Jaiprakash Associates Limited (JPASSOCIAT) — Working Capital to Net Assets Ratio
Jaiprakash Associates Limited (JPASSOCIAT) has a Working Capital to Net Assets ratio of -155.1% as of September 2025. Working capital of Rs82.13 Billion (current assets of Rs234.00 Billion minus current liabilities of Rs151.86 Billion) is measured against net assets of Rs-52.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See JPASSOCIAT financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jaiprakash Associates Limited Working Capital to Net Assets (2004–2025)
This chart shows how Jaiprakash Associates Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at -155.1%, reflecting working capital of Rs82.13 Billion against net assets of Rs-52.96 Billion INR. See how many days can Jaiprakash Associates Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Jaiprakash Associates Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jaiprakash Associates Limited from 2004 to 2025, covering 22 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 market cap of Jaiprakash Associates Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -121.9% | Rs66.49 Billion | Rs-54.53 Billion | Rs236.58 Billion | Rs170.09 Billion | ▲ +234.8 pp |
| 2024 | -356.7% | Rs94.36 Billion | Rs-26.45 Billion | Rs273.09 Billion | Rs178.73 Billion | ▲ +755.7 pp |
| 2023 | -1112.5% | Rs144.97 Billion | Rs-13.03 Billion | Rs279.21 Billion | Rs134.24 Billion | ▼ -21231.0 pp |
| 2022 | 20118.6% | Rs87.46 Billion | Rs434.70 Million | Rs239.14 Billion | Rs151.68 Billion | ▲ +19586.2 pp |
| 2021 | 532.3% | Rs82.05 Billion | Rs15.41 Billion | Rs204.76 Billion | Rs122.70 Billion | ▲ +195.5 pp |
| 2020 | 336.8% | Rs73.20 Billion | Rs21.73 Billion | Rs191.74 Billion | Rs118.54 Billion | ▲ +105.5 pp |
| 2019 | 231.3% | Rs32.14 Billion | Rs13.89 Billion | Rs288.59 Billion | Rs256.45 Billion | ▲ +122.2 pp |
| 2018 | 109.1% | Rs61.68 Billion | Rs56.52 Billion | Rs208.55 Billion | Rs146.87 Billion | ▲ +265.5 pp |
| 2017 | -156.4% | Rs-82.48 Billion | Rs52.75 Billion | Rs184.05 Billion | Rs266.52 Billion | ▼ -223.5 pp |
| 2016 | 67.2% | Rs117.61 Billion | Rs175.06 Billion | Rs385.80 Billion | Rs268.19 Billion | ▲ +94.0 pp |
| 2015 | -26.8% | Rs-52.11 Billion | Rs194.42 Billion | Rs259.78 Billion | Rs311.89 Billion | ▲ +21.4 pp |
| 2014 | -48.2% | Rs-70.83 Billion | Rs146.94 Billion | Rs204.74 Billion | Rs275.57 Billion | ▼ -44.4 pp |
| 2013 | -3.8% | Rs-6.29 Billion | Rs164.13 Billion | Rs207.31 Billion | Rs213.59 Billion | ▼ -4.0 pp |
| 2012 | 0.2% | Rs221.40 Million | Rs144.25 Billion | Rs178.07 Billion | Rs177.84 Billion | ▼ -82.9 pp |
| 2011 | 83.0% | Rs113.65 Billion | Rs136.87 Billion | Rs228.08 Billion | Rs114.43 Billion | ▼ -29.5 pp |
| 2010 | 112.5% | Rs107.40 Billion | Rs95.47 Billion | Rs198.57 Billion | Rs91.17 Billion | ▲ +47.1 pp |
| 2009 | 65.4% | Rs47.79 Billion | Rs73.12 Billion | Rs108.28 Billion | Rs60.49 Billion | ▼ -14.6 pp |
| 2008 | 80.0% | Rs45.41 Billion | Rs56.80 Billion | Rs73.91 Billion | Rs28.50 Billion | ▲ +4.4 pp |
| 2007 | 75.6% | Rs25.60 Billion | Rs33.88 Billion | Rs50.34 Billion | Rs24.74 Billion | ▼ -13.6 pp |
| 2006 | 89.2% | Rs26.60 Billion | Rs29.83 Billion | Rs46.91 Billion | Rs20.31 Billion | ▼ -27.2 pp |
| 2005 | 116.4% | Rs13.96 Billion | Rs12.00 Billion | Rs28.27 Billion | Rs14.31 Billion | ▲ +65.8 pp |
| 2004 | 50.6% | Rs6.23 Billion | Rs12.31 Billion | Rs19.56 Billion | Rs13.33 Billion | — |