billion | ▼ -11.0 pp |
| 2022 | 3.9% | Rs4.17 Billion | Rs106.26 Billion | Rs12.63 Billion | Rs8.46 Billion | ▲ +3.3 pp |
| 2021 | 0.6% | Rs617.80 Million | Rs96.76 Billion | Rs8.26 Billion | Rs7.65 Billion | ▼ -3.9 pp |
| 2020 | 4.6% | Rs3.70 Billion | Rs81.34 Billion | Rs8.10 Billion | Rs4.39 Billion | ▲ +0.2 pp |
| 2019 | 4.3% | Rs3.35 Billion | Rs77.66 Billion | Rs7.52 Billion | Rs4.17 Billion | ▼ -279.4 pp |
| 2018 | 283.7% | Rs164.32 Billion | Rs57.93 Billion | Rs167.89 Billion | Rs3.57 Billion | ▲ +12.9 pp |
| 2017 | 270.8% | Rs120.29 Billion | Rs44.42 Billion | Rs128.52 Billion | Rs8.23 Billion | ▲ +33.5 pp |
| 2016 | 237.4% | Rs84.92 Billion | Rs35.78 Billion | Rs88.04 Billion | Rs3.12 Billion | ▲ +49.2 pp |
| 2015 | 188.2% | Rs60.16 Billion | Rs31.98 Billion | Rs62.25 Billion | Rs2.08 Billion | ▲ +34.8 pp |
| 2014 | 153.4% | Rs36.23 Billion | Rs23.62 Billion | Rs38.85 Billion | Rs2.62 Billion | ▼ -22.4 pp |
| 2013 | 175.8% | Rs38.69 Billion | Rs22.01 Billion | Rs40.80 Billion | Rs2.11 Billion | ▲ +0.0 pp |
| 2012 | 175.8% | Rs38.69 Billion | Rs22.01 Billion | Rs40.80 Billion | Rs2.11 Billion | — |