Jindal Stainless Limited (JSL) — Working Capital to Net Assets Ratio
Jindal Stainless Limited (JSL) has a Working Capital to Net Assets ratio of 17.0% as of March 2026. Working capital of Rs33.89 Billion (current assets of Rs173.13 Billion minus current liabilities of Rs139.24 Billion) is measured against net assets of Rs198.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jindal Stainless Limited 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
Jindal Stainless Limited Working Capital to Net Assets (2005–2026)
This chart shows how Jindal Stainless Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 17.0%, reflecting working capital of Rs33.89 Billion against net assets of Rs198.82 Billion INR. See Jindal Stainless Limited (JSL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Jindal Stainless Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jindal Stainless Limited from 2005 to 2026, 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 Jindal Stainless Limited (JSL) total market value.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 17.0% | Rs33.89 Billion | Rs198.82 Billion | Rs173.13 Billion | Rs139.24 Billion | ▼ -4.2 pp |
| 2025 | 21.3% | Rs35.55 Billion | Rs167.08 Billion | Rs167.98 Billion | Rs132.43 Billion | ▼ -11.7 pp |
| 2024 | 33.0% | Rs47.39 Billion | Rs143.75 Billion | Rs147.83 Billion | Rs100.44 Billion | ▼ -1.8 pp |
| 2023 | 34.8% | Rs41.61 Billion | Rs119.68 Billion | Rs151.12 Billion | Rs109.51 Billion | ▼ -28.9 pp |
| 2022 | 63.7% | Rs33.28 Billion | Rs52.27 Billion | Rs119.95 Billion | Rs86.66 Billion | ▲ +61.7 pp |
| 2021 | 1.9% | Rs622.80 Million | Rs32.18 Billion | Rs41.19 Billion | Rs40.56 Billion | ▲ +30.2 pp |
| 2020 | -28.3% | Rs-7.72 Billion | Rs27.30 Billion | Rs38.26 Billion | Rs45.98 Billion | ▼ -2.6 pp |
| 2019 | -25.7% | Rs-6.69 Billion | Rs26.03 Billion | Rs37.81 Billion | Rs44.50 Billion | ▼ -2.9 pp |
| 2018 | -22.8% | Rs-5.64 Billion | Rs24.74 Billion | Rs37.73 Billion | Rs43.38 Billion | ▲ +82.2 pp |
| 2017 | -105.0% | Rs-19.11 Billion | Rs18.20 Billion | Rs36.57 Billion | Rs55.68 Billion | ▲ +981.4 pp |
| 2016 | -1086.4% | Rs15.44 Billion | Rs-1.42 Billion | Rs72.73 Billion | Rs57.28 Billion | ▼ -1384.9 pp |
| 2015 | 298.5% | Rs6.04 Billion | Rs2.02 Billion | Rs61.33 Billion | Rs55.28 Billion | ▲ +1692.8 pp |
| 2014 | -1394.3% | Rs-11.66 Billion | Rs836.13 Million | Rs63.17 Billion | Rs74.83 Billion | ▼ -1385.8 pp |
| 2013 | -8.5% | Rs-1.15 Billion | Rs13.59 Billion | Rs67.55 Billion | Rs68.71 Billion | ▲ +14.5 pp |
| 2012 | -23.0% | Rs-4.84 Billion | Rs21.04 Billion | Rs60.62 Billion | Rs65.46 Billion | ▼ -113.1 pp |
| 2011 | 90.1% | Rs20.17 Billion | Rs22.39 Billion | Rs50.32 Billion | Rs30.14 Billion | ▼ -7.7 pp |
| 2010 | 97.8% | Rs18.68 Billion | Rs19.10 Billion | Rs45.10 Billion | Rs26.41 Billion | ▲ +72.6 pp |
| 2009 | 25.2% | Rs3.21 Billion | Rs12.71 Billion | Rs38.56 Billion | Rs35.35 Billion | ▼ -72.9 pp |
| 2008 | 98.1% | Rs18.10 Billion | Rs18.45 Billion | Rs46.88 Billion | Rs28.78 Billion | ▲ +55.5 pp |
| 2007 | 42.6% | Rs5.95 Billion | Rs13.98 Billion | Rs26.09 Billion | Rs20.14 Billion | ▼ -13.7 pp |
| 2006 | 56.3% | Rs5.61 Billion | Rs9.97 Billion | Rs19.62 Billion | Rs14.02 Billion | ▲ +6.7 pp |
| 2005 | 49.5% | Rs3.85 Billion | Rs7.77 Billion | Rs13.75 Billion | Rs9.90 Billion | — |